Economic growth can complement environmental conservation

©Romeo Gacad/AFP Photo

For many years one of the predominant conventional wisdoms in both business and policymaking circles was that cutting greenhouse gas (GHG) emissions necessitates a sacrifice in economic growth. We now know, through the experiences of both developed and developing countries, that economic growth can complement environmental conservation and transitioning to a low-carbon economy can go hand-in-hand with increased access to economic opportunity and higher levels of well-being. 

I believe we can look to the experience of my own country, Indonesia, as an example of how, through wise policymaking and enough political will, countries can tackle both the challenges of climate change and inclusive economic development.

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©OECD Yearbook 2015

See also:

2015 OECD Yearbook

2015 OECD Forum




Economic data

GDP growth: +0.5% Q2 2019 year-on-year
Consumer price inflation: 1.6% September 2019 annual
Trade: -1.9% exp, -0.9% imp, Q2 2019
Unemployment: 5.2% September 2019
Last update: 18 November 2019

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