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Tuesday, 22 March 2011

Developing countries fear being duped by green economy

As global rhetoric on the need to move towards green economy gains ground, developing countries fear that the new discourse could be used to justify unilateral trade protection measures, merely strengthening inequalities between rich and poor nations and hindering their development. A new report on the benefits, challenges and risks of the transition to a 'green economy' was presented last week to national delegations preparing for a major United Nations conference on sustainable development – the so-called 'Rio+20' summit – scheduled to take place in June 2012. […] But "concerns have been raised by developing countries' delegations that the green economy concept may be misused or taken out of context, and that the promotion of the green economy may give rise of unhelpful or negative developments, and these must be avoided," reads the new expert report. […] The first risk concerns defining 'green economy' or putting it into practice in a one-dimensional manner that considers it to be purely "environmental," without fully taking into account its development and equality dimensions, writes Khor. This would mean that the 'green economy' concept would supersede the more holistic sustainable development dimension, with a negative effect on developing countries, he notes. Another danger is a 'one-size-fits-all approach whereby all countries are treated in the same manner, regardless of their stage of development. However, developing countries should be given special treatment and extra flexibility to impose on them more lenient obligations regarding delivering the green economy, Khor stresses.

Source: Euractiv