It would be an invaluable help if you let me know the exact definition of green economy given by Pearce et al. in their report titled as 'Blueprint for a Green Economy' published in 1989 commissioned for advising the UK Government. Or, if you can send me the soft copy of this report at my email: [email protected], then I will try to sort it out from there.
Thank you in advance.
Dear Thawhidul,
Pearce gave a general definition of Green Economics which he resolved into three issues, namely 1) Changing human greed, 2) Sustainability, and 3) a low ratio of (material &Energy)/output. A version of the paper you referenced was published by The White Horse Press, Cambridge UK, in their Environmental journal in 1992. I attach a clip of it.
I agree with Lall B. Ramrattan on the meaning of Green Economics according to David Pearce [Pearce, D. (1992), Green Economics, Environmental Values, 1(1), 3-13] . Indeed, Pearce indicated that constraining human greed, sustainability, and decoupling are three features that are common to all forms of green economics. But this 'definition' is for Green Economics as an academic discipline.
For Green Economy as an objective that green economists want to achieve, David Pearce defined it as follows, in the same paper: "A green economy is one that has the capability of replicating itself on a sustainable basis. [...] the essential feature of the green economy is the systematic decoupling of rates of change in economic output and the environmental assets used up in that process. This green economy is therefore consistent with non-declining human welfare and with the sustainable use of natural resources." Please find attached the pdf version of the paper.
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