Green economy

The Green Economy, as it is understood in the 21st century, is an economic model designed to function in harmony with the environment, as opposed to against it. It actively seeks to reduce environmental risks and ecological scarcities while aiming for sustainable development. It also champions the notion of not only economic, but also social well-being. Central to this model are two guiding principles – reducing emissions and minimizing waste, while increasing efficiency in the use of resources. Thus, the Green Economy and Sustainable Development Goals (SDGs) set by the United Nations (UN) are inextricably linked, both attempting to create an integrated approach to solving environmental, societal, and economic challenges.

The 17 SDGs are aimed at eradicating poverty, fighting inequality, and addressing climate change, among others. Many of these goals are directly linked to the principles of the Green Economy. For example, SDG 7 advocates for affordable and clean energy, which echoes the Green Economy's push for the efficient use of resources and lower emissions. Similarly, SDG 12, which is about responsible consumption and production, corresponds to the Green Economy's focus on minimizing waste and resource efficiency.

The Green Economy acts as a driving force to achieve these SDGs by fostering economic growth and job creation, through sustainable and environmentally-friendly practices. By directing investments into sectors such as renewable energy, sustainable agriculture, and green construction, it helps not only in achieving SDGs related to climate action and responsible consumption but also those associated with poverty eradication, zero hunger, and decent work, to name a few. Through this holistic approach, the Green Economy ensures the synergistic attainment of SDGs, promoting an inclusive, resilient, and sustainable future for all.

The relationship between the Green Economy and the SDGs is a symbiotic one, where each feeds into and strengthens the other. The Green Economy offers a practical pathway to reach the SDGs, while the SDGs provide a comprehensive framework that gives direction to the Green Economy. It’s a sustainable match made in heaven, where the implementation of one enhances the achievement of the other, making them two sides of the same coin in the quest for global sustainability and a better future for all.


World Efficiency Solutions - La Galerie des Solutions, 9 December 2015

The Business Case for Carbon Neutral Cities session was hosted by UNEP and Sustainable Energy for All in collaboration with the Danish Ministry of Foreign Affairs, the Swedish Trade and Invest Council and Empower, the largest district cooling operator in the world. Held at La Galerie des Solutions (by World Efficiency Solutions), an exhibition of climate solutions, that took place during the COP21, in immediate proximity to the negotiations zone.
Linking to Goal 11, this report provides a collection of case studies from participants of the Global Compact Cities Programme.
Integration and interconnection are two key themes in this chapter, which primarily addresses goals 8 (decent work and economic development) and 13 (climate action) although has links to several others.
This article describes the key challenges and opportunities in modeling and optimization of biomass-to-bioenergy supply chains. It reviews the major energy pathways from terrestrial and aquatic biomass to bioenergy/biofuel products as well as power and heat with an emphasis on "drop-in" liquid hydrocarbon fuels. Key components of the bioenergy supply chains are then presented, along with a comprehensive overview and classification of the existing contributions on biofuel/bioenergy supply chain optimization.
Focused on a Green Future
Italy's leading petrochemical producer, Versalis has taken a fundamental shift in its strategy and direction, to renew its focus on innovation and green chemistry, providing opportunities for growth. This is the ICIS/Versalis supplement about green and bio-based chemicals and sustainabliity with videos embedded. Green chemistry fits in with SDG 9 Industry Innovation and SDG 7 Affordable Clean Energy.
Looking at how the Food and Agriculture Business Principles (FAB Principles) can advance Goal 2, Goal 12, Goal 14 and Goal 15

International Economics, Volume 134, August 2013

The economic crises seems blinding the governments and major economic actors toward environmental troubles. Nevertheless, the impacts of population growth and economic expansion have now the potential to disrupt important regulatory functions of global ecological systems. Green growth involves transforming the production and consumption processes in order to maintain or restore these regulatory functions of the planet's natural capital. It requires that environmental facto rs be treated as an essential factor of production and not merely an externality.

What is the best strategy to encourage research and development on new energy technologies in a market economy? What steps can ensure a rapid and efficient transition to an economy that has much lower net carbon emissions? This paper shows that, under limited conditions, a necessary and sufficient condition for an appropriate innovational environment is a universal, credible, and durable price on carbon emissions.