Green Economy Transformation and Decarbonization Pathways in the Context of Economic Recovery

The economic and social impacts of the COVID-19 pandemic threaten progress in addressing the climate crisis. In order to promote economic recovery and at the same time strengthen or at least sustain the momentum for decarbonisation, comprehensive policy approaches are needed that combine economic recovery, environmental and social transformation (so-called Inclusive Green Recovery). The Inclusive Green Economy (IGE) concept offers a blueprint for this. The project strengthens the relevant international partnerships and alliances to promote the Inclusive Green Economy (PAGE, GO4SDGs, GGKP, Green Fiscal Policy Network). It also supports the partner countries in the preparation and implementation of policy solutions for the transformation towards an inclusive green economy through targeted technical advice, learning formats and stakeholder consultations, among other things.

Project data

Countries: Argentina, Costa Rica, Indonesia, South Africa
IKI funding: 3,750,000.00 €
Duration: 03/2022 till 01/2025
Status: open
Implementing organisation: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Political Partner: Department of Forestry, Fisheries and the Environment (DFFE) - South Africa

Ministry of Economy - Argentina

Ministry of Environment and Energy (MINAE) - Costa Rica

Ministry of Environment and Forestry (KLHK) - Indonesia
Online: https://www.giz.de/en/worldwide/118544.html

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State of implementation/results

The project builds on alliances and partnerships established in the predecessor project “Green Economy Transformation in cooperation with the Partnership for Action on Green Economy (PAGE), GET 3.0“. To further establish Inclusive Green Economy (IGE) as a strategy for economic recovery, the project is promoting the implementation of national IGE approaches in the partner countries. Activities on sustainable infrastructure and green fiscal policy are supported by the implementation partner UNEP.
In Indonesia, the project collaborates with the Ministry of Environment and Forestry. The cooperation focuses on biodiversity and adaptation finance.
In South Africa, continuing the activities of the previous project, an informal and voluntary green economy multi-stakeholder group (government, academia, civil society, business, finance, international organizations) is supported to help breaking down silos by bringing together diverse skill sets and expertise. Additionally, the project concentrates on circular economy finance, including activities such as analyzing (private) financing for circular economy business models, organizing national stakeholder sessions on circular economy practices in various sectors, and development of recommendations for improved integration of informal waste pickers in municipal waste management.
The cooperation with the Ministry of Planning and Economic Policy in Costa Rica focuses on identifying and developing instruments for sustainable infrastructure in public investments together with the implementing partner UNEP. Further project activities focus on identifying public circular economy finance mechanisms to support the implementation of the national circular economy strategy.
Our project activities in Argentina focus on promoting recycling in the industry sector and supporting the implementation of an Extended Producer Responsibility (EPR) system.

Latest Update:
12/2024