• 10-DEC-2010

PwC Reveals that G20 Green Growth Race Is On

PricewaterhouseCoopers HQ, London
According to new analysis by PwC, Brazil and India have an early head start in what could be a green growth race between G20 nations. The PwC Low Carbon Economy Index analyses the G20 against a low carbon economy model, combining both GDP and emissions growth rates. The analysis assessed G20 achievements to date in reducing their carbon intensity levels - the ratio of emissions to GDP - since 2000, and the individual nations' distance to go to meet their carbon reduction targets to 2050. Brazil stood out as a good performer, being the closest to the 2050 low carbon economy goal although challenges around deforestation and land use remain. India is leading for a different reason: the country has low carbon emissions level per capita relative to other emerging economies, and comes out relatively well when comparing carbon intensity across countries.