Saturday, April 21, 2012

Green Economy: Nepal, Indonesia and Ghana

Country benefits from green economy
2012-04-20 - Nepal is among the countries with the highest ratio of decent jobs per million dollars of investment from green investments.

“Nepal, Indonesia and Ghana have the highest ratio of decent jobs per million dollars of investment with labour intensive economies benefiting from green investments,” said International Trade Union Confederation urging governments to drive investment of at least two per cent of gross domestic product (GDP) in the green economy in the wake of independent economic analysis forecasting the potential for the growth of green jobs.

The Millennium Institute green investment model shows how new investments of two per cent of GDP in each of the next five years in 12 countries could create up to 48 million new jobs. “Middle income economies including Brazil, Indonesia, South Africa, Bulgaria could create up to 19 million jobs over five years,” it said, adding that some 28 million jobs could be created in developed economies in Australia, Germany, Spain and the USA over five years.

For the first time, economists have used the number of jobs that can be directly created from investments as the key indicator to analyse the impact of green economy in 12 countries read more>>>


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