OECD’s Copenhagen Green Growth Study Recommends “Radical” Green Innovation
December 2012: The Organisation for Economic Co-operation and Development (OECD) has published an analysis of Greater Copenhagen, Denmark, on measuring the potential of local green growth. The analysis makes ten recommendations aimed at stimulating green innovation and competitiveness, and financing innovation and developing “knowledge intensive green activities.”
The analysis looks at the city as it transitions towards a low-carbon future, and highlights lessons relevant to other cities undergoing similar efforts. The study focuses on: Copenhagen's Clean-tech cluster; Green Jobs Pathways; and Greater Copenhagen's "Dashboard" for a transition to a low-carbon economy.
The study highlights a novel "green growth indicator" framework, developed through OECD's green growth strategy at the national level and adapted to address local area transition issues. The indicator visualization tool (dashboard) is also a new concept, the report notes, aimed at facilitating simplified assessment of localized progress in a number of indicator variables.
Recommendations include: enhancing capacity for green jobs, skills and business; accelerating knowledge and technology diffusion in partnership with Danish agencies and knowledge institutions; developing more “radical” green innovation, taking advantages of the established clean-tech cluster; attracting more foreign direct investment and facilitating financing for innovation; enhancing local and international collaboration among companies and improving cross-sectoral linkages; developing a bottom-up governance structure to facilitate investment opportunities for clean-tech companies; developing a “people driven” investment agenda; designing specific, knowledge-intensive green activities for the clean-tech cluster; facilitating education, research and exchange programmes through the International Clean-tech Network (ICN); and continuing work on the local indicator framework and on data collection methodologies.
This study is a part of a series of working papers from the OECD Local Economic and Employment Development (LEED) Programme. [Publication: Measuring the Potential of Local Green Growth: An Analysis of Greater Copenhagen]