DRIVING A GREEN ECONOMY THROUGH PUBLIC FINANCE AND FISCAL POLICY REFORM

2011 ◽  
Vol 02 (02) ◽  
pp. 325-349 ◽  
Author(s):  
BENJAMIN JONES

Amid a still fragile economic environment, and rising concerns about deteriorating environmental conditions, policy-makers are examining the potential for new sources of environmentally sustainable growth and job creation. A "green economy" has emerged as an important concept linking economic growth and environmental sustainability. This paper emphasises the potentially significant opportunities to enhance welfare from better management of scarce environmental and natural resources, including through the reduction and removal of large distortions arising from environmentally harmful subsidies. It emphasises the centrality of fiscal (and in particular tax based) measures, as part of a portfolio of policies necessary to mobilise the resources, both public and private, for such an economic transformation to be effective and equitable.

2016 ◽  
Vol 8 (2) ◽  
pp. 17-24 ◽  
Author(s):  
Siti Haslina Md Harizan ◽  
Mohd. Faiz Hilmi ◽  
Hanafi Atan

Abstract Global warming has been among the important focus in higher educational sector worldwide. However, distance education has not been gaining sufficient attention in environmental sustainability studies of higher educational field. The overlooked dimension of sustainability in delivering courses through distance education mode has triggered a need for further understanding, in the way distance education could be acknowledged as an environmentally sustainable learning option by reducing greenhouse gas emissions. The study attempted to explore the acceptance of distance education as environmentally sustainable option among distance learners who were currently enrolled in distance education programmes in public universities located within the northern region of Malaysia. The results found that the students expressed their acceptance in the favourable manner from cognitive, affective, and conative aspects. The findings are expected to broaden the sustainability attributes of distance education and to benefit higher educational policy makers, universities’ administrators, and public at large by providing evidences for environmental sustainability of distance education.


2020 ◽  
pp. 53-56
Author(s):  
TEA LAZARASHVILI

Environmental pollution, exhausting natural resources and effects of climate change are causing economic stresses and therefore require significant financial expenses. Environmentally sustainable growth funding requires a significant amount of investment. First of all, we are talking about «green» financing of global projects. The main factor in the development of green economy is the green financing that can prevent social, economic and ecological changes caused by the sharp expansion of the global population and the catastrophic exhaustion of natural resources and their negative consequences. The financial sector, with active support of the state, can provide global sustainable development and qualitative changes in such conditions. In the format of the United Nations Conference in 2012, most of the global agreements on the «green» economy were taken at the global level. It is noteworthy that the uniform definition of «green» economics has not yet been established. Mainly under the green economy, economic activity is meant, which improves human wells, ensures social justice and significantly reduces the risks to the environment and nature.


Author(s):  
P.S. Kamble

Industrial revolution turned India into a source of rare, raw materials for British industries as well as a market for their finished products. The British only concentrated on the use of production factors and mass production for earning profit and collecting wealth for selfish development and it has led to a depletion of certain natural resources, leaving the environment permanently damaged and injured. The environmental issues in India become more serious every day like that lack of environmental education, reducing fertility of agricultural land, declining water level on earth, mass deforestation, land degradation, excess use of fertilizers and chemical in food production and river contamination and pollution. Green economy is a design and remedy on sustainable development, sustainable environment and environmental balance. It is against this backdrop, the present research study analyses the state of green economy and its linkages with sustainable development, environmental sustainability with reference to India. The present study concludes that the depletion of natural resources in India was not over or excessive is a move towards a green economy in connection with the indicator of natural resource depletion. The state of sanitation facilities in India is not very much happy and satisfactory. Access to water shows for India it is good, but not better which reveals India has failed in providing drinking water, consequently economic transformation and green economy for sustainable development of India. The important and policy suggestions of the present study are; planned extensive and intensive efforts are very much necessary from India as well for the development of health, water supply and sanitation facilities. Government of India should be more active and dynamic in realizing their green economy. Participation and involvement of people should be obligatory and enhanced in undertaking various activities useful for attaining the green economy and there by sustainable development.


