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Green Growth Indicators 2014

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The OECD Green Growth Strategy supports countries in fostering economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which well-being relies. Policies that promote green growth need to be founded on a good understanding of the determinants of green growth and need to be supported with appropriate indicators to monitor progress and gauge results.

This book updates the 2011 Towards Green Growth: Monitoring progress. It presents the OECD framework for monitoring progress towards green growth and a selection of updated indicators that illustrate the progress that OECD countries have made since the 1990s.

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The OECD green growth measurement framework and indicators

The OECD measurement framework organises the indicators along four areas that capture the main features of green growth: ? Environmental and resource productivity, to capture the need for efficient use of natural capital and to capture aspects of production which are rarely quantified in economic models and accounting frameworks. ? Economic and environmental assets, because sustained growth requires the asset base to be maintained and because a declining asset base presents risks to future growth. Particular attention is given to natural assets. ? Environmental quality of life, to capture how environmental conditions and amenities interact with people’s lives. ? Economic opportunities and policy responses, to help discern the effectiveness of policy in delivering green growth. Indicators describing the socio-economic context and the characteristics of growth complete the picture. A few headline indicators have been selected to facilitate communication with policy makers, the media and citizens. To improve the indicators, countries, the OECD and other international organisations work together to develop the statistical basis and put in place environmental accounts in accordance with the SEEA.

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