Green bonds play an important role in financing assets needed for the low-carbon transition. With the European Green Bond Standard, the EU is aiming to set a clear gold standard for green bonds. The Standard, which is voluntary, relies on the detailed criteria of the EU taxonomy to define green economic activities, ensures levels of A guidebook to the Green Economy Issue 1: Green Economy, Green Growth, and Low-Carbon Development - history, definitions and a guide to recent publications Division for SustainableA "flash crash" in 2014 and a spike in rates in the "repo" market, where Treasuries can be swapped for cash, in 2019, first raised alarms. The Treasury market was then overwhelmed by fire
An important attraction of the green economy is that it will directly engage the private sector and consumers, thereby broadening participation in sustainable development (UNEP, 2011).
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However, given the importance of primary industries to much of the economy, natural resource protection also plays a prominent role in the green economy debate (e.g. Globe Foundation, 2010). Discussion of the concept of a green economy can also be found beyond the UNECE region and member countries (e.g. UNEP, 2010b).
An inclusive green economy is one that improves human well-being and builds social equity while reducing environmental risks and scarcities. An inclusive green economy is an alternative to today's dominant economic model, which exacerbates inequalities, encourages waste, triggers resource scarcities, and generates widespread threats to the 23VuD.