2021 ◽  
Vol 13 (16) ◽  
pp. 8853
Author(s):  
Signe A. Sønvisen ◽  
Christian Vik

(1) Background: Although Norwegian aquaculture has experienced tremendous development, environmental challenges limit opportunities for growth. To promote environmentally sustainable industry growth, a new spatial management regime was introduced: the Traffic Light System (TLS). However, with a focus on environmental sustainability and economic growth, the new regime largely ignores important factors for industry development: legitimacy and acceptance. (2) Methods: This study used qualitative methods such as interviews and document analysis. (3) Results: The results showed how aquaculture stakeholders perceive and weigh the dimensions of sustainability. Low social sustainability, owing to low content legitimacy and acceptance, places stakeholders in an interest tug o’ war. (4) Conclusions: Legitimacy and acceptance are prerequisites for industry growth, which may ultimately affect the objective of sustainable growth. In particular, a lack of legitimacy and acceptance may affect procedural legitimacy and thus the long-standing institutional setup in Norway.


2019 ◽  
Vol 26 (1) ◽  
pp. 425 ◽  
Author(s):  
Marleen S. Schutter ◽  
Christina C. Hicks

<p>The Blue Economy has gained traction as a key concept that seeks to stem biodiversity loss whilst stimulating economic development, thereby integrating environmental and economic interests. Although the Blue Economy builds on the more familiar Green Economy, academic critique is still emerging and can be slow to translate into changes in policy and practice. What the Blue Economy means to national and local policy makers and practioners is seldom explored, and specificity is lacking on how the triple bottom line of economic growth, environmental sustainability, and social equity can be attained. This article explores these issues in one of the pioneering nations promoting the Blue Economy – the Republic of Seychelles – to establish a) how policy makers and practitioners in Seychelles perceive the Blue Economy b) what perspectives influence the concept; and c) who stands to gain or lose from its implementation. Seychelles has a unique position in Africa, due to its remote location in the Indian Ocean, its political history, and its pioneering role in promoting the Blue Economy: it presents itself as a leader for Africa in this respect. Using a combination of interviews and Q-methodology, we identify three perspectives on the Blue Economy in the country. Policymakers and practitioners are either: <em>supportive</em> in principle, <em>critical</em> in practice; <em>pragmatic and accepting</em>; or <em>idealistic</em>. These three perspectives capture the interpretations of those tasked with enacting the Blue Economy, but many of the perspectives present in international discourse are not present in the country, and indeed elements of them are met with resistance. Drawing on a social network analysis we find that the <em>critical</em> perspective is most influential in terms of information, both with government and non-government actors. However, the <em>pragmatic and accepting</em> perspective is more influential in terms of resource allocation, indicating a lack of resources could hamper actions by the actors that would like to see change.</p><p><strong>Keywords: </strong>Blue Economy, blue growth, oceans economy, Seychelles, Africa, Q Methodology, network analysis, natural capital</p>


2019 ◽  
Vol 2019 (1) ◽  
pp. 122-138
Author(s):  
Petr Kiryushin

The paper offers a comprehensive approach to analyzing the processes of environmentally sustainable development (ESD) and green economy (GE) through the prism of interaction between business, the state and the society. The authors grouped twelve factors of ESD and GE in Russia into four categories: those that relate more to the society (formation of an eco-friendly lifestyle, development of eco-activism, popularization of eco-volunteerism), the state ( need for modernization of economy, participation in international cooperation in the field of sustainable development, implementation of state projects of international importance, achievement of environmental sustainability in urban development) and business (development of environmental regulation of business, emergence of green business opportunities, proliferation of sustainable norms and standards of doing business), as well as background factors ( use of new technologies that promote ESD and GE, and actualization of environmental problems). The approach presented allows us to systemically evaluate the processes of ESD and GE and can be applied both for theoretical studies and for achieving practical results.


2021 ◽  
Vol 3 ◽  
pp. 44-50
Author(s):  
К. S. Alpysbayev ◽  
◽  
Y. E. Gridneva ◽  
G. Sh. Kaliakparova ◽  
◽  
...  

