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Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. [ 1 ] [ 2 ] [ 3 ] It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is required.
The sustainable growth rate is the growth rate in profits that a company can reasonably achieve, consistent with its established financial policy.Relatedly, an assumption re the company's sustainable growth rate is a required input to several valuation models — for instance the Gordon model and other discounted cash flow models — where this is used in the calculation of continuing or ...
Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. [ 23 ] [ 24 ] [ 25 ] It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is ...
The rate or type of economic growth may have important consequences for the environment (the climate and natural capital of ecologies). Concerns about possible negative effects of growth on the environment and society have led some to advocate lower levels of growth, from which comes the idea of uneconomic growth and Green parties which argue that economies are part of a global society and a ...
Sustainable development is an approach to growth and human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. [1] [2] The aim is to have a society where living conditions and resources meet human needs without undermining planetary integrity.
Clean growth refers to economic growth that is energy efficient, uses sustainable agricultural practices, and uses renewable energy technologies according to the ‘Poles’ outlined in the UN's Sustainable Development Goals. [1] In other words, it is economic growth tied to conscious and sustainable principles with the aim of reducing ...
The 2030 Agenda for Sustainable Development, adopted by all United Nations (UN) members in 2015, created 17 world Sustainable Development Goals (SDGs).The aim of these global goals is "peace and prosperity for people and the planet" [1] [2] – while tackling climate change and working to preserve oceans and forests.
Ecologically sustainable development is the environmental component of sustainable development.It can be achieved partially through the use of the precautionary principle; if there are threats of serious or irreversible environmental damage, lack of full scientific certainty should not be used as a reason for postponing measures to prevent environmental degradation.