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ARTICLE · 11 MAY 2011

The Green World Economy

Siskinds LLP
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Achim Steiner, executive director of the UN Environment Program, told the Economic Club yesterday that the Green Economy is already moving quickly worldwide, and is the best bet for a better future.

CanadaEnvironment
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Achim Steiner, executive director of the UN Environment Program, told the Economic Club yesterday that the Green Economy is already moving quickly worldwide, and is the best bet for a better future. The question for Canada is: will we be one of the winners, or one of the losers of this great transition? UNEP's fascinating report: Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication, shows that, over the medium and longer term, a green economy grows faster, creates more jobs and preserves natural capital. It is better to live in for everyone, especially the poor. Even in the short term, countries that spent their stimulus funding on green initiatives recovered from the 2008 financial collapse better than those, like Canada, that did not. And economies that become less dependant on oil will be hurt less as oil prices rise.

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