- Category: News and Highlights
The concept of green economy is receiving significant policy interest due to the promise that greening the economies of the world would help address the challenges (economic, social and environmental) that the world is facing. Transition to green economy one of the key agenda items at the RIO+20, and many international development agencies such as AfDB, OECD, UNEP and World Bank are already articulating and advocating for a transition to a green economy.
On 6th September 2012, KIPPRA presented to stakeholders its initial findings on assessment of transition to a green economy. The transition green economy offers opportunities for sustained growth, high productivity, clean environment and employment opportunities as envisaged in the Vision 2030. It is thus an attractive model of development; however, there are risks and challenges that need to be addressed. They include: those related to harmonisation and strengthening of the policy, legal and regulatory framework; financing; education and outreach; and, international policy and regulatory regime governing international trade in ‘green’ goods and services.