Does Green Growth Solve Sustainability Challenges?

Sustainability Development
Does green growth solve
sustainability challenge?
Student Name

Sustainability development 1
Contents
Introduction....................................................................................................................2
About Green growth.......................................................................................................3
Importance of sustainable development in today’s environment...................................4
Challenges of sustainable development in today’s environment...................................5
Objectives of sustainability development......................................................................5
Progress made so far......................................................................................................6
Barriers to achieve sustainable development objectives:...............................................6
Economic growth and sustainability development........................................................7
China’s economic slowdown leads to sustainable growth.............................................9
Yes! Green growth solves sustainability challenges....................................................10

Sustainability development 2
Introduction
Sustainability growth is that development that encounters the needs of the present without
cooperating the ability of forthcoming generation to meet their own requirements. The
conception of sustainable development highlights about its core approach to development that
looks competing and need beside an awareness of the environmentally friendly, societal and
economic limitation, which we all face as a society. This all highlights that as long as we
pursue unsustainable development, the more frequent we will severe its consequences
(Elliott, 2012).
Sustainable development delivers a method to make the better choices on the issue related to
the economic development that affects all the lives. To make it better we all have to play
certain part like taking small actions, take them collectively and add them up for the real
modification. However to attain sustainability in United Kingdom, the administration needs
to take the lead. The SDC’S work helps in making this occur, and they do it through a
combination of examination, achieving and building organizational volume for sustainability
development (United nation development programmes, 2019).
While moving ahead towards the sustainable development one has to make efforts in
accordance with the national, local and international cooperation for which they carry out the
best practices in order to motivate changes and the innovation to be made. One of the best
practices in order to be flexible and reversible is the adoption of green growth. Numerous
developing needs, which are need to be changed in order to move towards the sustainable
development (United Nation, 2018). Along with this, there are numerous challenges too such
as supply risk; major impact over climate, technology affected all this lead to the excessive
utilization of economic and financial stabilities. In the following, an effort is made to discuss
the concept of sustainability development, strategies adopted by the different countries in
order to understand their plans for sustainability development. Moreover, this entire
assignment is also majorly focusing on the green growth, which is very much helpful in
solving sustainability challenges (Elliott, 2012).

Sustainability development 3
About Green growth
(Source: Jänicke, 2012)
In earlier times, the world continued facing the two most challenge one was expanding
economic opportunities for growing global population. In addition, another challenge was to
address the environmental pressure, which undermines the ability to seize these opportunities.
Green growth in basic terms helps in fostering economic growth and development (The
World Bank, 2012). It is not at all a replacement for sustainable expansion; rather it is
tangible and elastic approach for achieving concrete, measurable progress across its financial
and environmental supports. The major focus of green growth policies is to ensure that the
regular assets which delivers their full economic prospective on the sustainable basis
(Jänicke, 2012).
Green growth plays an integral part, which fosters strong, more sustainable and inclusive
growth. Other than this, it also works for enhancing productivity by generating greater
competence in the use of natural means, works over reducing wastage and energy
consumption. They are working more over innovations and value creations and assigning
resources to the highest value usage. Moreover, they are opening up with the new markets by
demanding for green goods, facilities and technologies for example, Godrej Company plays a
major part of it. Also it aim is to reduce risk of negative shocks towards growth (Sinclair,
2016).
In recent times certain strategies that need to be tailored; likewise, their major focus is on
GDP as the main amount of economic advancement overlooks the involvement of usual