The conference will address the political economy of green and low-carbon policy reforms, identify their distributional impacts, and explore inclusive solutions for households, workers, sectors and regions that may otherwise be hit hard by the transition to help them contribute to a greener future.

The Forum sessions will be developed around competitiveness, employment and distributional impacts of green policies. It will be held in conjunction with the Annual Conference of the Green Growth Knowledge Platform (GGKP), global partnership established by the OECD, Global Green Growth Institute (GGGI), UN Environment and the World Bank.

Background

While many countries are striving to advance on the green transition, political priorities have placed inequality, living standards and the fate of ‘left-behind’ communities at the top of the global agenda. While macro average figures point to a positive growth story of an innovative green future, averages mask the fact that there are pockets of society and regions that face real or perceived negative impacts on competitiveness, jobs and household budgets. Countries and regions need to proactively address such concerns and devise more socially inclusive solutions in order to accelerate the transition to a greener, low-carbon and circular economy. How can a well-managed green transition become a strong driver for job creation, competitiveness and more inclusiveness?

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