In this report, the terms ‘green economy’ and ‘green growth’ are used at times to reference the same thing – to refer to the common dominant principles of these approaches, namely: Environmentally sustainable economic growth – the idea that economic growth and environmental integrity can be complementary and achievable goals within the appropriate market and regulatory contexts. Socially inclusive green growth – the idea that green economic growth should be pro-poor and maximise both immediate and local benefits to reduce poverty and vulnerability. Universality – the idea that transitions to green economies should be universal to realise a cumulative global transition towards sustainability Flexibility – there is no single green growth model; green economic strategies will vary by region and country based on context, capabilities, preferences and funding.

in: IDS Evidence Report 148, IDS, Institute of Development Studies, Sussex 2015.

IDS, Brighton, Sussex/NRI, Greenwich

Weblink: 

http://www.ids.ac.uk/publication/green-development-natural-resource-financialization-and-emerging-conflict-in-southern-africa-with-examples-from-implementation-contexts-in-madagascar-tanzania-and-south-africa