Despite substantial improvements over the past 23 years in many key areas of sustainable development, the
world is not on track to achieve the goals as aspired to in Agenda 21, adopted in Rio de Janeiro in 1992, and
reiterated in subsequent world conferences, such as the World Summit on Sustainable Development held in
Johannesburg in 2002. While there have been some achievements in implementing Agenda 21, including the
implementation of the chapters on “Science for Sustainable Development” and on “Promoting Education,
Public Awareness and Training”, for which UNESCO was designated as the lead agency, much still remains
to be done.
This decade had seen the idea of a “green economy” float out of its specialist moorings in environmental
economics and into the mainstream of policy discourse. It is found increasingly in the words of heads of state
and finance ministers, in the text of G20 communiqués, and discussed in the context of sustainable
development and poverty eradication.
The research paper focused to establish a relationship between sustainable development and green
economics. The research paper is descriptive and analytical in nature. The data collected from secondary
sources such as report from niti aayog, IMF indicators, RBI reports, newspapers, journals. The research
design was adopted to have greater accuracy and in depth analysis of the research study. The statistical
tools for the analysis are also being used.
