Assignment task:
The green economy has been defined by the United Nations Environment Programme as "an economy that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities". The concept of the green economy is embedded in the country's national development plan, Vision 2030 Jamaica.
Vision 2030 Jamaica proposes that the country's productive enterprises move beyond simply minimizing their negative impacts on the natural environment, and begin to base new jobs and industries on the sustainable use of natural resources as well as the country's unique environmental assets. Examples include further developing renewable energy sources, promoting higher levels of organic agriculture and exploring the genetic potential of the country's endemic species.
Within this context Jamaica is able to propose a range of strategies that can be used to build an inclusive green economy, which will have the dual effect of reducing the country's high level of poverty while contributing to a more sustainable developmental path - responses to Jamaica's most critical development needs, most notably improving fiscal space, reducing poverty, increasing social well-being and strengthening resilience to economic shocks and natural hazards.
Comprehensively explore the concept of the green economy by examining the abovementioned content, the benefits and futuristic goals toward sustainability - VISION 2023. Include the areas below:
- Identifies areas of Vision 2030 Jamaica that directly or indirectly impact or are impacted by a transition to a green economy.
- Identifies strategies outlined in Vision 2030 Jamaica that could be enhanced through greening the economy.
- Discuss gaps related to the green economy.
- Articulate a green economy strategy.
Based on your research, your project report should include the following:
1. An introduction highlighting the extent of the green economy.
2. What are some identifiable and foreseen challenges and issues?
3. Critical analysis of your green economy - at least three advantages and three disadvantages.