Who defined green economy?

The UN Environment Programme has defined Green Economy as “one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.” In its simplest expression, a Green Economy can be considered as one that is low in carbon, resource efficient and …

Who is led by green economy?

Green Economy is led by United Nations Environment Programme.

What is green economy theory?

Green economic theories encompass a wide range of ideas all dealing with the interconnected relationship between people and the environment. Green economists assert that the basis for all economic decisions should be in some way tied to the ecosystem and that natural capital and ecological services have economic value.

Who coined the term Blue economy?

Gunter Pauli
The idea of ‘blue economy’ was first articulated by Gunter Pauli in 2010 and later discussed at the United Nations Conference on Sustainable Development, Rio + 20 in 2012.

What is green economy Slideshare?

• A Green Economy is one that results in increased human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.

When was green economy established?

2008
United Nations Environment launched the Green Economy Initiative (GEI) in 2008, which consisted of global research and country-level assistance encouraging policymakers to support environmental investments within the context of sustainable development.

What is an Orange economy?

The Orange Economy, also known as the Creative Economy, is the bringing together of sectors of the economy “whose main purpose is the production or reproduction, promotion, dissemination and/or the marketing of goods, services and activities that have cultural, artistic or patrimonial content” according to UNESCO.

What is white economy?

The term “white economy” includes all sectors that involve the production, research, marketing and distribution of health-related goods and services. In Italy, it is composed of public and private components, because the Italian health system is a system composed of both components.

What is red economy?

The red economy is the byproduct of Fordism (named after Henry Ford), which favors mass production and considers environmental resources to be unlimited. To put it simply, the red economy is a linear business model of taking resources and producing waste.

What is meant by blue economy?

According to the World Bank, the blue economy is the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.” European Commission defines it as “All economic activities related to oceans, seas and coasts.

What is a brown economy?

A brown economy is one in which economic growth is largely dependent on environmentally destructive forms of activity, especially fossil fuels like coal, oil and gas.

What is meant by creative economy?

The creative economy has no single definition. It is an evolving concept which builds on the interplay between human creativity and ideas and intellectual property, knowledge and technology. Essentially it is the knowledge-based economic activities upon which the ‘creative industries’ are based.

What is marine economy?

The marine economy includes activity that:

Uses essential inputs from marine areas such as seafood processing; Produces goods and services primarily for marine areas such as navigational equipment; and. Occurs because of proximity to coasts such as vacations and rental property.

What is mountain economy?

Products and services from the mountains and hills form the basis of many economic sectors including agriculture, forestry, pharmaceuticals, rangeland production, tourism, and biodiversity conservation.

What is blue water economy?

According to the World Bank, the blue economy is the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.” European Commission defines it as “All economic activities related to oceans, seas and coasts.

What is blue green economy?

Blue-Green Economic Framework

The blue economy originates in the green economy concept of incorporating strategies to mitigate climate change and adaptation to result in “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.

What is blue economy in Kenya?

But a newer concept, known as the Blue Economy – or the sustainable use of ocean resources for economic livelihoods and jobs, and ecosystem health – challenges the notion that socio-economic development has to come at the price of environmental degradation.

What is blue economy India?

February 20, 2022. India and France are maritime nations with dynamic maritime economy sectors like marine technology and scientific research, fisheries, port and shipping, to name a few. Possessing vast exclusive economic zones, their fate is closely linked to the sea and the ocean.

What is green economy Upsc?

A Green Economy is one whose growth in income and employment is driven by public and private investments that reduce carbon emissions and pollution, enhance energy and resource efficiency, and prevent the loss of biodiversity and ecosystems.

What is green economy in Kenya?

Kenya’s key policies and programmes supportive of a green economy include investments in renewable energy, promotion of resource-efficient and cleaner production, enhanced resilience to economic and climatic shocks, pollution control and waste management, environmental planning and governance, and restoration of forest …

What is types of economy?

There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two. FREE-MARKET VERSUS COMMAND ECONOMIES. Free-Market Economies.

Why is blue economy important?

The blue economy is not just about market opportunities; it also provides for the protection and development of more intangible ‘blue’ resources. For example, traditional ways of life, carbon sequestration, and coastal resilience to help vulnerable states mitigate the often devastating effects of climate change.