Environmental Economics: Cutting Semantics, Creating Genuine Green Growth for Survival
Beijing, 2012. At Rio+20, by far the most critical—and for me most unnerving—debate erupted over the definition of a “green economy.” In the Outcome Document, the definition was left vague and open to interpretation by industry, governments, and international financial institutions. Activists and NGOs deplored what they called the “financialization of nature”—“the notion that every watershed and water lily will be priced and pigeonholed as part of nature’s ‘environmental services’.”
KeywordsRenewable Energy Efficient Energy Carbon Footprint Social Entrepreneur Green Economy
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