green growth: new momentum of economic growth in asia-pacific dr. li wentao apec study center of...

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Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23 September , 2011 San Francisco , USA

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Page 1: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Green Growth:

New Momentum of Economic Growth in Asia-Pacific

Dr. Li WentaoAPEC Study Center of China

2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE

22-23 September , 2011 San Francisco , USA

Page 2: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Background

What’s Green Growth?

Main Progress of APEC Cooperation

Challenges & Impediments

APEC Cooperation’s Impact on China

Conclusion

CONTENTS

Page 3: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Background

One Earth

One Family

Economic Development

and Growth Paradigm

Page 4: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Background

Natural Resource Wastage

Climate Change and Deterioration

Page 5: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Top Five Energy Consumers in APEC (2009)

( million Oil Equivalent ) Country 1989 2009 % of World % of World

U.S.A. 1958.1 2182.0 24.5 19.5

China 674.2 2177.0 8.4 19.5

Russia 875.6 635.3 10.9 5.7

Japan 410.9 463.9 5.1 4.2

Canada 255.7 319.2 3.2 2.86

APEC 4660.4 6853.2 58.2 61.4

World 8003.1 11164.3 100.0 100.0

Resource: BP Statistical Review of World Energy, June 2010.

Page 6: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Fossil Fuel Production share

of World (%)Consumption share

of World (%)Proven Reserves share

of World (%)

Coal 60 65.63 31.40

Oil 10 31.07 3.20

Natural gas 14.6 16.84 8.70

The Reserves, Production and Consumption of Fossil Fuel

in Asia- Pacific Region(2009)

Resource: BP Statistical Review of World Energy, June 2010.

Page 7: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Top Five CO2 Emission Countries in APEC (2009)

( million tons ) Country 1989 2009 % of World % of World

China 2440.8 7518.5 10.8 24.2

U.S.A. 5504.3 5941.9 24.4 19.1

Russia 2394.6 1535.3 10.6 4.9

Japan 1107.3 1222.1 4.9 3.9

Korea 228.3 663.3 1.01 2.13

APEC 13341.2 19923.1 59.2 64.0

World 22535.9 31129.9 100.0 100.0

Resource: BP Statistical Review of World Energy, June 2010.

Page 8: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Background

The U.K. -- to constitute the low carbon green economy as the

national development strategy; to implement “Green New Deal”

to create 100 thousand new jobs from August 2010

The U.S.A. -- to invest US$ 150 billion to develop clean energy

within 10 years in order to create 5 million new jobs

Japan -- to enlarge the market scale of “environment industry” to

100 trillion Yen, and let total employment reach to 2,200,000 by

2015

Page 9: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Background

The Republic of Korea -- to implement “the Green Vision of 21

Century” which stipulates the green growth as the axes of long-

term development strategy from 2008; to implement “the Law of

Low Carbon Green Growth” in 2010

China -- to put forward the concept of “green development” and

stipulate it as one of the core contents of “the Twelfth Five-Year

Plan for Economic and Social Development”

Malaysia -- to constitute the green growth as the fundamental

paradigm of the future economic development in “2020 Vision”

Page 10: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

What’s Green Growth To achieve environmentally sustainable economic

growth that focuses on reducing the increasing environmental pressure arising from economic growth, thus enabling economic growth to reduce the poverty of the current generation while maintaining the carrying capacity for future generations

---“Seoul Initiative on Green Growth ”, ESCAP , 2005.3

Page 11: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

What’s Green Growth?

To foster economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies.

---“Towards Green Growth”, OECD Ministerial Council Meeting, 2011.5

Page 12: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

What’s Green Growth?

To sustain economic growth while ensuring climatic and environmental sustainability, which focuses on addressing the root causes of these challenges while ensuring the creation of the necessary channels for resource distribution. New ideas, transformational innovations and state-of-the-art technology will become the major drivers for growth.

---“Green Growth in motion”, GGGI, 2011.5

Page 13: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

What’s Green Growth?

To improve human well-being and social equity, while

significantly reducing environmental risks and

ecological scarcities. It is low carbon, resource efficient

and socially inclusive.

--- “Green Economy Initiative ”, UNEP, 2011.8

Page 14: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

What’s Green Growth?

