Definition: it is an economic system that aims to reduce environmental risks and ecological scarcities while promoting sustainable development.
Features: low carbon emissions, resource efficiency, and inter- and intra-generational equity. A green economy is driven by public and private investment that reduces carbon emissions and pollution, enhances energy and resource efficiency.
A green economy refers to an economic system that aims to enhance human well-being and social equity while significantly reducing environmental risks and ecological scarcities. In essence, it is an economy that prioritizes sustainable development by integrating environmental considerations into economic policies and practices. The key features of a green economy include, for example: resource efficiency, renewable energy, circular economy, biodiversity conservation etc.