Initiatives: CCDP Low Carbon Growth Plan

 
Political leaders have come to realize the need for immediate and effective action on climate change. 

These leaders also have an obligation to promote economic development and improve the standard of living for their people.
Economic development is imperative for over 1 billion people worldwide estimated to be living on less than EUR 1 a day.  Developing countries are also the most vulnerable to the devastating effects of increasing global greenhouse gas emissions.

Developing countries face an unfortunate dilemma – environmentally sustainable growth is more costly. Common development strategies require less up-front investment, and cause significant carbon emissions – frequently from deforestation.  Despite the availability of climate-compatible, low-carbon growth methods, and their many social benefits, it is highly likely that these countries will choose to invest in less sustainable options.


Countries must find ways to incorporate climate mitigation and adaptation goals into their economic development plans to achieve a sustainable
low-carbon development strategy.

Sustainable development strategies do not fore-go growth.

We should now employ low-carbon growth plans to decarbonise economic activities. The Coalition for Rainforest Nations, with a select group of partners, is developing a plan for low-carbon growth using the following framework:


· 
Identify priority growth sectors. By reviewing historic economic growth and factors for future growth and identifying sectors with high economic potential.

·  Forecast economic development and emissions under a business-as-usual scenario to derive mitigation opportunities by setting emission baselines for all sectors based on analysis of key economic elements such as GDP and employment forecasts.

·  Assess the mitigation opportunities.  This measurement will assess the impact of mitigation on emissions and will include a cost and feasibility analysis. Socioeconomic impacts will also be considered for the most important sectors.

·  Develop a low-carbon growth plan.  A revision of sector strategies to reflect the impact of mitigation measures and low-carbon opportunities. Combined, these strategies can form a low-carbon growth plan.  The plan would also specify financing needs and sources.

·  Prepare the information.  Implementation starts from a platform of broad consultation across all institutions and civil society. To drive an economic shift, new or strengthened institutions are required. The plan needs to specify how ministries and other constituencies will work together to lead change.  Pilots may be necessary to determine the most suitable approach for new areas.
 

CfRN is committed to working with expert communities and in broad consultation with business, civil society and the public to ensure the success of integration of the plan into national, regional and sectoral growth strategies.