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Pacific High-level Policy Dialogue on “The Role of Macroeconomic Policy and Energy Security in supporting Sustainable Development in the Pacific” 8-9 October 2012, Nadi, Fiji Jointly organized by UN ESCAP and Sustainable Development Working Group of the Council of Regional Organizations in the Pacific (CROP) Opening Session Presentation Green Economy in a Blue World by Iosefa Maiava Head, ESCAP Pacific Office, Fiji October 2012 The views expressed in the paper are those of the author(s) and should not necessarily be considered as reflecting the views or carrying the endorsement of the United Nations. This paper has been issued without formal editing. Supporting Sustainable Development in the Pacific High-level policy dialogue, 8 October 2012 Pursuing green economic policies for the inclusive and sustainable management and development of the Pacific Ocean and of Pacific island countries. “The future we want” reinforced the global commitment towards balancing the economic, social and environmental pillars of sustainable development. The Pacific faces signification challenges, especially with respect to poverty alleviation and environmental sustainability Limited economic growth Index of real GDP growth There are 2,600,000 or a fifth of the total Pacific islands population living in poverty. Climate change (and natural disasters) is the single greatest threat facing the Pacific. Green economy in the Pacific is a blue economy Some of the most productive and diverse marine ecosystems ecosystems on earth. But… Multi-benefits of the Coral Triangle Initiative and marine management areas Transition to a green economy, developing effective and wellcoordinated policy, institutional, regulatory and legal frameworks. Countries in the Pacific have committed to renewable energy targets. Green economy tools and policies have the potential to address some of the most pressing problems facing the Pacific— food security and non-communicable diseases. Investing in our Oceans our People and our Future.