Green Economy is an economic approach aimed at enhancing societal well-being while minimizing the negative impacts on the environment and natural resource scarcity. This concept emphasizes the importance of investing in environmentally friendly sectors, reducing carbon emissions, and increasing resource efficiency.
The goals of Green Economy include improving environmental quality, social welfare, and sustainable development that does not jeopardize the needs of future generations. Green economy also focuses on social justice and equitable distribution of wealth.
The benefits of Green Economy are preserving the environment, restoring welfare, and promoting sustainable consumption and production. Implementing a green economy requires behavioral change, education, and higher environmental awareness in society.