Why green growth?

A new paradigm is needed to ensure that countries take better advantage of the large potential benefits that can accompany the move towards greener economies. Countries still do not take full account of the costs of inaction on environmental challenges such as climate change, air and water pollution and inefficient use of energy and resources. Such costs of inaction can be considerable, especially for developing countries whose economies rely more heavily on natural resources and where climate change is expected to hit hardest.