This document summarizes a seminar presentation on the green economy. It defines the green economy as increasing development without harming natural resources through cleaner industries and more efficient resource use. It discusses green economy indicators, initiatives in countries like China and India, and challenges to achieving a greener economy, including financial barriers and lack of environmental awareness. While a green economy may create jobs and markets for green technologies, critics argue it could increase costs for developing countries. The presentation concludes that green investments and policies are crucial for long-term environmental and economic sustainability.

1. EQD 7008: INSTITUTIONS,
INDUSTRIAL DEVELOPMENT
AND ECONOMIC GROWTH
SEMINAR PRESENTATION
NURSHALEE ROSLEE
MS ECONOMY DEVELOPMENT STUDIES
2017/2018
The Green Economy: the wolf in Sheep’s clothing
Edgardo Lander

2. OBJECTIVES
 To define what is green economy
 To determine green economy functioning’s
 To observe the concept and practice implement
 To focus green economy initiatives in developing
countries
 To discuss the impact and conflicts in green
economy for better growth

3. INTRODUCTION
WHAT IS GREEN ECONOMY?
o Increase development without sacrifice our natural
resources
o A standard to improve human’s actions in social and
economic while embracing environmental and ecology
o Shift towards cleaner industries and sectors
development
o Increase resources efficiencies in greener industries
The term is not consistently define as “green
economy” is still a emerging concept in emerging
state

4. GREEN ECONOMY INDICATORS AND
IMPLEMENTATION
SOURCE: UNIDO, 2016
INDICATORS REMARKS
Resource Productivity Waste generation intensity
Environmental Risks Industrial Risks
Technology and Innovation R&D
Environmental goods and Products

5. GREENER ECONOMY IS GOOD FOR
DEVELOPMENT?
 Alleviate environmental impact
Eradicate global warming scale at local and international.
o Emerging of new market in industries
Biofuels and Renewable Energy Resource (Solid Waste, Solar
Power)
o Green Jobs
Expand labor sector in green services industries
o Consumers Demand
Going Green is no longer an alternative it is Must Do action
o Responsible Resource Management
Institutions good governance practice

6. COUNTRIES GREEN ECONOMY
INITIATIVES
China
1) Focus in manufacturing green industry such more solar and wind power, electric
vehicle implementation.
2) Enhance clean production in steel and cement industries in reduction of sulfur dioxide
and ammonia nitrogen from these industries.
3) Promote green resource utilization in big energy companies to have more sustainable
energy growth
India
1) India instilling energy efficient awareness in MSME’s
2) Long range-land program
3) Enhance modern energy access
Countries by renewable energy
investment 2016
SOURCE: UNEP, 2015-2016

7. THE GAPS
 The political and financial power of the Big
Companies
 Rising Inequality
 Policy Uncertainty – Regulatory environments
 Innovations over nature and natural capital

8. CRITICS OVER GREENER ECONOMY
 Developing countries broke environmental
expansion model as their emissions is
drastically increased which the
implementation of greener model
should have effect in the opposite.
 Urgent demand of energy and non-energy
resources and products relatively impact to increasing prices,
exploitation and expensive investment.
 Traditional ownership jeopardize by the emerging new greener business
and greener economy instruments.

9. CHALLENGES TO ACHIEVE GREENER
ECONOMY
 PEOPLE
1) Low awareness exposure to the people, leads to “careless” society
2) Cash-benefit society, expecting money value in return of actions
3) No early stage education of environment at child development stages
 INDUSTRIES
1) High investment on new greener model
2) Lack of insights on the importance of green at real estate industry
3) Insecurity especially when comes to trade companies my looses when trade
with others which do not implement green code for trades.
 COUNTRY
1) Multi-level development in all areas of social, cultural, transportation,
agriculture
2) Broad green policies instruments such trade agreements, permit markets,
legal instruments and urban policy
3) Poor environmental governance at institutions practice

10. CONCLUDING REMARKS
MORE GREEN INVESTMENTS AND STRATEGY
 Green Certificates, provide incentives to companies and lowering the cost on the
next green technology implementation and green bonds.
 Carbon Pricing, emissions trading system which industries enable to allocate
setting amount of emissions if the level is exceeded, it will cost quotas to trade
with other industries in next investment.
 Green Trade, promote green trade product in developing countries.
1) Green economy will draw greater opportunity for economy
and social advantages, I believe green investment will create
more job opportunities in green technology sectors in reduction
of unemployment gaps. It is crucial in securing long-term
environmental conditions that benefit population morbidity at
present and future.
2) Institutions however, needs to carefully shape its industrial
expansion in protecting environmental with inclusive
environmental governance without penetrate further risks and
costs.
3) Green growth is not a choice it is fundamental for countries
development, and well-being of the people to enrich quality of
life for the future as we are securing today’s natural capital.

11. REFERENCES
 The Economics of Ecosystems and Biodiversity (TEEB) (2011):
Mainstreaming the Economics of Nature: A Synthesis of the
Approach, Conclusions and Recommendations of TEEB.
 United Nations Development Program (UNDP) (2007): Thailand
Human Development Report
 2007: Sufficiency Economy and Human Development, Bangkok.
 UNEP (2011): Towards a Green Economy - Pathways to Sustainable
Development and Poverty Eradication, Nairobi.