At OECD Forum USCIB Spotlights Prerequisites for Green Investments

USCIB’s Norine Kennedy addresses the OECD green growth forum.
USCIB’s Norine Kennedy addresses the OECD green growth forum.

Norine Kennedy, USCIB’s vice president for energy, environment and strategic international engagement, took part in the OECD Green Growth and Sustainable Development Forum on December 5-6 in Paris. Representing the Business and Industry Advisory Committee to the OECD (BIAC), she spoke on a panel on “Unlocking Private Sector Investment in Green Growth.”

Kennedy highlighted the importance of providing enabling frameworks and policies that work in synergy with trade and investment rules. “Policies to green economic activity have to emphasize multilateral approaches, and function in globalized markets to enable business to deliver the full potential of innovation and economic prosperity,” she said.

The BIAC delegation also updated the forum on the International Business Green Economies Dialogue
(GED) initiative, indicating its ongoing work to provide business views and foster thoughtful discussion of how to design greener economic policy approaches into the UN Post 2015 Development Agenda and SDGs. GED Chair Brian Flannery led a discussion on supporting investment in clean energy infrastructure, in which both government and private sector speakers considered the synergies between public-private sector partnerships, overseas development assistance and regulatory and market signals. (Click here to see slides from Flannery’s presentation.)

The overarching theme of this year’s GGSD Forum is encouraging and leveraging private investment for green infrastructure and technologies, including innovation policies. BIAC has worked with the OECD Green Growth project since it’s inception, engaging on the broad range of themes that this horizontal program encompasses, such as green taxes, green jobs, green procurement and green technologies.”

Staff contact: Norine Kennedy

More on USCIB’s Environment Committee

Staff Contact:   Norine Kennedy

Senior VP, Policy and Global Strategy
Tel: 212.703.5052

Norine Kennedy promotes U.S. business participation in international environmental policy and management initiatives, and works closely with industry, government and NGOs to promote sustainable development and green growth. She also spearheads USCIB’s strategic international engagement initiative, which seeks to advance meaningful business participation and regulatory diplomacy in inter-governmental organizations.
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