Measuring the green economy – New indicator tool launched

Measuring-Progress.eu, an interactive online tool for constructing stronger green economy indicators, launches to support policymakers, reports the Green Economy Coalition’s Chris Hopkins.

Measuring economic progress is hard at the best of times, but when you add sustainability into the mix the range of measurement options can be bewildering and confusing. As every policy maker and researcher knows, GDP alone can only take you so far. But choosing the right alternative indicator (or mix of indicators) from the many available is both essential and difficult.

Fortunately, the Measuring-Progress team’s new open-access, searchable web tool hopes to provide a solution to help policy makers, businesses and researchers measure the strength of green economies. Through www.measuring-progress.eu, users can quickly identify the set of green indicators most relevant to them, as well as understanding their strengths and weaknesses through data availability and quality statistics.

The tool is designed to be suited to users with different backgrounds and knowledge of green economy, and allows several ways of engaging with it’s extensive green indicator database. Users can find indicators via key words (e.g. environmental taxes, eco-innovation, climate change negotiations), through a selection of green economy topics, or by a free-text search. Experienced researchers will also appreciate the extensive indicator database and the ability to explore detailed cross-comparisons and analyse contrasting green metrics in depth.

With effective green measurement so important to the success of the SDGs, Measuring-Progress.eu is an essential tool for the implementation and assessment of sustainability policies, and a step in the right direction for effective measurement of green economies across the globe.

Please visit http://www.measuring-progress.eu/ for more information on the Measuring-Progress tool.


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