home
> News
> Strengthening evidence-based SCP policies as a vehicle for economic and social transformation
August 24, 2023
Strengthening evidence-based SCP policies as a vehicle for economic and social transformation
Worldwide consumption and production—a driving force of the global economy—have been based on a linear economic model of “extraction, use and waste”; which continues to increase the demand for finite natural resources and create environmental impacts, leading us to the triple planetary crisis of “climate, nature and pollution”. Economic and social progress over the last century has been accompanied by environmental degradation that is endangering the very systems on which our future development—indeed, our very survival—depends.
Therefore, a new type of “economic transformation” is critical for sustainable development— eradicating poverty, changing unsustainable patterns of production and consumption, and protecting and managing the natural resource base of economic and social development.
Asia and the Pacific is becoming the largest market in the world with strong economic growth, driven by infrastructure development, increasing domestic private consumption and intraregional trade. The GDP of the Asia- Pacific region is currently $31 trillion by 2025, making it the largest economic region in the world(World Bank). However, this growth remains largely based on unsustainable patterns of consumption and production, exacerbating inequality and environmental degradation, and intensifying existing risks and vulnerabilities in a changing climate. The region plays a central role in global value chains, therefore improving resource efficiency rates, and mainstreaming opportunities for circular economy practices are critical.
Asia-Pacific countries have increasingly adopted policy measures designed to fulfil their climate pledges under the Paris Agreement. These policies range from air-quality regulations to renewable-energy subsidies, from vehicle emission standards to carbon-pricing mechanisms. Hence, analysing value chains for environmental impact hotspots is decisive to achieving pledges. Countries can identify hotspot sectors and value chains to tackle those generating more environmental damage while promoting competitive advantages in the integration of solutions for decarbonisation through multi-stakeholder collaboration and financing mechanisms.
However, based on an analysis from UNEP’s Policy and Programme Division, the uptake of SCP and their means of implementation is still not sufficient, as reflected in Common Country Analysis and UN Development Cooperation Frameworks. Therefore, it is important that UN Country Teams and Resident Coordinator Offices in Asia-Pacific and across regions have the capacity to promote SCP and circular economy policies through scientific evidence.
Hence, this regional workshop aims to enhance knowledge of SCP approaches and their contributions to the economic and social transformation to achieve the Sustainable Development Goals in the Asia Pacific. The workshop will facilitate knowledge exchange (South-South Cooperation) on SCP and circularity and green economy. This effort is jointly led by the One Planet Network and GO4SDGs, in collaboration with PAGE and the International Resource Panel.
Lear more at the One Planet Network Knowledge Center.
category : Topics