Green growth strategies in Southeast Asia

Published onJune 6, 2018

Across the globe, the paths of economic growth and development are on an unsustainable trajectory, risking the natural assets and environmental services upon which long-term economic growth and human well-being are dependent on. Addressing natural capital depletion, pollution, the loss of biodiversity, and climate change is urgent in developing nations. These environmental trepidations threaten to undermine development efforts and reverse the gains made thus far…the green growth initiative is a commendable effort to balance a need for economic profit while sustaining the environment, whereby the former does not compromise the latter. With its headquarters in Seoul, South Korea, the Global Green Growth Institute (GGGI) is an international organisation that aims to promote green growth, providing study and stakeholder engagement to replace the more typical methods of industrial development. In 2016, ASEAN and the GGGI discussed the possibility of a potential collaboration in green growth for the region…