Transition to a green economy: benefits, challenges and risks from a sustainable development perspective

This document responds to this mandate. It contains three papers. The first one, by José Antonio Ocampo, looks at the macroeconomic policy implications of the transition to the green economy. The second, by Aaron Cosbey, focuses on the interlinked issues of trade, investment and technology. The third, by Martin Khor, considers the risks that this concept generates for developing countries and the domestic and international policies necessary to promote the green economy in these countries according to the principles of sustainable development. This summary presents the major policy conclusions that emanate from these contributions.