The Greening of Growth
The G-20 summit in Toronto is a chance for a long, hard look at how green investments are assisting economic recovery and job growth in many countries, while generating environmental gains as well, including on climate change. Leaders should re-affirm their recognition of the Green Economy’s power to create a fundamentally different development path for all countries.
Subscribe to Project Syndicate
Enjoy unlimited access to the ideas and opinions of the world’s leading thinkers, including long reads, book reviews, topical collections, short-form analysis and predictions, and exclusive interviews; every new issue of the PS Quarterly magazine (print and digital); the complete PS archive; and more. Subscribe now to PS Premium.
NAIROBI – The G-20 summit in Toronto offers an opportunity for a long, hard look at how green investments are assisting economic recovery and job growth in many countries, while generating environmental gains as well, including on climate change.
China, which channeled around one-third of its stimulus package into environmental sectors, has seen its GDP rise sharply, and employment in renewable energies such as solar has climbed to more than 1.5 million, with 300,000 workers added in 2009 alone.
Spain’s unemployment rate is high, but it would undoubtedly be higher without its policy to foster wind power and other clean-tech sectors, in which a half-million jobs have been created.
To continue reading, register now.
As a registered user, you can enjoy more PS content every month – for free.
Register
orSubscribe now for unlimited access to everything PS has to offer.
Already have an account? Log in