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As a part of ESCAP’s programme to promote the “Green Growth” approach to sustainable development it is developing indicators of the eco-efficiency (EEI) of economic growth. ESCAP organized an Expert Group Meeting on Developing Eco-Efficiency Indicators of Economic Growth from 30 to 31 January 2007 in Bangkok, Thailand as part of a project generously supported by the Government of Korea. More than 30 experts attended from research think tanks, NGOs, private sector, international, UN organizations and ministries of planning.
The ESCAP EEI is being developed to fill the gaps of other indicator initiatives related to sustainable development. Often other initiatives fail to establish linkages between the economic, environmental and social dimension of sustainable development. Furthermore, they often have little relevance for policy making. The ESCAP EEI is different. First, it is developing indicators that can measure how the environment is used for economic activity and how it is affected by economic activity needed to reduce persistent poverty in the region. Second, the indicators are more policy relevant than other indicator initiatives since they are being created in consultation with academics and policy makers from the region who have been using indicators to evaluate national and international policy making. This work will support analytical work and policy development on the “Green Growth” approach and enhance ESCAP’s capacity to assist countries in improving eco-efficiency of economic growth.
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