Green Growth ‘Tigers’ Can Help The Global Economy To Roar Once More

Green Growth ‘Tigers’ Can Help The Global Economy To Roar Once More

As a growing number of experts highlight how a push for "green growth" can help the global economy recover from the coronavirus pandemic, now, for the first time, economists have ranked the current green production capabilities of different countries and looked at which countries are likely to be leaders in green growth in the decades to come.. "Our analysis sheds light on which countries are likely to be the green growth tigers of the 21st century".. Economists have shown that countries that export more complex products tend to experience faster growth," the report said.. The report added, some countries with high GDP, particularly those with large fossil fuel sectors such as Australia, Norway and the United Arab Emirates, showed low GCI, indicating low current levels of investment in green production and the possibility that these countries might struggle to switch to green products in future.. The researchers also set out a roadmap for countries to re-orient their economies towards new green export opportunities by identifying green products that require similar production capabilities to countries' current exports.. I write about the intersection of business and the environment and the vital importance of environmental, social and governance (ESG) issues to businesses and