Towards a green economy

Wednesday, May 19, 2010

As the world emerges from recession, a clear message is emerging with it. 'Business as usual' is not working. There is real need for a new vision - a template for change.
The green economy is that vision. A powerful new paradigm for the 21st century, it offers creative solutions to multiple global challenges by linking people, planet and prosperity.

Why a green economy?

Human and natural systems are tightly interwoven. The health of people and economies is founded on ecosystems and natural ‘services’, such as a stable climate and fresh water.
But while our global economy has produced benefits for many, its debt-fuelled, consumption-based growth patterns ultimately harm both environment and society. Environmental degradation in turn creates economic problems.
We have been living beyond our means, with crises in climate, energy, food, water, poverty, jobs and finance linked to economic activity. It’s clear that economic thinking must embrace people and planet.

Putting it together
Greening our global economy is firmly in the realm of the possible. The innovations - social and technological - are there, or in development.
These building blocks include:
• low-carbon energy, infrastructure and transport
• sustainable systems of food production, water and sanitation, and waste
• ways of protecting and sustainably using biodiversity green jobs and livelihoods that ensure social justice and equity, and set real measures for progress and wellbeing
• investment in green sectors, environmental ‘accounting’ and the introduction of new business models
• policy reform

All sectors have a stake in this - no one sector or organisation can drive the transition alone. So the time is ripe for a new grouping: the Green
Economy Coalition

The Green Economy Coalition has come together in an effort to promote progress towards a resilient economy that provides a better quality of life for all within the ecological limits of one planet. There are strong practical reasons for this transition, but it also taps into fundamental human values of fairness, environmental stewardship and careful use of limited resources. -