GGKP Expert Working Groups
The Natural Capital Accounting for Development Finance Working Group aims to support the mainstreaming of natural capital in African development finance through the application of NCA data and methods.
Given the critical role that natural capital stocks and ecosystem services play in maintaining biodiversity and enabling green economic growth, mainstreaming natural capital in national development planning will be key to achieving the Sustainable Development Goals by 2030. The GGKP Natural Capital Expert Group explores state-of-the-art methods, models, data and tools for mainstreaming natural capital in national green growth policies and practices. The Expert Group leverages global momentum for green growth in order to better value, protect and enhance natural capital in national economic decision making.
While important progress has been made in measuring green growth opportunities, knowledge gaps remain. Ultimately, the Metrics and Indicators Working Group aims to fill these gaps in order to catalyse new research for policy change by examining existing data and methodologies for quantifying green growth opportunities.
An enduring concern for both developed and developing countries is the balance between environmental policy and the international competitiveness of both nations and individual firms. The Trade and Competitiveness Working Group examines the effects of green growth policies on the patterns and volume of trade, on national and firm competitiveness, and on employment.
The Technology and Innovation Working Group, which was run from 2013-2016, explored the relationship between technology and behavioural change, ways to foster green creativity and entrepreneurship, barriers to the diffusion and adaptation of green technologies in developing countries and policy instruments for promoting green innovation and technology diffusion.
The Fiscal Instruments Working Group, which was run from 2013-2016, examined the challenges and opportunities associated with reforming environmentally perverse fiscal measures and provided policy guidance on the effective design and implementation of fiscal instruments for the green economy transition.
Inclusive green growth is essential to meet the development needs of the world’s poor, while ensuring environmental sustainability and improving social welfare. The Inclusiveness Working Group explores the distributional consequences of implementing green growth strategies, as well as their impact on employment, gender and income.
Green growth is supported through legal and regulatory reforms that strengthen governance systems and human rights, encourage economic growth and equity, and promote the environmental rule of law. The GGKP Green Growth and the Law Working Group, which was active from 2015-2017, assessed knowledge and data gaps around environmental enforcement and compliance.
Behavioural economics examines how social, cognitive and emotional factors influence the economic decisions of citizens, firms and institutions. The GGKP Behavioural Insights Working Group met regularly between 2015-2017 to explore the state of knowledge and research gaps in applying behavioural economics and related sciences to the promotion of green growth.