- Submitted by: Botswana
- Topic: Green economy in the context of sustainable development and poverty eradication
- Location: gaborone
- Date of completion:
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- This voluntary initiative came from Green economy policies, practices and initiatives
Botswana Excellence Strategy for Economic Diversification and Sustainable Growth
Description/achievement of initiativeBotswana Excellence - The Strategy for Economic Diversification and Sustainable Growth is aimed at addressing the primary challenge of Botswana, which is to diversify the economy to ensure that Batswana continue to enjoy the fruits of sustained economic growth post depletion of minerals, especially diamonds.
His Excellency the former President Festus Gontebanye Mogae established a Business and Economic Advisory Council (BEAC) in August 2005 to address this challenge.The work of the Council culminated in two documents: Botswana Excellence -- A Strategy for Economic Diversification and Sustainable Growth and the Action Plan. The Action Plan details projects aimed at driving implementation of the Economic Diversification and Sustainable Growth Strategy. The Action Plan and the Strategy were approved by Cabinet in December 2006 and November 2008 respectively.