THE CONCEPT OF SUSTAINABLE DEVELOPMENT AND THE GREEN ECONOMY

Vladimir Arsovski

Abstract


The term "sustainable development" is defined as the ability of humanity: "to make development sustainable so as to meet the needs of the present without compromising the ability of future generations to meet their own needs." This definition focuses on two aspects: the needs of two generations - current generations and future generations - and limited natural resources, which implies the responsibility of generations. However, it remains unclear what the needs of the present and future generations are and what the limitations are in protecting natural resources for the future. Business believes that the term 'green economy' is included in the broader concept of sustainable development. A "green economy" is described as an economy in which economic growth and environmental responsibility are inseparable and support social development.

 


Keywords


sustainable development, sustainability, green economy

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References


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