txt: Green economy – From Wikipedia, the free encyclopedia
Green economy is a fast growing new economic development model in contrast to the existing ‘black’ economic model based on fossil fuels, such as coal, petroleum, and natural gas. The green economy is based on a knowledge of Ecological economics that aims at addressing the interdependence of human economies and natural ecosystem and the adverse impact of human economic activities on climate change and global warming. In the midst of the global economic crisis, the UNEP United Nations Environment Program called for a Global Green Deal according to which governments were encouraged to support its economic transformation to a greener economy (UNEP, October 22, 2008).
Green economy includes green energy generation based on renewable energy to substitute for fossil fuels and energy conservation for efficient energy use. The green economy is considered being able to both create green jobs, ensure real, sustainable economic growth, and prevent environmental pollution, global warming, resource depletion, and environmental degradation.
