General Assembly - UN Documents

A/CONF.216/PC/7
ministries, for integrated policy formulation, coordination, implementation and
review;
(c) Develop innovative financing mechanisms and strengthen delivery
mechanisms as part of the institutional framework for sustainable development.
There is a strong argument that funding mechanisms should be responsive to the
relevant multilateral agreements and policy processes.
IV. The way forward
116. Looking to the United Nations Conference on Sustainable Development, in
2012, and considering the two themes in relation to the Conference objective, the
following messages emerge from the preceding analysis.
117. First, a green economy in the context of sustainable development and poverty
eradication is an approach to economic decision-making that will need to be built
from the bottom up, responding to national and local priorities and challenges.
118. Secondly, and following from the first point, green economy in the context of
sustainable development and poverty eradication is broader than simply low-carbon
growth. The social dimension and poverty eradication remain paramount for most
developing countries.
119. Thirdly, both developed and developing countries are already experimenting
with green growth strategies, including low-carbon growth strategies, though their
efforts do not yet add up to a level of ambition equal to the global challenges. A
growing number of Governments see such strategies as essential to the long-term
dynamism of their economies.
120. Fourthly, countries are nevertheless concerned about the near-term transition
costs from the loss of competitiveness, worsening terms of trade, economic
dislocations and unemployment. Targeted domestic measures such as worker
retraining, backed by international support such as aid for trade, can assist with
minimizing transition costs.
121. Fifthly, and more generally, strengthened international cooperation will be
crucial to addressing ongoing and emerging sustainable development challenges in
an ever more interdependent world.
122. Sixthly, international institutions, including the United Nations system, should
support countries that choose to strengthen national green economy efforts and help
them to align those efforts with poverty eradication and other national priorities.
This will include knowledge-sharing on effective policy and institutional design,
institutional capacity-building, technology-sharing and innovative financing for a
green economy transition.
123. Seventhly, insufficient progress has been made in integrating sustainable
development into policymaking and implementation at all levels. Member States
should have an active role in providing political guidance to the United Nations
system for overcoming the institutional fragmentation and lack of integration of the
three pillars of sustainable development.
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