11.07.2018 · Category: Bhutan Thailand Vietnam

HLPF 2018 Side Event: Green Economy and its Transformative Impacts Towards Sustainable Development in all its Dimensions

The world’s natural resources have been depleted and deteriorated as a result of human activities including
unsustainable consumption and production patterns. Globalization, population growth, and rapid urbanization have led to, among others, the problems of air pollution, contamination of water and soil, and wastes management. If these problems are not addressed properly, they will pose serious negative impacts on the environment, the ecosystem, and the well-being of the people, undermining our efforts to achieve sustainable development goals (SDGs). 

Nonetheless, we have witnessed signs of change and innovation in these areas in the recent years. Among them is the decoupling of economic growth from environmental degradation in order to ensure sustainable consumption and production (SCP) while improving the quality of life. In many parts of the world, pursuing these objectives through formulation of policies at both local and national levels has helped promote transformative evolution towards sustainable and resilient cities, societies, and environment. Actions on green economy and sustainable consumption and production must therefore be enhanced and strengthened at all levels so as to contribute to our ongoing efforts in realizing SDGs and the 2030 Agenda for Sustainable Development. Considering the increasing urbanization and associated use of resources, cities and communities around the world have important role to play in delivering sustainability.

This side event will be an opportunity to share experiences and best practices in transforming SDG-related policies into actions on the ground, particularly SDG 6, 7, 11, 12, 13, 14, 15 and 17, with a view to achieve sustainable development in economic, social and environmental dimensions. Progress has been made in implementing SDGs at all levels through multi-stakeholder involvement, including public-private partnership, among others, in sharing knowledge, and promoting investment and innovations, creating enabling conditions for sustainable development including through the use of SDGs tools and instruments.
Countries such as Thailand, Vietnam and Bhutan have continuously been working to implement SDGs and green economy policies in an integrated approach to promote sustainable development by looking at how various sectors from both upstream and downstream activities are related to each other. The EU and its SWITCH-Asia program as well as UNEP have also been playing an important role in supporting regional coordination and national actions on enabling conditions for SCP.