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October 2017 - Issue 6
Featured event:  Global Green Growth Week 2017 
The Global Green Growth Institute (GGGI) is holding Global Green Growth Week 2017: Unlocking Africa's Green Growth Potential (GGGWeek2017) this week at the United Nations Conference Centre (UNCC) in Addis Ababa, Ethiopia. 

With over 250 global representatives in attendance, including high-level ministers, thought leaders, institutional investors and decision makers seeking to scale up green growth in Africa and around the world, GGGWeek2017 is an opportunity to network, learn, share, and catalyze creative solutions for transformational green growth.

Interactive sessions will highlight examples and best practices of global green growth interventions, policies, and strategies across diverse geographies and sectors. Sessions will  center on themes including sustainable resource management to help address water and food security challenges, green finance for bankable projects, transformational green growth initiatives and how to achieve Nationally Determined Contributions to the Paris Agreement and the Sustainable Development Goals.

If you are active on social media, share your experience or follow the action by using the  hashtag of the event:  #GGGW2017

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New Research
Green Credit for Green Transitions in Developing Countries
The Institute for Climate Economics (I4CE), the Agence Française de Développement (AFD), and the Inter-American Development Bank (IDB) have released the report "Using credit lines to foster green lending: opportunities and challenges". The report demonstrates how lines of credit and other financial instruments can support low-carbon climate-resilient transitions in developing countries, alongside broader policy interventions. It also provides an overview of  the different types of green credit lines currently used by major public institutions and market barriers to green lending.

Designing Climate Compatible Development Programmes 
The report "Working across scales - Learning from seven years of climate compatible development in Asia", published by the Climate and Development Knowledge Network (CDKN), the Leadership for Environment and Development (LEAD) Pakistan and Emerald Network Ltd., looks at ten climate compatible development initiatives in Asia and explores how programme design can serve as a pathway to scale, spotlighting the design principles that underpin effective, multi-scale implementation of climate compatible development. 
The Organisation for Economic Co-operation and Development (OECD) has published the report "Enhancing Water Use Efficiency in Korea: Policy Issues and Recommendations". This report assesses how economic policy instruments under the jurisdiction of the Korean Ministry of Land, Infrastructure and Transport can be adjusted to contribute to water policy objectives. It also looks at how the Smart Water Management Korea initiative combines information and communications technologies with water technologies to contribute to better water management in the country. 

Leveraging the Services Sector for Sustainable Development 
The paper "Leveraging the Services Sector for Inclusive Value Chains in Developing Countries", released by the International Centre for Trade and Sustainable Development (ICTSD), examines the role of services in global value chains at macro, meso and micro levels, and discusses how increased competitiveness in services can drive sustainable development in least developed and low income countries. The paper also presents a set of key conclusions and relevant policy messages. 

Special Rules for Small-scale Fisheries Subsidies
"Small-scale Fisheries and Subsidies Disciplines: Definitions, Catches, Revenues, and Subsidies", published by the International Center for Trade and Sustainable Development (ICTSD), examines how small-scale fisheries are identified in international instruments and academic literature and provides estimates of total catch, landed value, and subsidies that are generated and received by this sector. It also provides specific suggestions of how this socio-economically important sector could be distinguished in the context of subsidy rules in the World Trade Organization. 
Monitoring Fossil Fuel Subsidies in Europe
The report "Phase-out 2020: Monitoring Europe's fossil fuel subsidies", produced by the Overseas Development Institute and Climate Action Network (CAN) Europe,   shows that governments in Europe and the European Union (EU) continue to subsidise oil, gas and coal, despite commitments and pledges to phase out environmentally harmful subsidies by 2020. The report indicates that the transportation sector has been the main beneficiary, receiving 44 per cent of total European government support for fossil fuels. 
Phasing Out Fossil Fuel Subsidies in the G20: Progress, Challenges, and Ways Forward
The International Centre for Trade and Sustainable Development (ICTSD) has released the report "Phasing Out Fossil Fuel Subsidies in the G20: Progress, Challenges, and Ways Forward", which analyses both progress and challenges to implementing the G20's commitment to phasing out inefficient fossil fuel subsidies, and outlines policy options for G20 policymakers, such as drawing on international trade frameworks as a means to overcome implementation deadlocks.

The report "Climate finance in the Caribbean region's Small Island Developing States" (SIDS), published by the Stockholm Environment Institute (SEI), analyses climate finance flows to Caribbean SIDS, revealing patterns in the way climate finance is allocated and used in this region and providing a basis for deeper assessment of how climate finance is working for Caribbean SIDS. The report notes the need for further examination of how climate finance is working on the ground and the outcomes it is producing for Caribbean communities. 
 
New Best Practices
Green Growth in Cebu, Philippines
The OECD has published "Green Growth in Cebu, Philippines",  the fourth case study in the OECD Urban Green Growth in Dynamic Asia project. It explores policies and governance systems to promote green growth in Metro Cebu, Philippines, and provides recommendations for enhancing Cebu's green growth potential.

New Tools
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The "Integrated Green Economy Modelling (IGEM) Framework" report released by the Partnership for Action on Green Economy (PAGE) introduces the newly-developed IGEM framework, which aims to respond to country requests for tools to analyse the cross-sectoral as well as social and environmental impacts of green policies and investments. The report also presents country experience with application of the framework in Mexico.

The "Green Economy Progress (GEP) Measurement Framework" report released by the Partnership for Action on Green Economy (PAGE) introduces the newly-developed GEP Framework, a tool designed to enable countries to measure green economy progress over across a time period and conduct cross-country comparison of national efforts to transition to greener, more inclusive development paths. 

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