Question

describe the importance of green economy in the modern world in brief


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Answer 1

Answer:

An inclusive green economy is one that improves human well-being and builds social equity while reducing environmental risks and scarcities. ... Over the past decade, the concept of the green economy has emerged as a strategic priority for many governments.

Answer 2

Explanation:

The role of Green Economy, Sustainable Consumption and Production and Resource Efficiency for Sustainable Development: Sustainable Consumption and Production aims to improve production processes and consumption practices to reduce resource consumption, waste generation and emissions across the full life cycle of processes and products – while Resource Efficiency refers to the ways in which resources are used to deliver value to society and aims to reduce the amount of resources needed, and emissions and waste generated, per unit of product or service. The Green Economy provides a macro-economic approach to sustainable economic growth with a central focus on investments, employment and skills.

The three main areas for the current work on Green Economy are:

1) Advocacy of macro-economic approach to sustainable economic growth through regional, sub-regional and national fora

2) Demonstration of Green Economy approaches with a central focus on access to green finance, technology and investments

3) Support to countries in terms of development and mainstreaming of macro-economic policies to support the transition to a Green Economy. The UN Environment is supporting Mongolia in the implementation of the National Green Development Policy, integration of green economy into local level development plans, Sustainable Development Goals indicators and greening of key sectors.

Partnerships

Multi-stakeholder partnerships for the promotion of a Green Economy are supported to accelerate and consolidate sustainable changes in both consumption and production patterns. In addition to Governments and not-for-profit organizations, UN Environment has increased its engagement with the private sector – which is a very important actor in promoting resource efficiency and green economy.