Concretizing Green Growth and Sustainable Business Models in the Water Sector of Jordan
Jan Engelmann,
Mohammad Al-Saidi and
Johannes Hamhaber
Additional contact information
Jan Engelmann: Institute for Technology and Resources Management the Tropics and Subtropics, TH-Köln–University of Applied Sciences, 50679 Cologne, Germany
Mohammad Al-Saidi: Center for Sustainable Development, College of Arts and Sciences, P.O. Box 2713, Qatar University, Doha, Qatar
Johannes Hamhaber: Institute for Technology and Resources Management the Tropics and Subtropics, TH-Köln–University of Applied Sciences, 50679 Cologne, Germany
Resources, 2019, vol. 8, issue 2, 1-20
Abstract:
The green growth paradigm has gained much attention from various governments worldwide as a guiding strategy for national and sectoral growth strategies. There is, however, little knowledge on how to integrate green growth into key natural resource sectors, such as water. This paper explains the origins and underlying concepts of green growth, and assesses its potential in the Jordanian water sector. Using a green growth diagnostic model, we analyze six key industries in the Jordanian water sector that can be an engine for green growth and the achievement of key sector-related Sustainable Development Goals (SDGs). In addition, four innovative business models are presented which exemplify the best practices and future directions of the water sector in Jordan. The results and recommendations support the strategic decision-making process of linking economic growth and sustainability, and encouraging private investments.
Keywords: green growth; SDGs; Jordan; water sector; national economic strategy; business models (search for similar items in EconPapers)
JEL-codes: Q1 Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jresou:v:8:y:2019:i:2:p:92-:d:230040
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