Green growth
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Green Growth is a policy focus. It aims to combine economic growth with environmental sustainability. Through the encouragement of environmentally sustainable economic growth, Green Growth aspires to eradicate extreme poverty without compromising the environment.
While Green Growth is becoming globally more and more relevant, it is even more essential for Asia and the Pacific, where economic growth is the focus of a plan for continuing social progress and reducing poverty. South Asian economies are growing at around 4.8-5.0% (inflation) a year (i.e China, India), China is building more coal power stations each week to meet it#s energy demands and withouth "Green Growth" will become the worlds worst polluter in the next decade.
However, rising prices of oil and other viable natural resources require an unconventional approach to support the fast growing and export-driven economic activities in Asia Pacific. The Green Growth strategy is especially important in this region and it provides innovative solutions that are economically beneficial for all. Green Growth will bring sustainable development to the fast growing Asian economies, China could well be encouraged to spend some of its $1 trillion treasury purse on renewable energy plants.
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