G20 Development Working Group Submissions
INCLUSIVE GREEN GROWTH12
Eradicating poverty and achieving sustainable
development through more inclusive, resilient and
greener growth are among the greatest challenges
confronting humankind. Under the Mexican G20
Presidency in 2012, the DWG recognized that
environmental constraints and social exclusion
present some of the most serious threats to hard-
won development gains and decided to take action.
The DWG strengthened its commitment to help
developing countries, in particular LICs, to sustain
and strengthen their growth by adopting a focus on
IGG. Although not a part of the G20's 2010 MYAP
on Development, IGG work was mandated by the
G20 Leaders' Declaration of 2012. As this work
was only initiated in 2012 by the DWG's informal
co-facilitators group on IGG, its work items have yet
to be finalized and show concrete results.
In-Depth Assessment
Alignment with Core G20 and DWG mandate
The work on IGG is aligned with the 2010 G20
Development Principles, which underline the need
for inclusive, sustainable and resilient growth. This
requires green growth policies that foster economic
growth consistent with the sustainable use of natural
resources, addressing environmental concerns,
social inclusion, and poverty eradication. In line
with the G20 Development Principles the work on
IGG addresses global systemic threats (derived
from environmental systemic threats) requiring
collective action. Two other G20 Development
Principles-a global development partnership
between the G20 and LICs, and private sector
participation--are also advanced through this
work. The DWG acknowledges in its reports and
through the development of a non-prescriptive
toolkit on IGG that relevant strategies will vary by
country according to their national priorities and
circumstances. The role of the private sector and the
need for an enabling policy environment conducive
to investment in IGG have also been an integral
part of the DWG's work on the toolkit and ongoing
collaboration with the IFC and the Global Green
12 Initiated in 2012 by the DWG's informal co-facilitators group on
IGG, which comprises Australia, Brazil, Canada, Germany, Japan,
Mexico and the Republic of Korea. The main contributors to this work
are the OECD, AFDB, UN and WB.
Growth Institute to develop a Dialogue Platform on
Inclusive Green Investment (DPIGI).
COMMITMENT: We commit to continuing
to help developing countries sustain and
strengthen their development, including
through inclusive green growth
Implementation
2 3 4
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In response to a DWG request, the AfDB, OECD,
UN and WB have jointly developed a non-
prescriptive package of tools (toolkit) relevant to
supporting developing countries that wish to design
and implement affordable IGG strategies. The
G20 leaders welcomed this effort at the Los Cabos
Summit in 2012. They encouraged further national
implementation efforts. The toolkit contains practical
information on 15 tools for crafting an IGG-strategy
as the first step of a collaborative effort to support
countries to green their economies in an inclusive
way in the context of sustainable development.
This initiative will be strengthened and expanded
by the addition of further tools and showcasing
of success stories with the continued support of
IOs and discussed during a workshop open to
developing country partners, particularly LICs. All
4 participating IOs, as well as the G20 members
involved in developing the IGG toolkit have been
working internally and in collaboration with other
partners on the implementation of IGG in their
activities in two directions:
mainstreaming IGG within their strategies and
operations; and
using the Green Growth Knowledge Platform **
to scale up the provision of relevant knowledge
to enable IGG implementation in a timely
fashion.
The IGG toolkit provides practical guidance relevant
to shaping the integrated policy approaches to
growth that are critical for enabling the private sector
to undertake needed investments and innovations
*
**
http://gggi.org/
http://www.greengrowthknowledge.
org/Pages/GGKPHome.aspx
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