Abstract

Achieving green economy requires the achievement of a well-balanced economy that values social and environmental issues. The 2012 Rio de Janeiro summit consisted of two agenda items “Green Economy in the context of sustainable development and poverty eradication and international framework for sustainable development (Barbara U. et al., 2012) Ecosystems are facing risks due to the increasing rates of depletion in natural resources to satisfy human needs and wants. A robust and regulatory framework is therefore important for effective implementation and management of green economy policies that will lead to the improvement of well-being such as combating global climate change, energy insecurity and ecological scarcity. Diversity in market facilitation will also support market institutions and participants to encourage green economic development with great support from policies that can be used to build and maintain the market infrastructure, including policies within various sectors. The output of this study recommends the bridging of the gap within Green Economy development and the forestry sector plays a major role in promoting clean, secure and sustainable environments by improving the tree cover through planting of trees and creation of awareness. In addition, weak and fragmented policy coordination among relevant ministries and government agencies such as low technology, innovation and Research and Development (R&D) uptake and weak capacity to meet quality and technical standards to be addressed. Keywords: Green economy, forest management, forest governance, sustainable development DOI: 10.7176/JESD/11-10-13 Publication date: May 31 st 2020

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