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A circular economy (also referred to as circularity or CE) [1] is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible.
The UNEP 2011 Green Economy Report informs that "based on existing studies, the annual financing demand to green the global economy was estimated to be in the range US$1.05 to US$2.59 trillion. To place this demand in perspective, it is about one-tenth of total global investment per year, as measured by global Gross Capital Formation." [6]
Green industrial policy (GIP) is strategic government policy that attempts to accelerate the development and growth of green industries to transition towards a low-carbon economy. [ 1 ] [ 2 ] Green industrial policy is necessary because green industries such as renewable energy and low-carbon public transportation infrastructure face high costs ...
Green Growth Knowledge Platform: In January 2012, the Global Green Growth Institute, Organisation for Economic Co-operation and Development (OECD), United Nations Environment Programme (UNEP), and World Bank signed a Memorandum of Understanding to formally launch the Green Growth Knowledge Platform (GGKP). [40]
Industrial ecology (IE) is the study of material and energy flows through industrial systems. The global industrial economy can be modelled as a network of industrial processes that extract resources from the Earth and transform those resources into by-products, products and services which can be bought and sold to meet the needs of humanity.
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide are increasingly paying greater attention to this emerging industry. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion.
Green jobs (green-collar jobs, sustainability jobs, eco jobs or environmental jobs [1]) are, according to the United Nations Environment Program, "work in agricultural, manufacturing, research and development (R&D), administrative, and service activities that contribute(s) substantially to preserving or restoring environmental quality.
A Sustainable industry would allow for growth in all three deminsions while maintaining the quality of the environment and countering major environmental issues. A report was released in 1987 by the United Nations called Our Common Future in which the concept of sustainable development was listed for the first time along with its guiding ...