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The green economy – a win-win strategy for South Africa


Rethabile Melamu

In the face of the global climate emergency and local economic crises, a transition to a green economy has the potential to drive sustainable economic growth in South Africa. The notion of a green economy was first coined in 1989, but publicised 20 years later by the United Nations Environment Programme in its global response paper to the 2008 economic crisis, titled: Rethinking Economic Recovery: A Global Green New Deal

The green economy is considered an approach to achieving sustainable development that advocates for meeting present global population needs without compromising those of future generations. It is characterised by an economy that is low carbon, resource efficient and socially equitable, and at its core aims to improve human well being while drastically reducing environmental risks and ecological scarcities.
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