Green Economy: Evaluating Sustainability and Economic Impacts Report

This report examines the green economy, focusing on the integration of environmental considerations with economic development. It explores the limitations of current economic models and proposes a shift towards an ecosystem-based approach. The report highlights the importance of valuing natural resources and the need for sustainable practices, discussing the role of the Economics of Ecosystems and Biodiversity (TEEB) and the challenges of integrating environmental costs into economic systems. It emphasizes the necessity of aligning individual and collective interests to promote sustainability, arguing for a transformation of human culture and a focus on ecological principles. The report also references academic literature on the green economy and sustainable development, offering insights into the potential for a more environmentally conscious and economically viable future. The report stresses the need for a system where individual gain and the purpose of all human work is allied with nature.

Green economy
Through valuing goods and services deprived of identifying the environmental purpose from
which they are imitative, an obstinate inducement has created to destroy the Earth’s
environments. Carbon dealing structures scrape the surface of a suitably appreciating
environment. The Economics of Ecosystems and Biodiversity (TEEB) is extra inclusive and
efforts to place prices on the numerous facilities delivered by nature, but it also decreases
short of the ideal by integrating the statement that money in its current procedure is the initial
point.
Creation of Green economy:
Practical ecosystems can be exposed to be extra appreciated than production and ingestion. A
way to sustainability seems as an alternative to the economy which is being founded on
production and ingestion of products and facilities, and it is founded on ecosystem purpose.
This would mean an important revolution of human culture. This growth route can be
perceived to discourse all of our utmost persistent difficulties. In an economy founded on
ecological purpose, it would be economically calamitous to contaminate. A functional
economy would mean that preservation is not measured an exclusive indulgence, but the
method to preserve wealth. It would also mean that refurbishment of despoiled lands would
be renowned as a means to upsurge wealth. (Lukas, 2015)
Sustainability Analysis:
In demand to continue and develop sustainable, it is required to plan a system where its place
of individual gain and the purpose of all human work is allied with nature. Where is it fixed
in pebble that human work must be self-centred? Aren’t the countless attainments that
individuals have completed founded on our capability to work collected? It is familiar if a
specific technology follow their attention to the fact where it recompenses the shared interest;
it is no extended in their attention. This means that the attention of persons and the benefits of
humankind can be realized to be similar. Shouldn’t we be creating our culture, economy and
society on the uppermost imaginable appreciative and ideologies? (Bina, 2013)

References
Bina, O. (2013). The green economy and sustainable development: an uneasy
balance?. Environment And Planning C: Government And Policy, 31, 1023–1047.
Retrieved from https://journals.sagepub.com/doi/pdf/10.1068/c1310j
Lukas, E. (2015). Green Economy for Sustainable Development and Poverty
Eradication. Mediterranean Journal Of Social Sciences, 6(6), 434-443. Retrieved
from https://www.mcser.org/journal/index.php/mjss/article/view/8581/8241