Green Economy in the Greater Mekong
In the spotlight: Third Green Economy Green Growth Forum
But rapid development is depleting the region’s natural resources and degrading its landscapes, waters and biodiversity, leading to a loss of natural capital. As a result, the people of the Greater Mekong risk losing the many benefits that healthy ecosystems bring.
WWF’s Regional Green Economy Initiative
Everyone understands that it makes financial sense to invest your money wisely, rather than spending it all at once. Similarly, careful stewardship of natural capital brings long-term economic, social and environmental benefits that far outweigh the short-term financial gains from unsustainable exploitation.
Shifting to a green economy that recognizes the value of nature is crucial for millions of people in the Greater Mekong, now and in the future. To enable this, WWF is launching a green economy initiative that will expand incentives for people, governments and businesses to maintain, enrich and restore the region’s natural capital.
Green economies for a better future
- Safeguards natural capital and recognizes its role in creating economic value
- Is low carbon, resource efficient, and socially inclusive
- Promotes equity and human well-being by providing, among other things, access to clean water, food and energy.
- Natural capital as the foundation of sustainable development
- Improved and more efficient management of the region’s interconnected ecological systems
- Incentives to invest in building, restoring and protecting the region’s natural capital and ecological productivity.
Our goalOur green economy strategy aims to spur a transformation in the way natural resources are managed across the region.
Our goals include:
• By 2020, decision-making maintains, enhances and rebuilds natural capital throughout the region.
• By 2015, at least three major decisions about land use and infrastructure affecting our priority landscapes maintain and ideally enhance natural capital.
Making green economies the “new normal”To accelerate the shift toward green economies in the region, WWF is working with the six Greater Mekong countries (Cambodia, China, Laos, Myanmar, Thailand and Vietnam) to:
• Develop strong policy and regulatory frameworks that enable sustainable natural capital management at all scales
• Build resilience to climate change by maintaining the region’s biologically diverse ecosystems.
WHAT IS A GREEN ECONOMY?
A green economy is one where:
• Natural capital is maintained and restored
• Renewable energy and low-carbon technologies replace fossil fuels
• Resources and energy are used as efficiently as possible
• Urban living is more sustainable
• People use low-carbon forms of transport
• Nature’s resources and benefits are shared more fairly.