Indicators of green growth

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Helen Mulligan
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Ghent biofuel plant.jpg

The opening of the BioBase Europe plant in the port area of Ghent, attended by the President of the Benelux Union. This is a pilot plant to demonstrate technologies for converting biomass to industrial chemicals and liquid fuel.

New economic opportunities are springing up for companies that offer energy efficient products, low-carbon services, and other contributions to the green economy. Local and national governments are keen to attract these future-oriented businesses and many have put in place policies to support them. But how to measure success?

International agencies and funding institutions are also keen to develop metrics that indicate whether investment is both well directed and profitable. The Organisation for Economic Co-operation and Development (OECD) has commissioned CAR to contribute to important new work on the design of indicators for green growth.

Case studies within the Benelux region include the cross-border initiative Bio Base Europe, which includes a cleantech training centre at Terneuzen in the Netherlands, and a pilot plant for the production of bio-based industrial products at Ghent in Belgium.

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