Foreword

The GREEN Action Task Force (previously the EaP Task Force) has been a unique platform for interested OECD countries and development co-operation partners to work with the countries of Eastern Europe, Caucasus and Central Asia (EECCA). Together, they develop policies that improve environmental quality and social well-being, while creating opportunities for strong economic growth and decent jobs in the EECCA region.

The GREEN Action Task Force has been dedicated to promoting greening of the economy and environmental sustainability in the EECCA countries. It has also been a platform for dialogue by all interested parties, such as national governments, bilateral and multilateral development partners, think tanks and civil society organisations (CSOs). The platform has also mobilised result-oriented financial and technical support to the region, which responded to policy priorities set by each EECCA country.

Traditionally, environment ministries from the EECCA countries have been the main partners in the Task Force. Since 2016, representatives of ministries of economy, finance, agriculture and energy have been increasingly and more systematically engaged in Task Force work. Several projects were implemented specifically with the ministries of economy with the participation of economic research institutions and think tanks.

Several activities have also been carried out in co-operation with development partners and development finance institutions. These have aimed to promote the enabling environment for green and low-carbon investment. The Task Force has also been a place where non-governmental partners, such as CSOs and the private sector, could express their views and take part in projects.

In this context, this report was prepared as the OECD contribution to the ninth “Environment for Europe” (EfE) Conference (5-7 October 2022). This report aims to:

  • take stock of progress on policy developments towards green economy transition in the EECCA countries

  • showcase selected contributions from the Green Action Task Force that integrate environmental and climate considerations into development pathways of the EECCA countries, and mobilise finance for action

  • provide an outlook for the future, including priority actions that the Task Force in co-operation with the EECCA countries should take to enhance the momentum for green economy transition in the region.

This report consists of the following chapters:

  • Progress on the green economy transition in EECCA and future prospects for the Task Force

  • Recent socio-economic and environmental trends towards sustainable development in EECCA

  • Progress on mainstreaming green economy in national strategies and plans in EECCA

  • Promoting a green economy transition in EECCA

  • A focus on finance for green growth in EECCA.

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