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The Green Economy is an emerging marketplace that seeks to
optimize the synergy among three sets of values: social, environmental and financial. This is
most commonly referred to as the "triple bottom line."
By definition, the Green Economy is:
- Environmentally sustainable, based on the belief that our
biosphere is a closed system with finite resources and a limited
capacity for self-regulation and self-renewal. We depend on the earth’s
natural resources, and therefore we must create an economic system that
respects the integrity of ecosystems and ensures the resilience of life
supporting systems.
- Socially just, based on the belief that
culture and human dignity are precious resources that, like our natural
resources, require responsible stewardship to avoid their depletion. We
must create a vibrant economic system that ensures all people have
access to a decent standard of living and full opportunities for
personal and social development.
- Locally rooted, based on
the belief that an authentic connection to place is the essential
pre-condition to sustainability and justice. The Green Economy is a
global aggregate of individual communities meeting the needs of its
citizens through the responsible, local production and exchange of
goods and services.
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