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    2nd Coalition Letter To G20

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    Green Economy Coalition
    In the 2nd open letter to the Heads of the G20, the GEC recognizes the commitments made after the first appeal but points to the gaps between government declarations and practice

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    2nd Coalition Letter To G20

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    Green Economy Coalition
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    In the 2nd open letter to the Heads of the G20, the GEC recognizes the commitments made after the first appeal but points to the gaps between government declarations and practice

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    2nd Coalition Letter to G20

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    In the 2nd open letter to the Heads of the G20, the GEC recognizes the commitments made after the first appeal but points to the gaps between government declarations and practice

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views2 pages

    2nd Coalition Letter To G20

    Uploaded by

    Green Economy Coalition
    In the 2nd open letter to the Heads of the G20, the GEC recognizes the commitments made after the first appeal but points to the gaps between government declarations and practice

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Letter from the Green Economy Coalition to 3rd G-20 Summit, Pittsburgh, Pennsylvania, U.S.

    A 24-25 September 2009


    1 The Green Economy Coalition acknowledges commitments made in the last G20 Leaders Statement, the G8 Declaration Responsible Leadership for a Sustainable Future and the OECD Declaration on Green Growth, which recognize the opportunities for tackling global financial, environmental and social crises together in transparent and accountable ways.

    In our letter to the G20 in April 2009 we urged governments to invest $750 billion of the $2.5 trillion stimulus package (about 1% of global GDP) towards building a green economy one that reduces carbon dependency, addresses poverty, generates good quality and decent jobs, maintains and restores our natural ecosystems, and moves towards sustainable consumption. We support the progress that has been made in stimulating a low carbon economy through investments in a range of initiatives such as improved rail transportation, water infrastructure, grid expansion and improved building efficiency. However, in many cases there remain large gaps between government declarations and practice. Many G20 members have not included sufficient green investments in their overall stimulus packages, and the effectiveness of the green stimulus risks being compromised by delays in the allocation of funds. At the end of the first half of 2009, only around 3% of committed green funds had been disbursed. Overall, the amount allocated to renewable energy falls short of the investment needed to reduce carbon emissions and to keep the rise in global average temperature under two degrees Celsius. Some incentives, such as subsidies to the production and consumption of fossil fuels, are working against efforts to build a sustainable future. Furthermore, while developing countries did not cause the economic and financial crisis, they have been severely affected by it. Development assistance to poor countries has fallen in real terms over the past decade, and millions more vulnerable people will be trapped in poverty this year because of the recession and the effects of climate change, undermining efforts to achieve the Millennium Development Goals. The global economy is rooted in the natural world. Healthy ecosystems provide essential goods and services to the economy such as freshwater, crop-pollination and the storage of carbon. Investing in the restoration and maintenance of our ecological infrastructure from forests and mangroves to wetlands and river basins is a cost effective way to counter climate change and climate-proof vulnerable economies. The Green Economy Coalition therefore calls upon the G20 to follow through on its commitments to accelerate the transition to the Green Economy, with urgent and decisive action to: (1) invest considerably more in clean energy and energy efficiency so as to reduce greenhouse gas emissions, to create new green jobs as well as a fair process of transforming traditional jobs into sustainable ones, and to generate secure and sustainable access to energy; (2) honour existing ODA commitments, and mobilize new funds for developing countries through innovative financial mechanisms, and ensure that all financial resources contribute to an inclusive and sustainable recovery in accordance with the priorities of developing countries; (3) support ongoing efforts to quantify and internalize ecosystem values, such as the G8+5 project The Economics of Ecosystems and Biodiversity (TEEB), and invest in large-scale forest carbon based mitigation measures (such as REDD-Plus) which can help combat climate change, reduce poverty, secure the flow of vital natural services such as freshwater, and conserve biodiversity. (4) encourage transparency, and secure a robust and visionary deal on climate change in Copenhagen later this year by integrating environment and development as well as business and labour issues to lay the st foundations for a prosperous, fair and green economy for the 21 Century.

    The Green Economy Coalition was founded in March 2009 in Switzerland and consists of members from the environment, development, business, labour and consumer sectors. It is hosted by IIED, with support from UNEP, WWF International and IUCN. The first Coalition letter was sent to the G20 Summit in London in March 2009.

    Ola Engelmark, Chair, Bellagio Forum for Sustainable Developmentl, and CEO Mistra Foundation John Evans, General Secretary of the Trade Union Advisory Committee to the OECD (TUAC) Mark Halle, Executive Director, IISD-Europe

    R. Andreas Kraemer, Director, Ecologic Institute

    James P. Leape, Director General, WWF International

    Ernst Ligteringen, Chief Executive of the Global Reporting Initiative (GRI)

    Joost Martens, Director General, Consumers International (CI)

    Julia Marton-Lefvre, Director General, International Union for Conservation of Nature (IUCN)

    Professor Alastair McIntosh, Centre for Human Ecology, Scotland

    Guy Ryder, General Secretary of The International Trade Union Confederation (ITUC)

    Pavan Sukhdev, Study Leader: The Economics of Ecosystems and Biodiversity (TEEB), & Project Leader: Green Economy Initiative, United Nations Environment Programme (UNEP)

    Camilla Toulmin, Director, International Institute for Environment and Development (IIED)

    Jan-Olaf Willums, Chair, Inspire Foundation for Business and Society

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