Abstract

As the global epidemic continues to have an impact on the world economy and public health, the issue of climate change is still the core threat facing the world. The "2020 Global Risk Report" issued by the World Economic Forum (WEF) pointed out that the five major risks facing the world in the next 10 years are all related to the environment. A study on this pointed out: If governments adopt greener economic recovery plans, the world can reduce the temperature rise by 0.3°C by the middle of this century. In other words, accelerating green economic growth after the epidemic and promoting green transformation in all aspects have become the top issues facing countries. Some of the economic recovery plans proposed by Western Europe, South Korea, Canada and other countries may have a positive effect on the environment. Economic stimulus plans such as China, the United States, Australia, Italy, and Japan will invest most of the funds in non-green areas. Among them, the US economic stimulus plan may the negative environmental impact is the greatest. The Dubai's World Green Economy Summit held this year undoubtedly produced a revolutionary change in thinking for the largest developing country like China.

Highlights

  • The concept of "green economy" first appeared in the late 1980s

  • Environmental economists believe that economic development must be sustainable by the natural environment and human beings, without blindly pursuing production growth and causing social divisions and ecological crises, nor by depletion of natural resources and making the economy unsustainable

  • Many environmentally-friendly technologies such as environmental protection technology and clean production technology are transformed into productivity, achieving sustainable economic growth, and eliminating poverty

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Summary

Introduction

The concept of "green economy" first appeared in the late 1980s. Environmental economists believe that economic development must be sustainable by the natural environment and human beings, without blindly pursuing production growth and causing social divisions and ecological crises, nor by depletion of natural resources and making the economy unsustainable. WGES is an important global platform that strengthens partnerships among key decision makers, as well as cooperation between regional and international organizations in the public and private sectors to achieve the transition to a green economy. The Global Environment Working Group is a strategic platform that supports international cooperation in addressing global challenges, promoting sustainable development, and investing in a green economy.

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