Using Private Sector Development to Achieve a Green Recovery in the Context of the COVID-19 Pandemic

The COVID-19 crisis has had significant socio-economic ramifications. Green growth, far from being a hindrance to recovery, represents a cost-effective and responsible way to promote post-crisis stabilisation and recovery, consistent with the transformational changes needed to reduce environmental harm.

In this guidance paper, the DCED (through its Green Growth Working Group) sets out how green growth approaches in private sector development (PSD) programmes can contribute to this commitment. It provides 10 principles to consider in order to support stabilisation and economic recovery when designing and implementing PSD programmes. It complements work of other organisations, such as by the Partners for Inclusive Green Economy.