scholarly journals Exploring the connections between green economy and informal economy in South Africa

2015 ◽  
Vol Volume 111 (Number 11/12) ◽  
Author(s):  
Suzanne Smit ◽  
Josephine K. Musango ◽  
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Abstract The notion of an inclusive green economy in the context of sustainable development and poverty eradication requires an approach that engages with the informal economy. However, the informal economy is generally ignored or undervalued in discussions on the green economy. This paper set out to bolster this argument by identifying the ways in which the green economy and the informal economy may be connected by establishing the extent to which policies and plans relating to green economy connect with the informal economy, and recognising several informal green activities. The barriers and opportunities for connecting the two spheres were also explored as well as possible ways in which such activities may be supported at different levels of organisation. In the case of South Africa, many informal green activities that contribute to sustainable livelihoods are recognised. However, issues pertaining to procedure, process and participation hinder the transition to a truly inclusive green economy.

Economics ◽  
2021 ◽  
Vol 104 (3-5) ◽  
pp. 51-59
Author(s):  
Tengiz Lachkepiani Tengiz Lachkepiani ◽  
Maya Kiladze Maya Kiladze ◽  
Mtvarisa Tananashvili Mtvarisa Tananashvili ◽  
Maia Lomishvili Maia Lomishvili

Green bonds can be considered as a model of economic development, that reduces environmental risks and ecological problems, promotes sustainable development, reduces the negative impact on the environment. In addition, it can be considered as a mechanism for the sustainable development and poverty eradication, and its result will also improve the human well-being and social equality. Like any new form of financing, including "green bonds", it is still in its infancy and can be evaluated after some time. We think this financing tool will be useful for financing environmental projects. In addition, the establishment of the new Green Bank (or fund) will facilitate the direct investment or risk mitigation tools, or both, for the climate-related projects. LEDS and NEEAP have independently submitted options for setting up a public organization with a special mandate about green funding. Investors, commercial banks and corporations operating in Georgia may benefit from such a national funding organization for climate change measures to protect their investments from risks. One of the priority directions of ecological relations for Georgia is the creation of normative acts, which enable the unification and harmonization of ecological legislation, including in the field of "green economy". The development of "ecological technologies" is also of great importance for the development of the "green economy". The "green economy" strategy should become a model of sustainable development in the long run. In Summary, Green bonds may have been a good response by governments to restore the pandemic-reduced economic activity. With the reduced liquidity, this could be a good opportunity to access capital and increase investor confidence in the private sector and to attract more investments. Keywords: Green bond, Financial market, Issuer, Finance, Green Bank.


2012 ◽  
Vol 10 (3) ◽  
pp. 492-507 ◽  
Author(s):  
Jose A. Puppim de Oliveira

The United Nations Conference on Environment and Development (UNCED) took place in the city of Rio de Janeiro in 1992 and put the concept of Sustainable Development definitively on policy agendas at all levels from global to local. Twenty years later, even though important progress has been made in several areas, the world still struggles to implement the decisions following up the UNCED and to steer humanity towards a more sustainable path. The UN has set two broad themes for the Earth Summit in 2012, or Rio+20: institutional framework for sustainable development (IFSD) and green economy in the context of sustainable development and poverty eradication. This article makes an overall analysis of the discussions generated by Rio+20. The article starts with a short overview of the debates on sustainable development since the UNCED, until the recent debates on green economy and institutional frameworks for sustainable development. It then highlights some lessons from the discussions catalyzed by Rio+20 analysing why and how progress has been achieved in certain areas and what the obstacles are to move the agenda of green economy and good environmental governance forward to achieve a more sustainable development. It concludes that, besides the tremendous obstacles to implement the agenda on green economy and IFSD, these themes brought about in Rio+20 are still lacking conceptually in the discussions on important topics such as equity and need to changes in values, as well as the debates on governance beyond the international level.


Author(s):  
Melanie SARANTOU ◽  
Satu MIETTINEN

This paper addresses the fields of social and service design in development contexts, practice-based and constructive design research. A framework for social design for services will be explored through the survey of existing literature, specifically by drawing on eight doctoral theses that were produced by the World Design research group. The work of World Design researcher-designers was guided by a strong ethos of social and service design for development in marginalised communities. The paper also draws on a case study in Namibia and South Africa titled ‘My Dream World’. This case study presents a good example of how the social design for services framework functions in practice during experimentation and research in the field. The social design for services framework transfers the World Design group’s research results into practical action, providing a tool for the facilitation of design and research processes for sustainable development in marginal contexts.


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