Apr 2 2009
WWF International Director General James Leape and others have signed an open letter addressed to G-20 heads of state on behalf of an "international global coalition for a green economy” asking the group to pick an economic stimulus package that supports sustainable growth.
Signatories include top leaders from environment, development, business and labour groups, such as the International Union for Conservation of Nature and the Bellagio Forum for Sustainable Development.
“We urge you to ensure that the entirety of the G20 emergency package supports three goals: (1) building economic resilience; (2) social justice and distributional equity by promoting decent work for all; (3) protection and sustainable use of the environment,” Leape and others wrote in the letter.
The letter goes on to ask G-20 leaders “to allocate $750 billion of this stimulus package, which is around 1% of global GDP, to investments that will build an inclusive and green economy.”
Established in 1999, the Group of Twenty, known better as the G-20, is composed of finance ministers, political leaders and central bank governors and aims to bring together industrialized and developing economies to discuss key issues in the global economy, according to its website. Heads of state are currently meeting to participate in the G-20 in London.