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Measuring the transformation of the economy: green growth indicators - Policy Perspectives 2016

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OECD: Measuring the transformation of the economy - green growth Indicators

The OECD green growth measurement framework and indicators Measuring progress towards green growth, analysing the sources of green growth and identifying relevant indicators for decision-makers and the wider public is essential for assessing green growth policies. The OECD has supported global efforts to promote and monitor green growth, and facilitates the exchange of experience and good practice on developing indicators and applying a coherent and consistent green growth measurement framework. In this context, the OECD developed a conceptual measurement framework

(Figure 1) that combines the main features of green growth with the basic principles of accounting and the pressure-state-response (PSR) model1 used in environmental reporting and assessment. Indicators in this framework can also be used to monitor progress towards the United Nations Sustainable Development Goals (SDGs), for instance for Goal 6: Ensure availability and sustainable management of water and sanitation for all and Goal 12 Ensure sustainable consumption and production patterns.

Figure 1: OECD conceptual measurement framework for green growth E CO NO MIC AC T I V I T I ES : P R O D U C T I O N , CONSU M PT ION, T R ADE inputs

outputs

PRODUCTION

CONSUMPTION

POLICIES measures, opportunities

4 labour

taxes subsidies

income + Recycling re-use, remanufacturing, substitution

capital

1

INVESTMENTS goods & services

resources

energy and raw materials

3

residuals

pollution and waste

regulations

investment innovation

amenities, health

water, land, biomass, air

education, training, jobs, trade

sink functions

2 resource functions

NATURAL ASSET BASE

service functions

Note: The OECD conceptual measurement framework for green growth starts with the consumption, production and trade facets of the economy, then dwells upon the natural asset base on which the economy relies, and on the policy responses and economic opportunities generated.

Source: OECD (2014), http://doi.org/4f6. The PSR model is based on the concept of causality: human activities exert pressures on the environment and change its quality and quantity of natural resources (state). Society responds to these changes through environmental, general economic and sectoral responses.

1

2


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