The goal-is to focus on the importance of developing a "green" economy for the agroindustrial complex, modern approaches to its impact on economic stability in Kazakhstan and improving the environment. Methods - comparative analysis, assessment and synthesis, systematic approach. Results - the problems and prospects of environmental safety in the republic, the advantages of a resource-saving model of sustainable growth, a program for the development of a "green" economy in the countryare shown. A significant degree of lagging in the use of innovative technologies for an early transition to eco-innovation has been revealed. The measures necessary for their inclusion in the national environmental policy as a key factor are proposed. The relevance of the study is determined by the positive impact of organic agriculture on improving the level and quality of life of rural residents. It is noted that in recent years, the annual production of environmentally friendly products has increased by an average of 20-30%. Ecosystems consider animals, feed and fertilizers as a single target system. The Republic of Kazakhstan has large areas of natural pastures for raising livestock and obtaining high-quality livestock products. The practical results of the expediency of large-scale application of the principles of biodiversity conservation and alternative energy sources to increase the efficiency of agro-industrial production, completeness of meeting the needs of the population of remote regions for high-quality food products, and improving the environment are generalized. Conclusions - at present, indicators of environmental sustainability all over the world are decreasing. For maintaining sustainable natural potential and biological resourcesit is needed to use targeted strategy and investment decisions at all levels, from local to global, and effective- innovative financing mechanisms are required to stimulate the required scale of investment.


2020 ◽  
Vol 5 (2) ◽  
Author(s):  
Francesco BONSINETTO ◽  
Enzo FALCO

European cities and regions are facing the crucial challenge of greening their economy towards more sustainable patterns. Politicians and policy-makers should promote new policies for sustainable growth including renewables, greenhouse gas emissions, energy efficiency and biodiversity. All of these aspects can be considered as a boost for local and regional economy. In this regard, European countries and regions can benefit from the Europe 2020 Strategy which is defined as Europe’s blueprint for a smart, sustainable and inclusive future, providing a ten year roadmap for growth and jobs. EU2020S was designed as a European exit strategy from the global economic and financial crisis in view of new European economic governance. This study discusses the above issues regarding Italy and intends to provide some answers on the perspectives of the new EU2020S. It draws from a research project supported by ESPON, the S.I.E.S.T.A. Project, focused on the territorial dimension of the EU2020S. Therefore, this paper aims at analyzing Italian regional patterns on climate change, green economy and energy within the context of EU2020S and at providing policy recommendations for better achieving the goals of the Strategy.


1982 ◽  
Vol 21 (3) ◽  
pp. 255-257
Author(s):  
Zafar Mahmood

The world in its politico-economic aspects is run by policy-makers who have an academic background in law or public administration or other related social disciplines including economics. Only rarely would a majority of the policy-makers be trained in economics. In the making of economic policy, the basic choices before the policy-makers are political and they transcend the narrow concerns of economists regarding optimal use of resources. These considerations in no way downgrade the relevance of economic analysis in economic policy-making and for the training of policy-maker in economics. Policy-makers need economic council to understand fully the implications of alternative policy options. In this book, Wolfson attempts to educate policy-makers in the areas of public finance and development strategy. The analysis avoids technicalities and is kept to a simple level to make it understandable to civil servants, law-makers and members of the executive branch whom Wolfson refers to as policy-makers. Simplicity of analysis is not the only distinguishing mark of this book. Most other books on public finance are usually addressed to traditional public finance issues relating to both the revenue and expenditure sides of the budget and neglect an overall mix of issues dealing with the interaction of fiscal policy with economic development. Wolfson in this book explicitly deals with these issues.


Author(s):  
Indriyati Kamil ◽  
Oekan S Abdoellah ◽  
Herlina Agustin ◽  
Iriana Bakti

This article highlights the dynamics of geothermal energy in the Kamojang nature reserve in Indonesia. A nature reserve is a conservation area that must be protected and preserved, because it has unique flora and fauna, and rare ecosystems whose existence is threatened with extinction. After going through a long study process by an integrated team, the government finally made a policy to change the function of the nature reserve into a Nature Tourism Park. Changes in policy changes to the function of nature reserves cause pros and cons in the community, and cause conflicts between government and environmental activists. The purpose of this study is to identify the factors that cause changes in the function of nature reserves into natural tourism parks in the Kamojang conservation area of Indonesia, as well as to identify appropriate communication models in the management of geothermal energy through communication and environmentally sustainable approaches. Research findings show that the factors that cause changes in the function of nature reserves into tourist parks include; the interests of geothermal energy to meet national energy needs and electricity infrastructure, accommodate the needs of surrounding communities that utilize water resources in conservation areas, and restore ecosystems. The communication model for geothermal energy management that we propose at the same time is also a novelty namely; ecopopulism approach, negotiation approach, collaboration, and equating meaning and orientation to environmental sustainability. Type of Paper: Empirical Keywords: Geothermal Energy, Nature Reserves, Conservation Policies, Communication Models and Sustainable Development.


Sign in / Sign up

Export Citation Format

Share Document