Explain the concept of decoupling in green growth.

Economics Environmental Externalities Questions



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Explain the concept of decoupling in green growth.

Decoupling in green growth refers to the process of separating economic growth from environmental degradation. It involves achieving economic development while minimizing negative environmental impacts. This concept recognizes that traditional economic growth often leads to increased resource consumption, pollution, and ecological damage. Decoupling aims to break this link by promoting sustainable practices, technologies, and policies that enable economic growth without harming the environment. It involves reducing resource use, improving resource efficiency, and transitioning to cleaner and more sustainable production and consumption patterns. The goal of decoupling is to ensure that economic growth is compatible with environmental sustainability, allowing for long-term prosperity without compromising the health of the planet.