1. OECD Green growth strategy Measuring progress through indicators
Horizontal Task Force on Green Growth Indicators OECD STD, ECO, ENV, STI, IEA

2. The Green Growth Strategy
5/15/2019
The Green Growth Strategy
Request by Ministers of Finance, Economy & Trade in 2009
Involves 25 OECD Committees
2 key deliverables:
Interim Report for the 2010 MCM
Synthesis Report for the 2011 MCM
International Green Growth Dialogue

3. The Green Growth Strategy What are the key elements of the Strategy?
Reform environmentally harmful subsidies
Remove barriers to trade in environmental goods and services
Strengthen policy coherence
Remove barriers to green growth
Adopt an integrated policy mix: market and non-market based instruments
Accelerate the innovation and diffusion of green technologies
Encourage measures for greener consumption and develop innovative financial mechanisms
Promote trajectory shift
Smooth reallocation of labor through key labor market and training policies
Upgrade workers' skills and competencies
Address distributional effects of the associated structural change
Support the transition
Improve financing mechanisms for global public goods
Enable pro-poor green growth
Address potential competitiveness issues
Promote technology transfer and R&D co-operation
Strengthen international co-operation
Develop a new accounting framework and a set of green growth indicators
Measure impact of specific policies
Measure progress
Greener growth
Main elements of the framework:
A policy toolkit for:
Overcoming barriers to green growth: e.g. reform of environmentally-harmful subsidies, removal of barriers to trade in green G&S, rationalising conflicting policy instruments.
Enabling an efficient shift to green growth: e.g. taxes & MBIs, regulations, R&D and green innovation policies, VAs, information-based approaches.
Managing the transition: green job opportunities & new skills, industrial restructuring, distributional aspects.
International co-operation for:
financing of global public goods (facilities or mechanisms to help address e.g. climate, biodiversity loss)
addressing competitiveness effects
green technology development and transfer
pro-poor green growth
A new accounting framework and indicators for:
measuring progress
supporting policy analysis

4. The Green Growth Strategy What key environmental challenges will it address?
Economic Development
Biodiversity and Ecosystem Services
Sustainable Use of Resources
Sustainable
Materials Management
Climate Change

5. Green Growth Indicators
5/15/2019
Green Growth Indicators
Purpose
Monitoring implementation of the strategy
Measuring progress towards GG
Supporting policy analysis
Foundations
Existing work & experience: environmental indicators, including resource efficiency, decoupling; economic indicators; energy (efficiency) indicators; S&T and (eco) innovation indicators; etc.
Inter-Directorate Task Force
Short term   long term   Stiglitz

6. Green Growth Indicators
GGS provides no rigorous definition of green growth
…but there is working definition
« Green growth is a way to pursue economic growth and development, while preventing environmental degradation, biodiversity loss, und unsustainable natural resource use »
…which has been used to build a framework for indicator development
Scope / issues
Determinants of GG (in line with strategy)
Start with “environmental” issues that are key to GG

7. Green Growth Indicators
5/15/2019
Green Growth Indicators
Indicator framework
Generally: pragmatic approach towards choice of indicators so that they respond to criteria of policy relevance, analytical soundness and measurability
Flexibility, adaptability
International coherence: SEEA, Stigltiz, Beyond GDP
Growth accounting framework / issues / sectors
Five groups of indicators to monitor:
the environmental efficiency of production
the environmental efficiency of consumption
the natural asset base of the economy, including natural resource and material stocks, and biodiversity
the environmental quality of life
policy responses and instruments

8. Green Growth Indicators - Framework
Economic activities (production, consumption, trade)
Economic and social agents
Outputs:
Goods, services
Production process
Recycling, re-use, re-manufacturing, substitution
Inputs:
Labour, capital, energy, materials, environmental services
Multi-factor productivity
Policies, measures, instruments:
Taxes, subsidies, regulations, investments, innovation, education
Consumers 5 4 2 1
Public per-ceptions
Services, amenities,
health & safety aspects
Pollutants, waste
Natural resources (water, biomass, air, land, energy, materials, …)
Natural capital stocks and environmental quality 3
1: Indicators of environmental efficiency of production and changes in production patterns
2: Indicators of environmental efficiency of consumption and changes in consumption patterns
3: Indicators of stocks of natural capital and environmental quality
4: Indicators of objective and subjective environmental quality of life
5: Indicators of responses by economic actors

9. Green growth and Measurement of Progress
Green Growth asks about how to achieve growth that is environmentally sustainable and how environmental considerations can foster growth
The Progress Agenda asks ‘which growth’ and ‘whose growth’? (income or production? household perspective or economy-wide growth?)
Two areas where Green Growth and Measuring Progress meet directly:
Sustainability dimension of progress agenda
Environmental quality of life