Investment strategies almost never consider external costs to the environment when calculating potential returns. But incorporating environmental risk and sustainability into investor mindsets is possible– and urgent.

As discussions to develop a set of sustainable development goals (SDGs) build momentum, attention is starting to shift towards not only what the world should try to achieve, but also how to go about it.

This publication explains why green growth is vital to secure a more sustainable future for developing countries. Covering 74 policies and measures from 37 countries and 5 regional initiatives, this publication outlines an action-oriented twin-track agenda to guide national and international policies and practices to successfully tackle green growth.

Over the past 20 years, the global development landscape has changed dramatically. At the same time, we face unprecedented global challenges and growing instability, with looming financial and economic crises, and growing unemployment, food insecurity, political instability and environmental threats.

People care for the environment, and a large majority state that they are willing to make compromises to green their lifestyle according to a new OECD survey of 12,000 households. However, the economic crisis has taken its toll, and the survey shows that the environment is slipping down on the list of people’s priorities.

With 7 billion people in the world today and 9 billion by 2050, we must invest in development that will meet the growing demands for food, water and energy. The new OECD publication Putting Green Growth at the Heart of Development suggests that these investments could define a path for inclusive growth and sustainable development by focusing on people’s needs and prospects while respecting the environment.

This working paper reflects on green growth policy in Ethiopia – it explores green growth already in action – a range of on-the-ground activities which point to scale-up options for the future.

The rapid pace of development in many developing countries raises the stakes for investments in development, but also begs reflection on the patterns or types of growth that are appropriate for a particular country context.

Following the delivery of the Strategy in May 2011, green growth will be mainstreamed in OECD analytical work to enrich guidance on a number of country, sector and issue-specific areas. This will involve integrating green growth considerations in Economic Surveys, Environmental Performance Reviews and Innovation Reviews.

Governments around the world are encouraging people to factor the environment into their everyday lives and purchases. Is it leading to more sustainable consumption? Are households ‘going green’?

This workshop expanded the G20 Development Working Group’s (DWG) dialogue with representatives from developing countries on the lessons learned from their own experiences in designing and implementing inclusive green growth strategies.

Key questions for development planning today in countries include: Can developing countries strike a balance between economic growth, societal well-being and environmental protection? Can inclusive, green growth be a way forward? This report presents a case study on Cambodia designed to answer these questions.

Headlines: 2013 Green Growth and Sustainable Development Forum, 5-6 December 2013; In Focus: Water – International Year of Water, World Water Week and the OECD's Work on Water; Promoting Green Investment in Costa Rica; Promoting Green Growth in Brandenburg; Making Growth Green and Inclusive – The Case of Cambodia; Latest publications and key upcoming events.

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.

Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.

The 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.

This LEED project aims to to define key indicators of area-based transition to a low-carbon economy. The objective is to define measurable indicators at regional/local level that can inform over time of transition to low-carbon economic and industrial activities.

New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.

The last decade has seen considerable policy attention to the social economy and its contribution to employment, in particular as regards the inclusion and empowerment of vulnerable workers and the provision of appropriate working conditions.

LEED and Cedefop organise the second edition of the Green Skills Forum which will bring together experts in innovation, employability and skills development and lessons from work conducted by the OECD, Cedefop, and other organisations on the implications of the green economy for skills development and training policies.

The Ministerial Green Growth Group (GGG) is an informal grouping of like-minded energy, environment and climate Ministers from across 13 EU member states who have come together to work towards a pro-growth and pro-climate EU agenda. The group meets regularly to discuss and co-ordinate positions on EU low carbon matters and to promote, with businesses and investors, an ambitious EU decarbonisation growth agenda.

Risk finance is essential for new ventures to commercialise new ideas and grow, especially in emerging sectors. Yet very little is known about the drivers and characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 countries and identifying the role that policies might have in shaping high-growth investments.

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

The policy forum officially launches the conceptual framework to the public and offers an opportunity for participants to discuss the key issues for emerging Asia: housing, buildings and energy, land use and transport, water and waste management, green goods and services.

The report presents the potential of new nanomaterials and highlights the remaining challenges for their safe and sustainable introduction in the tyre industry.

