Green Economy
The green economy refers to an economic system that aims to promote sustainable development, environmental protection, and social inclusivity. This emphasizes the integration of environmental considerations into economic policies, practices, and investments to achieve a balance between economic growth, social well-being, and environmental stewardship. The concept of the green economy is based on the understanding that traditional economic activities can have adverse environmental impacts and that transitioning to more sustainable practices is essential for a better future.
Key features and principles of the green economy include Low-Carbon Energy: Fostering the adoption of renewable energy sources, energy efficiency measures, and clean technologies to reduce greenhouse gas emissions and combat climate change, Resource Efficiency, Biodiversity Conservation, Sustainable Agriculture, Green Infrastructure, Green Finance and Investment, Social Inclusivity, Green Innovation, and Research.
The green economy approach aims to create a more sustainable and equitable society, where economic growth is decoupled from environmental degradation. It seeks to provide solutions to pressing global challenges, such as climate change, pollution, resource depletion, and social inequality.