Academy member's meeting - green economy

A green economy is defined as low carbon, resource efficient and socially inclusive. Ina green economy, growth in employment and income are driven by public and private investment into such economic activities, infrastructure and assets that allow reduced carbon emissions and pollution, enhanced energy and resource efficiency, and prevention of the loss of biodiversity and ecosystem services [1].

In 2019,the European Commission launched the European Green Deal (EGD). The EGD is a package of actions to reduce greenhouse gas emissions and to minimise the use of resources while achieving economic growth, and ensuring that in the process,nobody is left behind. This means that products sold in the EU market will need to meet higher sustainability standards. The EGD also outlines investments needed and financing tools available to achieve a climate transition. The EGD aims to help the European economy to become a green economy.

During this session, we will provide an overview of the European Green Deal, discuss the implications for businesses, and present some tools available to help businesses navigate this transition.

[1] https://www.unep.org/regions/asia-and-pacific/regional-initiatives/supporting-resource-efficiency/green-economy

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