Green Economy can take millions of people out of poverty, says report produced by UN and partnerships
A transition to green economy can emancipate millions out of poverty and change the livelihoods of about 1.3 billion people who earn only $ 1.25 per day.
However, strong political bases and investments of public and private sectors are necessary. These were the findings of the report " Building an Inclusive Green Economy for All”, launched on 14 June, in the United Nations Conference on Sustainable Development (Rio +20) by the Poverty and Environment Partnership (PEP, the acronym in English) - a network of bilateral support agencies, development banks, UN agencies and international NGOs.
"Many of the least developed countries and developing countries and communities are taking the opportunity to bring economy and ecology together to generate social transformational outcomes," said Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP).
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