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Significant progress has been made over the last three decades through international conferences and reports to seize the opportunities of sustainable development in view of the challenges of climate change, the limited carrying capacity of the Earth, and degrading ecosystems. Sustainable development emphasizes the enhancement of environmental, social and economic resources, with all three of them being critical to meet the needs of current and future generations.

Transforming consumption and production—a key priority in the early 21st century

Bottlenecks in the way sustainable development has been approached in practice — with a focus on environmental protection and negative externalities — provide a basis for understanding the evolution of the Green Economy concept. In the aftermath of the last world economic crisis, the Green Economy gained attention as a concept that could overcome the connotation of environmental protection as a cost factor slowing down economic development and bring the environment and the economy into a positive relationship, in which the environment becomes an opportunity rather than a constraint, and a new driving force for economic development.

Sustainability remains the vital long-term goal, but the Green Economy is describing a pathway to sustainable development. As a key feature, the Green Economy promotes investments in specific areas — also broadly referred to as green sectors — which either restore and maintain natural resources or increase efficiency in their use.

These investments can lead, as any other public investment, to the creation of jobs, generation of income and development of new markets but with less emissions, resource degradation and environmental pollution. Depending on their current level of development, countries have different capacities to initiate and implement policy reform and cope with transformative change. Should the global population reach 9.

The Transition to a Green Economy

With rises in the use of non-metallic minerals within infrastructure and construction, there has been significant improvement in the material standard of living. Humanity must therefore rely on 0. Humankind is polluting water in rivers and lakes faster than nature can recycle and purify More than 1 billion people still do not have access to fresh water.

Excessive use of water contributes to the global water stress. Water is free from nature but the infrastructure needed to deliver it is expensive. Despite technological advances that have promoted energy efficiency gains, energy use in OECD countries will continue to grow another 35 per cent by Commercial and residential energy use is the second most rapidly growing area of global energy use after transport. In the motor vehicle stock in OECD countries was million vehicles 75 per cent of which were personal cars.

Green growth and sustainable development

A 32 per cent increase in vehicle ownership is expected by At the same time, motor vehicle kilometers are projected to increase by 40 per cent and global air travel is projected to triple in the same period. The share of renewable energy in final energy consumption has reached Food While substantial environmental impacts from food occur in the production phase agriculture, food processing , households influence these impacts through their dietary choices and habits.

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This consequently affects the environment through food-related energy consumption and waste generation. Land degradation, declining soil fertility, unsustainable water use, overfishing and marine environment degradation are all lessening the ability of the natural resource base to supply food. Goal 12 targets. Related news.

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