The Poverty Environment Partnership (PEP) network presented the report “Building an Inclusive Green Economy for All” at Riocentro on Thursday, June 14. The PEP is composed by a network of bilateral support agencies, development banks, the UN and international NGOs.
One of the conclusions of the document is that the transition to a green economy could lift millions of people out of poverty and change the livelihoods of many of the 1.3 billion people that make only R$ 2,58 (USD 1,25) a day in the world.

Among the five critical points of the transition to an inclusive green economy is the change in the parameters to measure progress. Peter Hazlewood, Director of the World Resources Institute (WRI), affirms that GDP (Gross Domestic Product) needs to be replaced by a wider indicator of socio-economic progress that would consider the natural capital of each country.

To Kitty van der Heijden, the Netherlands’ Ambassador for Sustainable Development, the report unifies for the first time different worlds around the green economy subject. “Finally we have converged into something that makes sense to us all”, she said.

Mustapha Kawal from UNEP and Nick Nuttal, UNEP’s spokesperson, were also present at the report’s launch.

The report was prepared by the Asian Development Bank, AusAid Australia, Finland’s Ministry of Foreign Affairs, Germany’s International Cooperation Agency (known by the German abbreviation - GIZ), the International Institute for Environment and Development  (IIED), the National Union for Nature’s Conservation, the Organization for Economic Co-operation and Development (OECD), United Nations Development Programme, United Nations Environment Programme, the World Bank, the World Business Council for Sustainable Development and the World Resources Institute.

Read the full report.