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On 25 May 2011, the OECD launched a "Green Growth Strategy" and proposed a "Green Growth Diagnostics" approach to identify the binding constraints on green growth. This paper discusses the potential use and usefulness of this approach as a means to identify those binding constraints. It is argued that the approach is best used at the meso level for industries and certain environmental challenges. The paper proposes a modified green growth diagnostics approach for eco-innovations at the meso level that can be useful for informing and organising a rational policy dialogue amongst all stakeholders.