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Paul Martin to receive award for Green GDP vision

Wednesday, October 26th 2011 1:20:23pm

Media Advisory

Toronto, ON -- The Right Honourable Paul Martin will be honoured by Corporate Knights, the Canadian magazine for clean capitalism, as a recipient of the Corporate Knights Award of Distinction for his visionary leadership to open the way for Canada’s abundant natural capital wealth to be included in our core economic measurements. The award will be presented at a luncheon in Toronto Thursday afternoon. Mr Martin will be introduced by former World Bank President, James Wolfensohn.

Eleven years ago, then finance Minister Paul Martin commissioned the National Roundtable on the Environment and the Economy to develop environmental and sustainable development indicators in collaboration with Statistics Canada.  In his presentation to Parliament at the time, he noted that “as we move to more fully integrate economic and environmental policy, we must come to grips with the fact that the current means of measuring progress are inadequate.” He went on to say that “in the years ahead, these environmental indicators could well have a greater impact on public policy than any other single measure we might introduce.” Mr. Martin’s early clarion call for natural capital wealth to be integrated into the core economic indicators used by policymakers is viewed as a fundamental precondition for sustainable development, as you can’t manage what you don’t measure. Following in Mr. Martin’s footsteps, over 20 countries including China, India, and Norway are now set down a path to integrating natural capital wealth into their gross domestic products.

What: Corporate Knights Award of Distinction presented to Right Honourable Paul Martin at a luncheon in Toronto.

Who: Right Honourable Paul Martin
     James Wolfensohn, Former World Bank President

When:  October 27, 12 p.m. - 2 p.m.

Where: The Ballroom at the Park Hyatt, 4 Avenue Road, Toronto, Ontario

To RSVP or for further information: Toby A.A. Heaps, Corporate Knights, 416-274-1432, toby@corporateknights.ca

More information at http://www.corporateknights.ca/greengdp


Corporate Knights: Founded in 2002, Corporate Knights Inc. is an independent Canadian-based media and financial products company focused on promoting and reinforcing sustainable development.