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Home BUSINESSIndicators identified to boost green growth
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Fri, 06 May, 2016 12:02:03 AM
FTimes Report, May 6
 
A study has specified 19 key indicators for green growth and 30 background indicators to assist their interpretation that will help boost green growth, according a press release of the Government Communications Department.
 
Most of the indicators describe necessary regional- and business-level changes in addition to national-level changes, says the final report of the VireAvain project published on May 3.
 
The indicators can be used to identify and concretise change requirements, to support decision-making and implementation of decisions and to assess changes made.
 
The key indicators, selected in broad consultation with stakeholders, were grouped into three thematic entities, which outline the key issues of green growth.
 
The issues are low-carbon economy and resource efficiency, combating climate change, a sustainable energy economy and efficient use of materials; ecosystem services, sustainable use of commodities provided by nature and environmental quality and economic opportunities and instruments—the economic opportunities provided by green growth and resource efficiency as well as the measures and instruments to fulfill them .
 
The study was conducted by the Finnish Environment Institute, the Natural Resources Institute Finland, Ramboll Oy, the University of Oulu, Statistics Finland and Motiva as part of the Government’s 2014 plan for analysis, assessment and research.
 
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