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People's Daily Online>>China Business

UNEP launches green economy report

By Yu Hongyan  (Chinadaily.com.cn)

14:07, November 17, 2011

The United Nations Environment Programme (UNEP) launched a report in Beijing on Wednesday to guide a global shift towards a low-carbon, resource-efficient and socially inclusive future.

The report, entitled Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication, aims to debunk myths and misconceptions about greening the global economy, and provides guidance to policy makers on what reforms are needed to unlock the productive and employment potential of a green economy.

It confirms that an investment of two percent of global GDP across 10 key sectors is what is required to kick start a shift from the current brown polluting and inefficient economy to a green one.

The 10 sectors in the report are agriculture, fisheries, water, forests, renewable energy, manufacturing, waste, buildings, transport and tourism.

The report acknowledges that in the short-term, job losses in some sectors like fisheries are inevitable if they are to transit towards sustainability. However, over time, the number of "new and decent jobs created" in sectors - ranging from renewable energies to more sustainable agriculture - will offset those lost from the "brown economy"

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