SG’s High‐Level Panel on Global Sustainability, 2012
by: United Nations Secretary‐General’s High‐Level Panel on Global Sustainability
This report was prepared by the UN Secretary‐General’s High‐Level Panel on Global Sustainability as an input to the UN Conference on Sustainable Development 2012 (Rio+20). The 22‐member Panel, established by the Secretary‐General in August 2010 to formulate a new blueprint for sustainable development and low‐carbon prosperity, was co‐chaired by Finnish President Tarja Halonen and South African President Jacob Zuma. The Panel's final report contains 56 recommendations to put sustainable development into practice and to mainstream it into economic policy as quickly as possible.
Whilst not specifically targeting green growth, the report does include a section on ‘moving towards a sustainable economy’ in which it outlines policy actions to shift towards green growth, including:
• Incorporating social and environmental costs in regulating and pricing of goods and services,as well as addressing market failures.
• Creating an incentive road map that increasingly values long‐term sustainable development in investment and financial transactions.
• Increasing finance for sustainable development, including public and private funding and partnerships to mobilize large volumes of new financing.
• Expanding how we measure progress in sustainable development by creating a sustainable development index or set of indicators.