Green Economy Roadmap

The ICC Green Economy Roadmap

This first ICC Green Economy Roadmap – containing contributions from experts from around the globe brought together in a two year process – is widely read by business, policy and other stakeholder groups worldwide, both within and outside ICC’s international membership.

Ten conditions for a transition towards a “green economy”

The Roadmap represents a comprehensive and multidisciplinary effort to clarify and frame the concept of “green economy” and promote a more common understanding.It highlights the essential role of business in bringing solutions to common global challenges and sets out 10 conditions needed for a “green economy” in which “economic growth and environmental responsibility work together in a mutually reinforcing fashion while supporting progress on social development.” Among these conditions are:

• Social, environmental and economic innovation: a green economy is one that is embedded in global markets and balance sheets, and which drives innovation in private and public finance.
• Collaboration between all sectors of society, business and government.
• Integrated governance: intra-policy and intra-industry coordination and governance at all levels. Policies that advance economic growth while enhancing environmental protection and social progress, and that are consistent with international trade rules, provide access to finance, promote technology transfer, strengthen capacity and reduces inequality.
• Balancing short- and long-term strategies: a green economy needs to reconcile the need for short and medium-term pressures/profits with longer-term shared value.
• Multilateralism: multilateral approaches across countries and sectors are indispensable in today’s globally connected world.

We welcome continuous feedback on the Roadmap so that we can collectively build it as a platform for future action and collaboration.