22 May 2012: The World Business Council for Sustainable Development (WBCSD) has published a report titled “Changing Pace,” which offers public policy recommendations for achieving the elements of the pathway to a sustainable world identified in its Vision 2050, and for accelerating progress toward inclusive and sustainable growth.

The report is an invitation to governments, civil society and business leaders to consider how to shape policy solutions and pathways to a “sustainable 2050.” It proposes the “Green Growth Policy Accelerator,” which contains seven categories of policy action that can create a dynamic and achievable policy framework. It then applies these seven categories to the nine elements for achieving a sustainable world, laid out in the WBCSD’s Vision 2050.

The seven categories of action that constitute the “Green Growth Policy Accelerator” are: set clear goals; communicate these goals and educate the public to foster understanding and commitment to pursue sustainability objectives; standardize using performance standards, emission or usage limits, and codes of conduct; budget through fiscal reforms to put a price on scarce natural resources and negative externalities; invest for efficient infrastructures, technology developments, and green public procurements that mobilize private capital for green growth; monitor progress using appropriate indicators that compensate for the limitations of Gross Domestic Product (GDP); and coordinate governance that is predictable, coherent and has longevity. [Publication: Changing Pace]