Lesson 12Why going green in business?
- Notion 77 - Save money in the long term
- Notion 78 - Consumers are environmentally aware and recognize green companies.
- Notion 79 - Going green can stimulate innovation
- Notion 80 - Sustainability helps the environment
- Notion 81 - European Green Deal 2019-2024
- Notion 82 - The 2030 Agenda for Sustainable Development
- Notion 83 - Green Growth Knowledge Partnership (GGKP)
- Notion 84 - Partnership for Action on Green Economy (PAGE)
- Notion 85 - Quiz
Notion 83
Green Growth Knowledge Partnership (GGKP)
Target skills
One of the fundamentals for achieving the SDGs is Green growth.
Green Growth
According to the OECD, green growth means fostering economic growth and development, while ensuring that natural assets continue to provide the resources and environmental services on which our well-being depends.
This term is quite new compared to sustainable development. However, it's not a substitute for the latter, but a practical approach to achieving specific, measurable progress on the economic and environmental pillars.
The infographic "Why Green Growth?" developed by the World Bank highlights the reasons, opportunities and measurement indicators for green growth:
https://thegoodmanager.eu/wordpress/wp-content/uploads/2022/09/WB-GREEN-GROWTH-INFOGRAPHIC.pdf
Many governments and businesses around the world have embraced green growth as an opportunity. However, there still remain challenges to adopt its policies on a large scale:
- broad collaboration and coordination among the world's leading institutions and experts,
- sharing and accessing the latest knowledge and data,
- and an engaged and motivated community.
To address these challenges, the Green Growth Knowledge Partnership was established in 2012.
What is The Green Growth Knowledge
Partnership (GGKP)?
It is a network composed of different experts and organizations who offer "policy, business, and finance communities with knowledge, guidance, data, and tools to transition to an inclusive green economy." They offer their resources by means of 3 platforms:
- Green Policy Platform
- Green Industry Platform
- Green Finance Platform
All these platforms offer tools, case studies and guidance, webinars and courses, among others, to SMEs and banks in order to help them become green. There are more than seventy-five organisations that collaborate in this partnership with the recognition on behalf of different governments who realized that going green is a potent way to incite economic development at the same time that we are protecting the natural resources on which the human well-being depends on.
Besides sharing the knowledge through the above mentioned platforms, they also facilitate engagement in knowledge and learning through the Green Forum. It is an interactive online community space for professionals to share and discuss insights related to sustainable economic change.
They take action regarding climate, nature, chemicals and pollution and it is a partnership that works together in order to achieve the previous 17 goals established by the 2030 agenda that we have looked at before.