The economics for sustainable development is one of the fastest growing economic growth models. Often referred to as the green economy, this model integrates economics with culture, society and politics, emphasizes the importance of biodiversity and generally is based on the principle of renewable resources.
While the outer edges of what counts as the green economy are still forming, its philosophic antecedents extend more than two hundred years and include the works of such prominent economic thinkers as Kenneth Boulding and Karl Polanyi.
Today, the green economy model remains unconventional, which is responsible for the uncertainty of growth forecasts even though it already involves a substantial amount of consumer and industrial demand. The drivers of the green economy are among the critical growth elements of the economy as a whole and their value is steadily increasing. In addition to emerging green markets, these drivers include energy security, climate change and resource scarcity.
To read the full, original article click on this link: nbbusinessjournal.com - The green economy is game changing - Breaking News, New Brunswick, Canada
Author: Peter Lindfield is chairman and CEO of the Carlisle Institute, a New Brunswick-based thinktank. He lives in the Fredericton area and can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it..
