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Green Economy Coalition Annual Global Meeting 2020

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Development Alternatives

B-32 Tara Crescent

New Delhi, Delhi 110016

India

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“Local Green Enterprises” - Building a Stake of Micro Enterprises in India’s Transition to an Inclusive Green Economy

About this Event

Who we are, and where we’ve come from?

In 2009, seeing that the ‘brown’ economic system was failing their constituencies – poor people, workers, nature – a group of civil society organisation saw a chance to shape a new agenda. Greener economies offered a pathway for communities to take ownership of local natural resources; for poorer nations to leapfrog old industrial pathways and develop cleaner energy systems better suited to rural economies; for societies to generate new sustainable industries and decent jobs. The GEC was formed to shape and promote that agenda. Our mission? To champion inclusion, equity and environmental limits. To do that, our understanding of a green economy evolved beyond a single definition to include a set of key actions:

  • Measuring and governing: Supporting institutions to re-define progress so that they can meet the opportunities and risks of the future.
  • Reforming financial systems to ensure they are fit for the demands of the 21st century. That means green monetary policy; carbon pricing and taxation and revising the mandates of the major finance institutions.
  • Greening economic sectors so that food, transport, energy and infrastructure are ready for the future and built to last. That means sector transition plans; binding carbon budgets; and support for small businesses to generate the solutions.
  • Tackling inequality: Fairer economies are more resilient and they have a smaller environmental impact. That means progressive welfare systems and taxation, shared ownership models and reskilling workforces for a just transition.
  • Valuing nature to ensure it is visible in national statistics, financial statements and can show decision makers their dependency on maintaining a healthy planet. That means natural and social capital accounting.

Why do we come together every year?

The overall objective of the Global Meet is to build a platform for civil society, small businesses to engage with green economy policy making in India and other parts of the world, with a focus on finance, markets and governance needed for helping MSMEs in countries such as India transition towards a Green Economy.

What are we going to do this year?

Our focus this year is on ensuring that local green businesses get a stake in the transition to a green economy. The Global Meet reflects on the progress and lessons from seven national/regional GEC hubs in the global south which are collaborating on a join initiative on Creating enabling policy conditions for the transformation towards an inclusive green economy, which is being funded by the European Union.

Who all will be present?

The meeting will bring together representatives of business, finance, NGOs and citizen’s groups from India and around the world.

The meeting will be attended by members of the GEC, including the seven GEC regional/ national hubs (Caribbean, India, Mongolia, Peru, Senegal, South Africa, and Uganda).

Highlights from the Global Meeting in 2019

For the 2019 GEC Global Meeting focused on how everyone can get a stake in the transition to a new, greener economic system. It gathered 130+ participants from over 30 civil society, small businesses, academia, government and international organisations.

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Date and Time

Location

Development Alternatives

B-32 Tara Crescent

New Delhi, Delhi 110016

India

View Map

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