International Journal of Environmental Science and Development

Abstract—Emerging global threats to “Our Common Future” require much greater collective action, improved benefit sharing from natural resource development. This needs a new moral imperative linked to equitable outcomes, and equal claims, including the rights of future generations. We have to find a new approach to achieve sustainable development. A Green Economy is an alternative vision for growth and development; which generate growth and improvements in life in ways consistent with sustainable development. A Green Economy promotes a triple bottom line: sustaining and advancing economic, environmental and social well-being. It’s focus on sustainable development, poverty reduction, low carbon, resource efficient, and socially inclusive. In a green economy, growth in income and employment should be enhancing energy and resource efficiency. It’s focused on increasing GDP above all other goals. It comes with significant social, environmental and economic costs. Since the United Nations Conference on Environment and Development 1992, has focused on achieving sustainable development, economy in general and green economy in particular. The research will shed light on one of the most successful case studies in green economy (The Republic of Korea), and then propose a strategy as a flexible policy framework that provides seven principles to achieve green economy.

Index Terms—Sustainable development, green economy, growth & development, green growth, energy efficiency.

Nora Mohamed Rehan Hussein is with the Head of Architecture Department, Faculty of Engineering, Ahram Canadian University, Egypt (e-mail: nora.rehan@yahoo.com).

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Cite: Nora Mohammed Rehan Hussien, "Green Economy as a Vision to Sustainable Path for Achieving Real Prosperity," International Journal of Environmental Science and Development vol. 8, no. 9, pp. 682-685, 2017.