The green economy is a paradigm based on the balance between economic development and environmental protection.
Constructive criticism of the green economy
- Some argue that the green economy focuses too much on improving technologies and industrial practices, without addressing the problem of overconsumption. It is crucial to pair this paradigm with a rethinking of consumption based not only on sustainability and efficiency, but also on sufficiency;
- The transition to a green economy must be achieved without widening existing inequalities and instead aiming to close them. For example, the technological solutions needed for the transition should be accessible to all, not only to those who can afford to invest in them;
- The large-scale adoption of technologies such as solar and wind energy envisaged in a green economy must be planned in such a way as to avoid new conflicts over resources, for example the occupation of land for their installation or competition for raw materials.
It is clear from these criticisms that building a green economy is complex, but beware not complicated. Complexity should not be shunned, rather it should be embraced. The green economy promotes economic growth in harmony with the conservation of natural resources and the reduction of greenhouse gas emissions. A concept of development that goes beyond the traditional paradigm of economic growth at all costs is possible.
The green economy promotes innovation and the search for sustainable solutions in the industrial, energy, agricultural and urban sectors. The adoption of these solutions, however, requires a joint commitment of governments, businesses and citizens. They call for public policies that promote investment in green technologies, tax breaks for eco-sustainable businesses and incentives for the production and use of renewable energy. At the same time, businesses can adopt environmentally sustainable practices in their operations, foster environmental responsibility and meet growing consumer demand for sustainable products and services. With the premise that this innovation is democratic, affordable and well-planned, the potential benefits are many. This approach places the promotion of environmentally responsible solutions at the centre, and could create long-term benefits for the environment, society and the economy itself.