The Global Green Growth Initiative (Global) is an international effort to promote and facilitate the transition to a low-carbon, resource-efficient, and climate-resilient global economy. It is a collaborative effort between governments, international organizations, businesses, and civil society to develop and implement green
Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. The term was coined in 2005 by the South Korean Rae Kwon Chung, a director at UNESCAP. It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is required. As such, green growth is closely related to the concepts of green economy and low-carbon or sustainable development. A main driver for green growth is the transition towards sustainable energy systems. Advocates of green growth policies argue that well-implemented green policies can create opportunities for employment in sectors such as renewable energy, green agriculture, or sustainable forestry.