Green growth

Concept of economic growth that is environmentally sustainable

Green growth is an economic growth model that aims to achieve sustainable development by promoting environmentally friendly practices and technologies. It seeks to balance economic expansion with the preservation of natural resources and the reduction of environmental impacts.

Overview[edit | edit source]

Green growth is based on the idea that economic growth and environmental sustainability are not mutually exclusive. By investing in renewable energy, energy efficiency, and sustainable agriculture, economies can grow while reducing their carbon footprint and conserving biodiversity.

Key Principles[edit | edit source]

Resource Efficiency: Utilizing resources more efficiently to reduce waste and minimize environmental impact.
Low-Carbon Development: Transitioning to low-carbon energy sources to mitigate climate change.
Social Inclusion: Ensuring that the benefits of green growth are shared equitably across society.
Innovation and Technology: Encouraging the development and adoption of new technologies that support sustainable practices.

Benefits[edit | edit source]

Green growth offers several benefits, including:

Economic Resilience: By diversifying energy sources and reducing dependency on fossil fuels, economies can become more resilient to external shocks.
Job Creation: The green economy can create new jobs in sectors such as renewable energy, public transportation, and waste management.
Improved Public Health: Reducing pollution and environmental degradation can lead to better health outcomes for communities.

Challenges[edit | edit source]

Despite its benefits, green growth faces several challenges:

Initial Costs: Transitioning to green technologies can require significant upfront investment.
Policy and Regulation: Effective policies and regulations are needed to support green growth initiatives.
Market Barriers: Existing market structures may favor traditional, less sustainable practices.

Global Initiatives[edit | edit source]

Several international organizations and agreements support green growth, including:

The United Nations Framework Convention on Climate Change (UNFCCC)
The Paris Agreement
The Sustainable Development Goals (SDGs)

References[edit | edit source]

External Links[edit | edit source]

[Green Growth Knowledge Platform](https://www.greengrowthknowledge.org/)
[OECD Green Growth and Sustainable Development Forum](https://www.oecd.org/greengrowth/)

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Consumption	Anthropization Anti-consumerism Circular economy Earth Overshoot Day Ecological footprint Ethical Green Micro-sustainability Over-consumption Product stewardship Simple living Social return on investment Steady-state economy Sustainability Advertising Brand Marketing myopia Sustainable Consumer behaviour Market Systemic change resistance Tragedy of the commons
World population	Birth control Demographic transition Family planning Control Sustainable population Women's education and empowerment
Technology	Appropriate Digital sustainability Ecotechnology Environmental technology Environmental design High-performance buildings Natural building Superinsulation Sustainability science Sustainable architecture Sustainable design Sustainable design standards Sustainable flooring Sustainable industries Sustainable lighting Sustainable packaging Sustainable transport
Biodiversity	Biosecurity Biosphere Conservation biology Endangered species Holocene extinction Invasive species
Energy	Carbon footprint Climate change mitigation Conservation Descent Efficiency Electrification Emissions trading Energy conservation Energy efficiency implementation Fossil fuel divestment Fossil-fuel phase-out Peak oil Poverty Rebound effect Renewable
Food	Civic agriculture Climate-smart agriculture Community-supported agriculture Cultured meat Forest gardening Foodscaping Local Permaculture Security Sustainable agriculture Sustainable diet Sustainable fishery Urban horticulture Vegetable box scheme
Water	Conservation Desertification Efficiency Footprint Reclaimed Sanitation Scarcity Security
Accountability	Corporate environmental responsibility Corporate social responsibility Environmental accounting Environmental full-cost accounting Environmental planning Sustainability Accounting Measurement Metrics and indices Reporting Standards and certification Sustainable yield
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Sustainable management	Environmental Fisheries Forest Humanistic capitalism Landscape Materials Natural resource Planetary Waste
Agreements and conferences	UN Conference on the Human Environment (Stockholm 1972) Brundtlandt Commission Report (1983) Our Common Future (1987) Earth Summit (1992) Rio Declaration on Environment and Development (1992) Agenda 21 (1992) Convention on Biological Diversity (1992) ICPD Programme of Action (1994) Lisbon Principles (1997) Kyoto Protocol (1997) Earth Charter (2000) UN Millennium Declaration (2000) Earth Summit 2002 (Rio+10, Johannesburg) UN Conference on Sustainable Development (Rio+20, 2012) Sustainable Development Goals (2015) Paris Agreement (2015) UN Ocean Conference (2017)
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