All the elements to enact a transition to a âlow-carbon, resource-efficient and socially inclusive global economic model" are here now, and businesses and governments are already promoting and fostering greater investments in 10 key sectors UNEP has singled out: agriculture, energy, buildings, water, forestry, fisheries, manufacturing, waste, tourism, and transport.
Investing 2 percent of global GDP in these sectors would not only âshift the global economy on to a more sustainable growth trajectory, but it would maintain or increase growth over time compared to the current business models," according to UNEP's âTowards a Green Economy: Pathways to Sustainable Development and Poverty Eradication."
Investing $100 billion to $300 billion per year in sustainable agriculture between now and 2050, according to UNEP, âcould lead to better soil quality and better yields for major crops, representing a 10% increase over the current strategies."
âThe elements of a transition to a Green Economy are clearly emerging across developing and developed countries alike," UNEP executive director Achim Steiner stated. âThere are now some nations going further and faster than others, which is in many ways generating a âpull factor' that, if maintained, may bring others along over the coming months and years." Read the full report here.
Source: by Andrew Burger, Clean Technia.com.