The green economy is defined as economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus. The 2011 UNEP Green Economy Report argues “that to be green, an economy must not only be efficient, but also fair. Fairness implies recognizing global and country level equity dimensions, particularly in assuring a just transition to an economy that is low-carbon, resource efficient, and socially inclusive.”

PDS Green Economy Advisory Services consist of policy advice, technical assistance and capacity building that are provided to governments in support of their national and regional initiatives to transform and revitalize their economies.

The advisory services include:

• Fostering multi-stakeholder dialogue and consultation on green economy;
• Delivering comprehensive Green Economy Assessments that identify key opportunities and options for a green economy transition at country level;
• Assisting country in creating Indicators and Measurement Frameworks;
• Identifying and facilitating Policy and Fiscal Instruments that enable and encourage investments in high potential green sectors, while assisting the “greening” of other sectors;
• Supporting Centers of Excellence, enhancing local knowledge and building capacity; and
• Mainstreaming green economy into national development strategies.