As part of its Green Growth Strategy, the OECD is developing a set of indicators for agriculture. A Preliminary Assessment has just been published, and a selection of indicators has been identified to capture key aspects of a low-carbon, resource-efficient agricultural sector.

The Japan-OECD Policy Forum on Urban Development and Green Growth will address cities’ unique role in creating synergies between environmental and economic objectives to advance green growth. Asian cities in particular are at the centre of this challenge. This event is organised as a commemorative event for the 50th Anniversary of Japan's Accession to the OECD.

Let’s be honest, waste reduction doesn’t have much of a ring to it. To many, it’s a complex policy issue without much hope if consumers keep throwing their cans away in the street.

The Green Growth and Sustainable development Forum is an annual event, and the third Forum will take place on 13-14 November 2014. This blog highlights the importance of the Forum, and how, far from being "abstract", this year's Forum offers an invaluable opportunity to address the social implications of implementing green growth strategies.

Webinar presenting OECD’s and UNEP’s Compendium of Best Practices in Green Public Procurement

Southeast Asia’s over-reliance on natural resources like oil, gas, minerals and wood for economic growth is unsustainable over the long term and is causing environmental damage that will hurt future prosperity if left unchecked, according to a new OECD report.

The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.

This Forum examined the distributional consequences of implementing green growth strategies and their impact on employment, skills and income.

Water security is one of the greatest challenges we face today, yet the situation has never looked more perilous. By 2050 the OECD Environmental Outlook projects that nearly 4 billion people will live in river basins under severe water stress, and global nitrogen effluents from wastewater are projected to grow by 180%. Whilst, over the same period, global demand for water is expected to grow by 55%.

As environmental pressures continue to rise, governments throughout the OECD area have not been sitting back. If anything, the stringency of their policy measures has been increasing on the whole, not least to combat pollution and climate change. And as the evidence shows, stringent environmental policies can be introduced without hurting overall productivity.

Third Annual Conference on the theme of "Fiscal Policies and the Green Economy Transition: Generating Knowledge – Creating Impact" held at the University of Venice from 29 through 30 January 2015. The press release is available.

Climate policy and competitiveness issues have created a new need for international co-ordination, beyond the scope of our current frameworks. There is no need to trade economic growth for environmental stringency. Environmentally stringent policies are an incentive for greater efficiencies which leading edge companies can easily achieve.

Embracing green growth can secure strong, stable and sustainable development. An increasing number of developing countries have formulated and/or implemented innovative policies to pursue green growth, notably in Africa. Zambia, in particular, is committed to drawing up an Inclusive Green Growth Strategy (IGGS) that builds upon a nationally-defined and comprehensive definition of green growth.

Natural resources provide essential raw materials and other commodities, and are an important source of income and jobs. They also support the provision of ecosystem services necessary to develop human and social capital.

Ever plodded through flood waters to get to a conference? In late January, the Green Growth Knowledge Platform (GGKP) held their 3rd annual conference in Venice, Italy. The flooded city reminded attendees about the real world changes that are occurring and the need for continued action towards going green.

"Green growth" and transport combines several different concepts that are central to sustainable mobility, including sustainable economic activity, reduced environmental impact and sustained growth in high quality jobs.

The OECD’s latest Environmental Performance Review of Spain finds the country has decreased the energy and carbon intensity of its economy, reduced industrial pollution and cut per-capita waste generation since 2000.

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.

This report develops an analytical framework that assesses the macroeconomic, environmental and distributional consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country of a gradual phase out of all energy consumption subsidies between 2012 and 2020.

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.

This report summarises the current situation in fisheries and aquaculture, observing that in many parts of the world these sectors are at risk and do not reach their full potential.

According to shocking new research by Oxfam, the world’s richest 1% would, on current trends, own more than half the world’s wealth by 2016.

Despite its importance, regular measurement of the value of natural resources at national level is still in its infancy and often disconnected from valuation approaches for other assets.

On 7 May 2015, the Green Growth Knowledge Platform (GGKP) will hold a webinar on 'Trade and Green Growth: Measuring the impact of environmental policy on economic competitiveness' from 1-2 PM Geneva time.

In the coming months, the international community will gather three times and on three different continents, to build a sustainable development agenda for generations to come.