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

Highlights

  • Information awareness on green economy has greatly improved as people have gained more interest on sustainable development which has been accelerated by various environmental, social and economic challenges such as; loss of biodiversity, increased levels of poverty and loss of quality diverse cultures

  • Green economy focuses on the reverse of these negative impacts through sustainable development by making wise decisions in production and consumption of goods and services obtained from the environment so as to sustain economies and livelihoods that are viewed as components of the ecosystem

  • 4.0 Conclusion and Recommendations The study concludes that globally and mostly in developing countries women are thought to contribute less than men towards Green economy since they don’t hold management positions so it is paramount to develop policies that would assure a fuller role for women, including putting female empowerment at the Centre of development assistance programmes that aim to promote the green economy

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Summary

Introduction

Information awareness on green economy has greatly improved as people have gained more interest on sustainable development which has been accelerated by various environmental, social and economic challenges such as; loss of biodiversity, increased levels of poverty and loss of quality diverse cultures The past decade has seen green economy emerge as an essential policy framework for sustainable development in both developed and developing countries. It is a representation of an exciting framework capable of delivering more resource efficient, lower carbon, less environmentally damaging, and more socially inclusive societies (Hiraldo, Rocío; Tanner, Thomas, 2011). There are tensions between competing green economy discourses and a number of different definitions exist, all of which have major shortcomings. This is further complicated by varying underlying concepts of the ‘weak’,’ transformational’ and ‘strong’ green economy. Current approaches are still in development, lack available data or show inconsistencies with proposed definitions, and may neither support effective decision-making nor efforts to transform economies

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