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Support for green economy surges but crucial gaps remain

February 25, 2014

Support for green economy surges but crucial gaps remain

Governments, businesses, investors and others are embracing the ‘green economy’ idea, but differences in the way they interpret it pose barriers to sustainable development, according to a report published by the International Institute for Environment and Development and the Green Economy Coalition.

“The green economy concept is an antidote to the prevailing brown economy, which is a major driver of environmental degradation and inequality,” says Oliver Greenfield Convener of the Green Economy Coalition. “Its purpose is to improve both society and the natural environment. Right now though, the most powerful players are backing a narrower goal of ‘green growth’, which risks being discredited unless it more effectively tackles inequality.”

The report outlines ways to bridge this and other gaps that could jeopardize the transition towards inclusive, sustainable development.

Read more at Eco-Business.

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