Published:  05:52 PM, 21 March 2023

Green economy is a path towards sustainable development

Green economy is a path towards sustainable development

Green economy is a path towards sustainable development    The term 'green economy' was first used in 1989 in a report submitted to the UK government by a group of leading economic experts in fog. Where classical and neo-classical economics have started and is still valid today. With the advent of the term "green economy," the term "green growth" was also known at the 2005 Environmental Development Conference in Seoul, South Korea .  In 2011, the Government set up the Green Growth Strategy Framework. The overall objective of the proposed strategic framework is that Vietnam establishes a basic economic, social, scientific and technological basis for achieving green growth, low carbon, and building economic structures.  On the economic, social and environmental front, more and more green technologies are being introduced, creating green lifestyles and sustainable consumption. Specific objectives up to 2020 are set out, focusing on three main goals for reforming the growth model and restructure the economy: (i) reducing greenhouse gas emissions and increasing use clean energy, renewable energy; (ii) green production; (iii) greening the way of life and promoting sustainable consumption.  Vision to 2050, Vietnam will establish adequate material, technical, human and institutional resources to disseminate and implement green growth practices.  The National Strategy for Sustainable Development (NSDS) 2010-2021 was adopted in May 2013, and contains an impressive list of environmental laws, regulations and plans that covers a wide range of environmental issues including forestry control, air pollution, water pollution, bio-diversity preservation and wetland management.  The agenda for green growth for Bangladesh is undoubtedly daunting, but not impossible. The 2041 Perspective Plan, currently under preparation, provides a major opportunity to jump start the green growth agenda and step up the policies, programmes, institutional reforms and financing that will allow Bangladesh to reconcile its growth and poverty agenda with environmental protection. Regulatory policies for controlling water and air pollution are either weak or not properly enforced. Monitoring and evaluation of environmental degradation and effectiveness of redressing measures is absent or weak owing to a lack of adequate information and capacity.  Ekhtiyar Sujon, is a student of Noakhali Government College, department of political science also a freelancer.  




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