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Capacity4dev Team created a new Article 26 August 2013
At last year's Rio+20 sustainable development conference, Green Economy emerged as one of the two main issues, alongside strengthening the institutional framework for sustainable development. But how can we translate what has been referred to as the ‘rather abstract’ concept of Green Economy into concrete development cooperation activities and results? Achim Halpaap of the United Nations Institute for Training and Research (UNITAR) recently delivered the ‘Introduction To An Inclusive Green Economy’ training, and shares his ideas. 
If you have ever been to Honduras, you will know that it is one of the greenest countries in Central America. Forestry has had a long history there and continues to be an important source of energy for the impoverished rural population, as well as maintaining a biologically diverse ecosystem. Over 50 percent of the country is covered in forests, which are also home to indigenous peoples.
At the annual EU Forest Law Enforcement, Governance and Trade (FLEGT) week in Brussels, attendees discussed new agreements that could provide guarantees that timber entering the European Union is legally sourced, protecting environments and increasing revenues for many tropical region countries.
One of the great challenges of the Sustainable Development Goals will be finding ways of lifting populations out of poverty, which is often associated with increased consumption and production, while at the same time dealing with emissions and meeting environmental targets. The question is how to create economic value which also benefits society. Smart technologies, sustainable business models and circular economy solutions are already being developed, but experts say they need to be scaled up, and fast.
All too often, the countries in Africa that nature has endowed with the most economically valuable resources have also struggled with devastating instability and conflict: A paradox that the African Union and European Commission wish to see ended though strong emphasis on democratic accountability and capacity development.
DEVCO is supporting work at the intersection of environment, economy and business in its partner countries to avoid the polluting pathway of many industrialised countries and develop green businesses from the outset. It means working at many levels – training entrepreneurs, sharing best practices, effecting large-scale policy change and mobilizing investment.
The amount of investment needed in oil and gas or mining is set to climb, and the proportion destined for lower-income countries could significantly increase with the potential of lifting over 540 million people out of poverty before 2030, according to leading research group, McKinsey Global Institute.