Page 118 - Ebook HTKH 2024

2.2.4. Economic Growth
Green economy development creates new industries and markets which are
focused on sustainability. This can comprise renewable energy, encouraging
investments in renewable energy sources such as solar, wind, hydro, and geothermal
which can stimulate economic growth by creating jobs and reducing dependence on

fossil fuels, promoting sustainable agricultural practices can enhance food security. It
would improve livelihoods, and contribute to economic growth by increasing
productivity and reducing environmental impact, green buildings, and eco-tourism.
Developing eco-tourism can boost local economies by attracting tourists interested in
sustainable travel experiences, creating jobs and supporting local businesses.
UNEP - towards a green economy. Pathways to sustainable development and
poverty eradication (2011) reported that countries moving towards a green economy are
already seeing significant employment creation with existing policies, and the potential

could be expanded with further investments into green sectors. Policies targeting small
and medium size enterprises (SMEs) hold particular promise, as they account for a large
share of employment and employment growth in most countries. The article identified
that a shift to a green economy also means a shift in employment which, at a minimum,
will create as many jobs as business as usual.
2.2.5. Biodiversity protection

The other criteria in the green economy is that it emphasizes the preservation and
restoration of biodiversity and ecosystems. This is critical for maintaining the natural
systems that support life and economic activities. There are some factors as follows:
Renewable energy: shifting from fossil fuels to renewable energy sources such as
wind, solar, and hydroelectric power.
Energy efficiency: improving energy efficiency in buildings, transportation, and
industries.

Sustainable agriculture: implementing practices that increase productivity while
reducing environmental impact.
Circular economy: reducing waste through recycling, reusing, and redesigning
products to extend their lifecycle.
Green finance: mobilizing financial resources for sustainable projects through
green bonds, sustainable investment funds, and other financial instruments.

Policy and governance: Developing policies and regulations that promote
sustainable practices and environmental protection.
By integrating these elements, a green economy aims to create a resilient and
inclusive economic system that provides long-term benefits for both people and the
planet.
3. Global Green Economy Development Trends
It is true that green growth in targets of national economic development has
become an inevitable trend in the world today. It is evident that many industrialized

countries in the world, typically the USA, Denmark, Korea, Singapore have successfully
applied this trend and they have achieved outstanding achievements.

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