A global transition to a low-carbon, resource-efficient economy will help boost economic growth and reduce poverty, and won’t cost the earth, according to a new report from the UN.
Towards a green economy: Pathways to sustainable development and poverty eradication insists that a two per cent investment of global gross domestic product in “greening” key sectors such as agriculture, energy, fisheries, and forestry, would pay for itself in the longterm.
“[The green economy] aims to link the environmental imperatives for changing course to economic and social outcomes—in particular economic development, jobs and equity,” said Achim Steiner, Executive Director of the UN Environment Programme.
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