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Green Economy Transformation in Cooperation with the Partnership for Action on Green Economy (PAGE) – Synergies between Low-carbon Pathways and Sustainable Development Goals (SDG)

As of: March 2021

Green Economy approaches promote a competitive, environmentally friendly and socially responsible economy through sustainable agriculture, for example, renewable energies and green fiscal policies. Such approaches can contribute significantly to the coherent implementation of NDCs and SDGs. To achieve these goals, the project strengthens the competence of key actors in public institutions, enabling them to use these approaches. To this end, dialogue structures are being supported and existing transformation approaches strengthened at the international level and in the partner countries. The project complements the Partnership for Action on Green Economy (PAGE) and links national efforts with global policy networks. It also supports the Federal German Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) in its adoption of a strong role in the multilateral and bilateral Inclusive Green Economy (IGE) discussions and in positioning Germany as a pioneer and a partner.
Predecessor project(s)
Enhancing low-carbon development by greening the economy: policy dialogue, advisory services, tracking progress Enhancing low-carbon development by greening the economy in cooperation with the Partnership for Action on Green Economy (PAGE)

State of implementation/results

  • The project has supported both the German Federal Environment Ministry (BMU) and PAGE with the preparation and rollout of various events, including the third PAGE Ministerial Conference in South Africa in January 2019.
  • Argentina, Peru, Uruguay and South Africa are driving forward na-tional IGE approaches in a step by step process. In Uruguay, a series of workshops empowered public sector officials to pursue specific projects or measures and anchor IGE within their organisations. In South Africa, the project is supporting a work stream on green bonds together with PEA. Thanks to established networks and plat-forms, such as the Green Growth Knowledge Platform (GGKP), partner countries are able to share their experiences worldwide.
  • The partnership between UNEP, the International Monetary Fund (IMF) and GIZ within the Green Fiscal Policy Network (GFPN) strengthens the international exchange of knowledge and experience on green fiscal policies. GFPN has been expanded to include new partners such as UNDP, the Organization for Economic Cooperation and Development (OECD), the World Bank’s Climate Action Peer Exchange (CAPE) programme and the Economic Commission for Latin America and the Caribbean (UN ECLAC). At international conferences, the network has helped the international debate to embrace environmental taxes and the reduction of environmentally harmful subsidies as an important source of climate finance. Since 2019, the project has been advising the finance ministries of Costa Rica and Indonesia on the implementation of green fiscal approaches.
  • The project supports exchanges between international institutions in the field of an inclusive green economy, playing a significant role in forming the Partners for Inclusive Green Economy. By enabling stakeholders to pool their resources more effectively, this partnership aims to accelerate economic transformation in countries and regions. To this end, the partners presented a joint position paper in July 2019 offering guidance for an ongoing structural transition. In June 2020, a document detailing the priorities for green measures to support the recovery of the economy after COVID-19 was published.
  • The project is also working with GGKP on several webinars – the first webinar on an inclusive green economy was held in May 2019 with about 150 participants. A webinar on fossil fuel subsidies was sub-sequently organised. Moreover, the project supported the GGKP webinar series on ‘Sustainability after COVID-19’. In this context, the webinar ‘Fiscal Policies to Green the Recovery’ was organised in cooperation with the Green Fiscal Policy Network.

Further Links

Project data

Argentina, Costa Rica, Indonesia, Peru, South Africa, Uruguay

Implementing organisation:
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Political partner(s):
  • Department of Environment, Forestry and Fisheries (DEFF) - South Africa
  • Ministry of Environment (MINAM) - Peru
  • Ministry of Environment and Energy (MINAE) - Costa Rica
  • Ministry of Environment and Sustainable Development - Argentina*
  • Ministry of Finance - Indonesia
  • Ministry of Housing and Territorial Planning (MVOT) - Uruguay

Implementing partner(s):
  • International Monetary Fund (IMF)
  • The Organisation for Economic Co-operation and Development (OECD)
  • United Nations Environment Programme (UN Environment) - Kenya

BMU grant:
6.000.000,00 €

01/2018  till  07/2021


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