P4G – A Green Growth Engine for the SDGs

Green growth and sustainable development is the only pathway that will sustain business, people and the planet and achieve the UN Sustainable Development Goals and the Paris Agreement on climate change.

The potential is huge. Moving down this pathway could create at least $12 trillion worth of business in food and agriculture; in cities and urban mobility; in energy and materials; and in health and wellbeing1. It could create 380 million decent jobs by 2030, with almost 90 percent in developing countries.

Green growth and sustainable development have gained momentum and entered the mainstream of political reform and business strategy. However, the pace and scale of change need to accelerate. Fulfilling the promise of achieving the sustainable development goals requires engagement, responsibility, resources and accountability from governments, businesses, investors, civil society, cities and academia. And not least a stronger commitment to partnerships at all levels and by all actors. Partnerships that bring together public and private sector actors to scale innovation and create a race to the top by changing market regulations, investing in innovative solutions that become feasible and by improving transparency and accountability.

Introducing P4G - Partnering for Green Growth and the Global Goals 2030

FP4G is an action oriented global green growth engine following up on SDG 17 on multi-stakeholder partnerships. It is powering breakthrough partnerships with government, business and community leaders to speed up the delivery on the commitments of the Paris Agreement on climate change and on the UN Sustainable Development Goals.

P4G will also invest resources to enable the P4G public-private partnerships to emerge and thrive.

Focus areas

P4G will target developing and emerging economies that account for a substantial part of future economic growth.

P4G will focus on some crucial areas of system change in key economic systems where opportunities and impacts are greatest: energy, water, land-use and agriculture, cities and the circular economy.

Who is behind P4G

Frontrunner countries including Chile, Denmark, Ethiopia, Kenya, Korea, Mexico and Vietnam, have taken the lead to gather an alliance of nations, private companies and international organisations with a shared commitment to deliver on the UN Sustainable Development Goals through partnerships. With an inclusive approach, the alliance will engage across borders and sectors to create an economy that works for all. The partner countries will establish independent platforms to coordinate national interests in the P4G and ensure that partnerships deliver results at scale.

How P4G Works

P4G builds on three core elements:

  • Breakthrough Partnerships: The P4G will nurture and propel innovative, cross-sector breakthrough public-private partnerships for impact. P4G will test and showcase the most innovative and promising partnership solutions that can deliver on the SDGs and support them in increasing their impact. P4G will also explore new avenues for collaboration by identifying key barriers and opportunities and incubating early stage partnerships. P4G will track these partnerships and showcase them at high level, biennial summits and ongoing communications for more impact through engagement with sub-national, national and international public and private leaders.
  • Inspiring Summits: Biennial summits hosted by partner countries at high level will raise the profile of green growth in targeted areas and of transformative partnerships. It will offer inspiration to others to accelerate and scale sustainable and green growth, and be forum to exchange and develop new innovative ideas with potential for impact.
  • Evidence and Accountability: The P4G will build the knowledge base needed to advance the green economic transition. A regular publication of “State of the Art” report coinciding with the P4G Summits will highlight successful P4G partnerships and document new solutions with potential providing the economic evidence to spur private investments and trigger new cross-sector collaboration.
Partnerships at the heart of P4G

P4G will focus on partnerships between public and private actors that enable accelerated transition of markets towards the SDGs. P4G will work with partnerships that combine the knowledge, resources, skills and competencies of different partners to address intractable challenges that markets and government action on their own have not been able to solve.

Examples of partnerships

P4G partnerships will respond to a well-defined green growth challenge in a way designed to reach scale. Examples of partnerships could include:

  • Food security - not least due to climate change - is a growing problem in developing as well as emerging economies. One idea is to form a partnership that can take theory into practice and create a platform for developing new sustainable solutions to increase yield and output from agriculture. Studies have shown that the same land can produce more feed, food and energy - and thereby reduce greenhouse gas emissions - if new bio-solutions are applied. The partnership could engage with local academia, farmer organizations and authorities to support the development of a more effective and sustainable agricultural sector. The partnership addresses SDG 2, SDG 13 and SDG 17.
  • The report 'Better Business - Better World' documents increasing demand for sustainable and affordable housing in mega-cities in developing and emerging economies. An idea for a partnership could be to bring together city governments, planners, building owners and developers, water and energy service companies, suppliers of building materials, financiers and residents to design a new collaborative business models for future housing solutions. The keyword is livable cities. Within this partnership idea more relevant topics could be addressed. As for example health-related challenges or opportunities in promoting circular economy initiatives. The partnership addresses SDG 11, SDG 12 and SDG 17.
  • • About a third of urban water is wasted through water leakages in many cities around the world. Moreover, high energy consumption in the water sector is part of the challenge. Measures that will save energy can also reduce leakages. And it is possible to improve energy efficiency of water facilities while meeting the remaining energy demand with energy recovered from waste water, i.e. production of biogas from sludge. An idea for a partnership is to develop a solution reducing water leakages and grow low energy consumptions combined with a financing model of blended financing between public and private investments. The partnership addresses SDG 6, SDG 7, SDG 11 and SDG 17.