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Energy

image of Energy

The OECD Green Growth Strategy aims to provide concrete recommendations and measurement tools, including indicators, to support countries’ efforts to achieve economic growth and development, while ensuring that natural assets continue to provide the resources and environmental services on which well-being relies. The strategy proposes a flexible policy framework that can be tailored to different country circumstances and stages of development. This report was coordinated with the International Energy Agency (IEA).

This report looks at the role of the energy sector in moving towards a green growth model and the policies to facilitate the transition.  Together with innovation,  going green can be a long-term driver for economic growth, through, for example, investing in renewable energy and improved efficiency in the use of energy and materials. 

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Transforming the energy sector to sustain growth

Energy is a fundamental input to economic activity; however a major transformation is required in the way we produce, deliver and consume energy. The current energy system is largely dependent on fossil fuels, which negatively impact air quality, and contribute significantly to carbon emissions.

Global demand for energy is rapidly increasing, arising from population and economic growth, especially in emerging market economies, which will account for 90% of energy demand growth to 2035.

There is currently a window of opportunity to undertake transformational change in the energy supply sector to meet economic and environmental objectives, as there is a need to replace aging plants and add new capacity, especially in emerging economies, to meet growing electricity demand.

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