Green Economy: A Progression Towards Realizing Sustainable Development in the Realm of International Environmental Law

Ashkan Jamaledini and Ehsan Khazaei

MPRA Paper from University Library of Munich, Germany

Abstract: Environmental protection is a critical global concern as societies confront the pressing challenges of climate change, resource depletion, and ecological degradation. This paper explores the green economy's pivotal role in promoting sustainable development and advancing international environmental protection. A green economy shifts economic paradigms by integrating economic growth with environmental stewardship, prioritizing ecological resilience, and operating within planetary boundaries. This approach ensures that present and future generations can thrive without compromising environmental integrity. At its core, the green economy harmonizes economic progress, societal well-being, and environmental health, addressing the trade-offs inherent in traditional development models. It redefines wealth to include natural assets such as clean air, water, fertile soils, and biodiversity, fostering policies for sustainable land use, resource extraction, and renewable energy adoption. The green economy has also influenced international environmental law, driving a paradigm shift in global agreements, including the Rio Declaration and the Paris Agreement. This paper examines the legal principles underpinning the green economy, exploring its alignment with existing frameworks and its role in global environmental governance. In conclusion, the green economy offers a pragmatic, transnational strategy for achieving sustainable development, fostering a synergy between human prosperity and ecological health for a more harmonious future.

Keywords: Green Economy; Sustainable Development; Environmental Protection; International Environmental Law; Ecological Resilience (search for similar items in EconPapers)
JEL-codes: L0 Q4 Q40 Q47 Q48 (search for similar items in EconPapers)
Date: 2024-11-23
New Economics Papers: this item is included in nep-ene, nep-env and nep-pke
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