Green Economics

Presented by :
Shreya Paul
A060114120013
TABLE OF CONTENTS

Introduction Methodology
01 What is Green economics?
Why is it important?
02 Sources, Focus areas &
principles of Green
Economics

Building a Green Economy Case Study

03 Effect on employment & pros
& cons of a Green Economy
04 South Korea : Green Growth
in action
INTRODUCTIO
N
What is Green Economics?

Green economics is a methodology of

economics that supports the harmonious
interaction between humans and nature
which attempts to meet the needs of both
simultaneously.
 IMPORTANCE OF
A GREEN
ECONOMY
1. It is a macroeconomic approach to long-term economic growth
that focuses on investments, employment, and skills

2. it encourages chances and choices for underprivileged people

through greater access to a secure and clean environment.

3. It is built on a new economic system that improves societal well-

being, and produces responsible corporate growth.
 SOURCES OF A GREEN ECONOMY

Productivity Stability Innovation

 FOCUS AREAS OF A
GREEN ECONOMY
1. Engagement with the macroeconomic approach to
sustainable economic growth via regional, sub-regional and
national means

2. Demonstration of ways to green economy with an

emphasis on the access to green funding

3. Promoting the development and integration of

macroeconomic policies in countries to promote the green
economy transition
PRINCIPLES OF GREEN ECONOMICS

The principle of The principle of

well-being Planetary Border

The principle The principle of

of justice efficiency and
adequacy

The principle of
good governance
 BUILDING A GREEN ECONOMY

1. Green Purchasing and Resource

Efficiency

2. Production and utilisation- “Vocal for

Local”

3. Management of waste streams

4. Infrastructure for the Environment

EFFECT ON EMPLOYMENT
 PROS & CONS
PROS CONS
Slows down climate change Going green necessitates some effort.
Authentic and sophisticated recycling practises Time consuming and requires initial heavy
investment

Increasing home value Organic products are more expensive

Gives the next generations a bright future Lack of knowledge, skillset and technology

Greening can boost the brand of a corporation It must be accompanied by development-led policies
and coordinated actions to ensure that the outcomes
are inclusive across and within countries.

Health improvement emission-efficiency technology threshold of the

current growth model gives each country only
limited opportunities to cut emissions.
 

Money savings in the long run a limited range of products

 SOUTH KOREA :
GREEN GROWTH IN
ACTION
CONCLUSION