Malar Velze M
Economics
March 2022
The world is currently confronted with two major challenges: a rapidly growing global population and the resulting increased pressure on the environment, both of which should be avoided as soon as possible, chiefly by proper internalisation of external effects. Green economy refers to a system in which economic growth and environmental responsibility are mutually reinforcing while also promoting social development. The green economy is defined by a significant increase in investment in sectors of the economy that creates and reinforces the Earth’s natural capital or contributes to the reduction of ecological inadequacies and environmental dangers. Renewable energy, low-emission transportation, energy-efficient buildings, clean technologies, waste management improvement, sustainable agriculture and forest management, and sustainable fishing are among these areas. The primary goal of this study is to discuss the green economy and sustainable development concepts. We also examine obstacles, as well as the Green Economy Vision towards Sustainable Development and Promoting the Green Economy as a New Path to Sustainable Development.
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© Airo Journals 2021
