On 15 June in Bangkok, PAGE convened two sessions, including an introduction Green Economy Modelling, as part of the Asia Pacific workshop on Capacity Building on ‘Strengthening evidence-based Sustainable Consumption and Production (SCP) policies for economic and social transformation’. The workshop was jointly led by the One Planet Network and GO4SDGs, and collaborated on by the International Resource Panel and PAGE.
16 June 2023
PAGE Green Team expert, Dr. Zhou Xin, presented the Integrated Green Economy Modelling (IGEM) Framework and explained how it is a global tool created by PAGE to stimulate economic transformation. She highlighted how the strength of IGEM lies in the combination of three types of economic models: SD model (a model based on the feedback of environmental and social sectors), the CGE model (which handles details across economic sectors), and the IO-SAM model (which covers economy, society, and environment). The IGEM delivers a better understanding of various policies and impact simulations to help policymakers in their decision-making on green economy plans and strategies.
The two discussions organized by PAGE introduced attendees to a macro-approach to a fair and green economic transformation and promoting a just transition through the circular economy. It was also a platform for the exchange of PAGE countries’ experiences on how to address the triple planetary crisis of climate, nature and pollution.
PAGE India, PAGE Indonesia and PAGE Thailand, led by government focal points and coordinators, shared their experiences implementing green economic acceleration. They highlighted the intention to implement circular economy, low carbon policies and bio-circular-green economic strategies, among other objectives.
PAGE also conducted group exercises and discussions on two main aspects: firstly, the obstacles and policy solutions to bring economy in the region more circular and, secondly, the main drivers for consumption and production in the region to assist economic and social development more sustainable. These exercises were successful and led to a fruitful discussion.
The Partnership for Action on Green Economy (PAGE) has grown into a prominent alliance of five UN agencies, funding partners, and 22 partner countries that work together to transform economies into drivers of sustainability by supporting nations and regions in reframing economic policies and practices around sustainability.