Green growth is the new revolutionary development paradigm that sustains economic growth while at the same time ensuring climatic and environmental sustainability. It focuses on addressing the root causes of these challenges while ensuring the creation of the necessary channels for resource distribution and access to basic commodities for the impoverished. Developing countries are the key to achieving global green growth in two major ways. Firstly, the potential economic and social impacts of environmental degradation are particularly important for developing countries. They face severe economic, social and ecological threats from energy, food and water insecurity and are the most vulnerable to climate change. They also tend to be more dependent than advanced economies on the exploitation of natural resources for economic growth. Given the centrality of natural assets in low-income countries, green growth policies can reduce vulnerability to environmental risks and increase the livelihood security of the poor. Secondly, although today most developing countries contribute only minor shares to global greenhouse gas (GHG) emissions compared to the OECD and major emerging economies, they will increase their emissions if they follow conventional economic growth patterns. Green growth strategies can help economies and societies become more resilient as they work to meet demands for food production, transport, housing, energy and water. Such strategies can help mitigate the impacts of adverse shocks by reducing the intensity of resource consumption and environmental impacts, while alleviating pressure on commodity prices. Green growth also offers competitive advantages to those countries that commit to economic policy innovations. The global market for green goods and services is vast and growing fast, offering countries the dual benefit of prosperity and job creation.