To realize economic growth meeting growing energy demands while minimizing negative environmental consequences. It can do so by facilitating the diffusion of clean energy technologies and systems. Adaptation to climate change impacts is also critical.

--- “The APEC Leaders' Growth Strategy” , APEC, 2010.9

Page 15: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

EconomicGrowth

Elements of Green Growth

Green Growth

Environment

Biodiversity Natural Resource

Protection

Page 16: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Main Progress of APEC Cooperation

Cooperation in Climate Change

Cooperation in EGS

Page 17: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in Climate Change

2007

-- Environmental protection and Climate Change firstly

became the core issues of APEC regional economic cooperation

-- “Sydney APEC Leader’s Declaration on Climate Change,

Energy Security and Clean Development”

-- Put forward the “Action Plan of Climate Change

Cooperation in Asia-Pacific”

Page 18: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in Climate Change

2008

-- Implement decisive and effective long term cooperation

under the UNFCCC, in accordance with the principle of common

but differentiated responsibilities and respective capabilities

-- Establish the Asia-Pacific Network for sustainable Forest

Management and Rehabilitation, and China commit to further

financial support for this initiative

Page 19: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in Climate Change

2009

-- Reiterate APEC 's concern on environmental issues, and

incorporate it into the APEC’s new growth strategy

-- Enforce the international cooperation to realize sustainable

growth through the transition to green economy

-- Efforts to address climate change are consistent with

international trade obligations and start the APEC Environmental

Goods and Services (EGS) Work Programme

Page 20: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in Climate Change

2010

-- Formulate the APEC Leaders' Growth Strategy which seeks

growth compatible with global efforts for protection of the environment and transition to green economies

-- Focus efforts in the following actions:

◆ Enhance energy security and promote energy-efficiency and low-carbon policies

◆ Develop a low-carbon energy sector

◆ Promote green jobs education and training 

◆ Promote private investment in green industries 

◆ Promote conservation and sustainable management of agriculture

and natural resources

Page 21: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in EGS

2009 -- Formulate “the APEC Environmental Goods and Services

(EGS) Work Programme”

-- Develop and implement a set of concrete actions to increase utilization and dissemination of EGS

-- Reduce existing barriers and refrain from introducing new barriers to trade and investment in EGS

-- Enhance capabilities of economies to develop their EGS sectors

-- Rationalize and phase out over the medium term fossil fuel subsidies

Page 22: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in EGS

2009 -- facilitate the diffusion of climate-friendly technologies,

including through ECOTECH and capacity building activities

-- advance work on sharing best practices in energy efficiency with a view to deploying cleaner and more efficient technologies, and implement the voluntary APEC Peer Review on Energy Efficiency

-- encourage publication on a regular basis, timely, accurate, and complete data on oil production, consumption, refining and stock levels as appropriate

Page 23: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Cooperation in EGS

2010

-- Implement the APEC EGS Work Program, including by

taking steps to address non-tariff barriers to environmental goods

-- Explore greater alignment of energy efficiency standards

-- Promote trade and investment in EGS

-- Facilitate the diffusion of climate friendly and other EGS

technologies

Page 24: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Challenges & Impediments

Reluctant to transfer advanced technology

by developed members

Uncertainty of world and regional

economic growth

Members’ divergence in Cooperative target

and foundation

Absent coordinating mechanism and

executive power

Page 25: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

APEC Cooperation’s Impact on China

Contribute to the transformation of Chinese economic growth model

energy saving and emission reduction pressure from international society

Relieve the technology and fund constraint in green growth

Domestic pressure on regulatory reform in environmental protection and IPR

Page 26: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Conclusion

Recognize the Necessity and Take Substantive Actions

Improve Technology Transfer and International R&D

Cooperation

Promote Mechanism Construction of Collaboration

Enlarge Official Development Assistance

Capacity Building and Best Practice

Page 27: Green Growth: New Momentum of Economic Growth in Asia-Pacific Dr. Li Wentao APEC Study Center of China 2011 APEC STUDY CENTERS CONSORTIUM CONFERENCE 22-23

Thank You!

Dr. Li Wentao

APEC Study Center of China

[email protected]