Discussion paper

The fall and rise of the green economy

11 Aug 2014
DOI

http://doi.org/10.4225/50/5580B3717C55E
Description

It is five years since the Global Financial Crisis (GFC) and its knock-on effects are still playing out in ways that are likely to have longer-term implications than those purely financial in nature; namely, its impact on the green agendas of governments and industries and the brake it has placed on an emerging green economy.

The green economy has been identified as the next major long wave of structural economic and socio-technical change at a global level (see key reference list at end of article). It can be expected to exert a more significant triple bottom line impact than that of the information economy, the last major post-industrial societal transition whose emergence accelerated through the latter half of the 20th century and continues to exert transformational change today via its links with new media and communications, the knowledge economy and the creative economy.

The drivers of a green economy are different but equally powerful and go to the heart of global sustainability in the 21st century: averting highly disruptive climate change, living within the finite resource limits of the planet, avoiding the environmental degradation currently associated with industrial and urban development, and supporting a projected nine billion population.

Publication Details
Identifiers: 
DOI: 
10.4225/50/5580B3717C55E
Published year only: 
2014
10
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