Poverty Environment Partnership on Climate and the Green Economy
Members of the Poverty Environment Partnership (PEP) such as Mr Quatrini of the GM maintain that many current environmental degradation patterns are the result of scanty acknowledgement of the economic role ecosystems play in transactions.
This is why Day 3 of the 15th meeting of the PEP on the theme of climate and environmental mainstreaming is devoted to the Green Economy as a way of accelerating progress in achieving the Millennium development Goals (MDGs).
Participants will discus what a green economy really is, how different countries and stakeholders can approach it, how progress can be measured and what the implications for development assistance are. In this context, the GM will speak on the value of land and the cost of land degradation, based on work it is spearheading in conjunction with a consortium of research institutions including the Stockholm Environment Institute (SEI), the Overseas Development Institute (ODI) and CAB International, and research organizations from the South, and will present its methodological approach and preliminary findings from its country level analyses.
The Poverty Environment Partnership (PEP) is an informal forum of non-governmental organizations, international organizations, bilateral institutions, and developing country representatives who work on the poverty-environment nexus and who come together every year to share experiences and showcase progress. PEP 15 is being jointly organized by the UK’s Department for International Development (DFID), the Organization for Economic Cooperation and Development (OECD); the United Nations and the World Bank, in partnership with the Government of Malawi.
More information on the outcomes of the meeting will be posted here.
For more information:
Mr Simone Quatrini, Coordinator, Policy & Investment Analysis
Tel. +39 06 5459 2154
“When exploitation of natural resources goes beyond the natural caring capacity of ecosystems, it inevitably leads to deterioration patterns that in the long run may lead to negative externalities both in terms of the deterioration of ecosystems and in terms of the living conditions of those who depend of such ecosystems,” said Mr Simone Quatrini of the Global Mechanism (GM), “The economic and social costs of drawing on natural resources must be factored into such equations”.