EMBRACING THE GREEN ECONOMY SUSTAINABLE PATHWAYS TO PROSPERITY
Keywords:
Green economy, Sustainable development, Environmental economics, Policy coherence, Institutional capacity, Innovation, Socio-economic impacts, Sectoral analysis, Global perspectives, Sustainable transitions, Environmental governance, Inclusivity, Equity, Just transition, Climate change mitigation, Circular economy, Renewable energy, Biodiversity conservation, Green innovation, Systems thinkingAbstract
This comprehensive literature review delves into the multifaceted landscape of the green economy, examining theoretical foundations, policy instruments, socio-economic impacts, sectoral analyses, global perspectives, challenges, and opportunities. The review emphasizes the urgent need for sustainable development, showcasing the interconnectedness of environmental, economic, and social systems. It underscores the pivotal role of policy coherence, institutional capacity, and innovation in driving the green economy transition. Furthermore, the literature highlights the imperative for equity and inclusivity, ensuring that the benefits of sustainability are distributed equitably among diverse communities. Overall, the review serves as a guiding resource for policymakers, researchers, and practitioners seeking to navigate the complexities of the green economy and foster a more sustainable and just future.