Green Economy Event and Green Industrial Policy Report Preview in Berlin

11 September 2017, Berlin, Germany - The compatibility of economic development and environmental protection and the need for structural change were discussed at a Green Economy event  of the German Development Institute (DIE), the German Development Cooperation (GIZ) and PAGE. The panel discussion served to introduce the initial findings of a PAGE publication entitled “Green Industrial Policy: concept, policies, country experiences” and to engage into a debate on how the prosperity of countries can be enhanced within planetary boundaries.

After an opening speech by Stephan Contius from the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), Dr. Tilman Altenburg, (DIE) and Claudia Assmann (UN Environment) presented the main findings of a joint report on Green Industrial Policy which will be published later this year. The report links industrial policy, which aims at initiating structural changes for higher productivity and eventually greater prosperity, with ecological sustainability and gives an overview of the current state of research in the field of Green Industrial Policy.

But how much economic growth is feasible with regards to its environmental impact and within the limitation of our global resources, and how can it be politically achieved? In front of more than 60 attendees, this topic was thoroughly debated in the subsequent panel discussion with Dr. Matthias Grossmann, Senior planner at GIZ, Prof. Karsten Neuhoff, Head of the Department of Climate Policy at the German Institute for Economic Research (DIW), and Barbara Unmüßig, President of the German Heinrich-Böll-Stiftung, a green political foundation. It was agreed that to achieve a fair and even level of prosperity on a global scale, bold life-style changes, especially in developed countries such as Germany, seem inevitable. For developing countries, a green pathway can be a chance to avoid a lock-in into carbon and resource-intensive infrastructure and ensure sustained development in the future.