Green economy and its future

https://doi.org/10.35912/joste.v2i2.650
Published: Dec 25, 2020

Abstract:

Purpose: This paper tries to find out the current progress of subjective developed and developing countries regarding green economy development.

Research Methodology: This paper uses a graphical radar approach to show countries' overall performance toward the green economy.

Results: This paper concluded that developed countries are ahead of developing in terms of current health expenditure, large forest area and tons of national parks. However, they are on the same page in terms of pollution, whether it is air or solid.

Limitations: Several elements restrict this study. The study is carried out in chosen underdeveloped countries and developed ones. The position of the countries is therefore restricted. Consequently, the results and outputs may not apply to geographical sites. Because of unavailability, this study sample may not be sufficient.

Contribution: This study will benefit both developed and developing countries by providing a clear understanding and scenario about the green economy, well-being, and green infrastructure. The findings of this study will be beneficial to institutions, researchers, politicians, the government, and others. Governments and government agencies can plan and promote their strategies and policies to understand green infrastructure and its impact on human health clearly. This study further extends the literature on the green economy and provides a new way of measuring it through its different components. Furthermore, this study can help explain where we stand right now and where we should set sail to.

Keywords:
1. Green economy
2. Infrastructure
3. Natural capital
4. Well-being
5. Social welfare
6. Forest area
7. Health expenditure
8. GDP per capita
9. Developing countries
10. Developed countries
Authors:
1 . Atta ul Mustafa
M.Phil Student, Department of Economics, Minhaj University Lahore, Lahore, Pakistan
2 . Haleema Afzal
M.Phil Student, Department of Economics, Minhaj University Lahore, Lahore, Pakistan
3 . Zunaira Zahoor
M.Phil Student, Department of Economics, Minhaj University Lahore, Lahore, Pakistan
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How to Cite
Mustafa, A. ul, Afzal, H., & Zahoor, Z. (2020). Green economy and its future. Journal of Sustainable Tourism and Entrepreneurship, 2(3), 119–131. https://doi.org/10.35912/joste.v2i2.650
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Vol. 2 No. 3 (2021): March
Articles
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  3. Al-Delaimy, W. K., & Webb, M. (2017). Community gardens as environmental health interventions: Benefits versus potential risks. Current Environmental Health Reports, 4(2), 252–265. https://doi.org/10.1007/s40572-017-0133-4
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  5. Barton, J., & Pretty, J. (2010). Urban ecology and human health and well-being. Urban Ecology, 202–229. https://doi.org/10.1017/CBO9780511778483.010
  6. Bauduceau, N., Berry, P., Cecchi, C., Elmqvist, T., Fernandez, M., Hartig, T., Krull, W., Mayerhofer, E., N, S., Noring, L., Raskin-Delisle, K., Roozen, E., Sutherland, W., & Tack, J. (2015). Towards an EU research and innovation policy agenda for nature-based solutions & re-naturing cities: Final Report of the Horizon 2020 Expert Group on "Nature-based Solutions and Re-naturing Cities." Publications Office of the European Union. https://doi.org/10.2777/765301
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  10. Calcagnini, G., & Perugini, F. (2019). Social capital and well-being in the Italian provinces. Socio-Economic Planning Sciences, 68, 100668. https://doi.org/10.1016/j.seps.2018.11.005
  11. Carrus, G., Scopelliti, M., Lafortezza, R., Colangelo, G., Ferrini, F., Salbitano, F., Agrimi, M., Portoghesi, L., Semenzato, P., & Sanesi, G. (2015). Go greener, feel better? The positive effects of biodiversity on the well-being of individuals visiting urban and peri-urban green areas. Landscape and Urban Planning, 134, 221–228. https://doi.org/10.1016/j.landurbplan.2014.10.022
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  13. Cook, E., Hall, S., & Larson, K. (2012). Residential landscapes as social-ecological systems: A Synthesis of multi-scalar interactions between people and their home environment. Urban Ecosystems, 15, 19–52. https://doi.org/10.1007/s11252-011-0197-0
  14. Dobbs, C., Kendal, D., & Nitschke, C. R. (2014). Multiple ecosystem services and disservices of the urban forest establishing their connections with landscape structure and sociodemographics. Ecological Indicators, 43, 44–55. https://www.cabdirect.org/cabdirect/abstract/20143180295
  15. Dunn, A. (2010). Siting green infrastructure: Legal and policy solutions to Alleviate Urban Poverty and Promote healthy communities. Boston College Environmental Affairs Law Review, 37(1), 41. https://lawdigitalcommons.bc.edu/ealr/vol37/iss1/3/
  16. Elmqvist, T., Colding, J., Barthel, S., Borgström, S., Duit, A., Lundberg, J., Andersson, E., Ahrné, K., Ernstson, H., Folke, C., & Bengtsson, J. (2004). The dynamics of social-ecological systems in urban landscapes: Stockholm and the National Urban Park, Sweden. Annals of the New York Academy of Sciences, 1023, 308–322. https://doi.org/10.1196/annals.1319.017
  17. Gallagher, J., Baldauf, R., Fuller, C. H., Kumar, P., Gill, L. W., & McNabola, A. (2015). Passive methods for improving air quality in the built environment: A review of porous and solid barriers. Atmospheric Environment, 120, 61–70. https://doi.org/10.1016/j.atmosenv.2015.08.075
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  21. Gong, C., & Hu, C. (2016). The way of constructing green block's eco-grid by ecological infrastructure planning. Procedia Engineering, 145, 1580–1587. https://doi.org/10.1016/j.proeng.2016.04.199
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  23. Hartig, T., & Kahn, P. H. (2016). Living in cities, naturally. Science, 352(6288), 938–940. https://doi.org/10.1126/science.aaf3759
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  25. Hofmann, M., Westermann, J., Kowarik, I., & van der Meer, E. (2012). Perceptions of parks and urban derelict land by landscape planners and residents. Urban Forestry & Urban Greening, 11. https://doi.org/10.1016/j.ufug.2012.04.001
  26. Holota, T., Kotus, M., Holien?inová, M., Mare?ek, J., & Zach, M. (2015). Application of radar chart in the selection of material for clutch plates. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 63, 39–43. https://doi.org/10.11118/actaun201563010039
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