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The vagueness of the Brundtland definition of sustainable development has been criticized as follows: [26]: 17 The definition has "opened up the possibility of downplaying sustainability. Hence, governments spread the message that we can have it all at the same time, i.e. economic growth, prospering societies and a healthy environment.
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 ...
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 green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change.
The economic dimension of sustainability is controversial. [1] This is because the term development within sustainable development can be interpreted in different ways. Some may take it to mean only economic development and growth. This can promote an economic system that is bad for the environment.
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 ...
Sustainable consumption is, for men, a way to reinforce their social image, showing to others that they care about environment, whereas for women sustainable consumption is intrinsically important. The evidence is that green consumers are mainly female, aged between 30 and 44 years old, well educated, in a household with a high annual income.
SDG 8 is to: "Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all." [39] Important indicators for this goal include economic growth in least developed countries and the rate of real GDP per capita.