Experts warn 'green growth' in high income countries is not happening, call for 'post-growth' climate policies
The emission reductions in the 11 high-income countries that have "decoupled" CO2 emissions from Gross Domestic Product (GDP) fall far short of the reductions that are necessary to limit global warming to 1.5°C or even just to "well below 2°C" and comply with international fairness principles, as required by the Paris Agreement, according to a paper published in The Lancet Planetary Health journal.
"There is nothing green about economic growth in high-income countries," says lead author of the study, Jefim Vogel, from the Sustainability Research Institute at the University of Leeds, UK.
"It is a recipe for climate breakdown and further climate injustice. Calling such highly insufficient emission reductions 'green growth' is misleading, it is essentially greenwashing. For growth to be legitimately considered 'green,' it must be consistent with the climate targets and fairness principles of the Paris Agreement—but high-income countries have not achieved anything close to this, and are highly unlikely to achieve it in the future."
"Continued economic growth in high-income countries is at odds with the twin goal of averting catastrophic climate breakdown and upholding fairness principles that protect development prospects in lower-income countries. In other words, further economic growth in high-income countries is harmful, dangerous, and unjust."
The study identified 11 high-income countries that achieved "absolute decoupling" (defined as decreasing CO2 emissions alongside increasing GDP) between 2013 and 2019, which were Australia, Austria, Belgium, Canada, Denmark, France, Germany, Luxembourg, the Netherlands, Sweden, and the United Kingdom.