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

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...that indicators are useful to reduce the number of measurements and parameters that would normally be required to give an exact presentation of a situation. This simplifies the communication of the measurement results.

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

Indicators used in policy-making establish baseline definitions, targets and benchmarks that allow national and international comparison. They are also used to monitor and report on performance, which contributes to raising awareness.

The OECD framework for monitoring progress towards green growth explores four inter-related groups of indicators describing:

the characteristics of growth that can be used to interpret GGIs in the light of national socio-economic circumstances.

The environmental and resource productivity of the economy.

Under these four headings, 25 to 30 indicators were identified on the basis of OECD work and experience.

The sustainability of economic and environmental assets.

The environmental dimension of quality of life.

A small sub-set of indicators, known as headline indicators, has been identified to facilitate communication with policy makers, the media and citizens.

The economic opportunities and policy responses.

The four groups are complemented by indicators that describe the socio-economic context and

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Environmental and resource productivity

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Economic opportunities and policy responses

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The proposed indicator set is neither exhaustive nor final, and has been kept flexible so that countries can adapt it to different national contexts.

The natural asset base

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The environmental dimension of quality of life

Indicators that describe the socioeconomic context and the characteristics of growth complete the picture.

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