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Resources and Global Dev > Week 4: Green Growth > Flashcards

Week 4: Green Growth Flashcards

1
Q

Definition

A

harmonize econ growth with env. sustainability => create win win strategy between env + econ

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2
Q

Green growth: critical aspects

A
  • demand-side management => consumption pattern change
  • eco tax reform, other econ. + institutional aspects
  • increasing incomes with reduced env. impact
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3
Q

Decoupling

A

decouple econ growth with env pollution => continue growth but without growing env impact

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4
Q

GG: Concept changes

A
  • env protection: from barrier to econ growth to a driver => environmental industries
  • production and consumption: designed based on life cycle concepts
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5
Q

GG: System changes

A
  • eco- efficiency of production and consumption
  • more effective decision making required
  • Green GDP, green accounting, green tax budget reform
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6
Q

Brown Growth

A

1) quantitative (GDP, economy-focused)
2) resource intensive (more input more output)
3) production factor-intensive (labor capital natural asset)
4) energy dependency (fossil fuel driven)
5) climate vulnerable (high risk, low adaptive capacity)
6) unsus growth

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7
Q

Green growth

A

1) Qualitative (holistic-economy, env, society)
2) resource-efficient (less input more outpu)
3) innovation based tech )value-added knowledge)
4) energy-self-sufficiency (renewable)
5) climate-resilient (low risk, high adaptive capacity)
6) SD

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8
Q

GG: Policy instruments

A
  • eco-tax reform
  • green tax
  • green tax & budget reform
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9
Q

Korea GG

A
  • strict recycling, volume based food waste fee system june 2013
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10
Q

China GG

A

resource-efficient economy, conservation-minded society and green GDP (retarding econ growth, abandoned)

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11
Q

Japan GG

A

reduce, reuse, recycle (3Rs)

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12
Q

GG Korea more

A
  • switch energy sources to renewable sources
  • increase energy efficiency
  • develop tech and industries in energy supply and env protection
  • integrate approaches into conventional industries
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13
Q

Korea GG Policy Vision and Direction: Strategies

A

1) Climate change adaptation and energy self-sufficiency
2) Development of new growth engines
3) good quality of life and leading country of GG

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14
Q

GG Policy Korea: 1) Climate change adaptation and energy self-sufficiency

A
  1. effective reduction of GHGs
  2. Non-fossil fuel-based energy supply
  3. higher capacity for CC adaptation
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15
Q

GG policy Korea: 2) Development of new growth engines

A
  1. Dev and commercialization of green tech
  2. greening of industries and dev of green industries
  3. upgrade of industrial structure
  4. foundation of green economy
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16
Q

GG Policy Korea: 3) good quality of life and leading country of GG

A
  1. green transport and land use
  2. green revolution in living
  3. a leading country of green growth
17
Q

GG current situation Korea

A
  • de-emphasis after Myunbak lee stepped down >= following regime kept distance
  • announcement of seoul initiative network on GG (SINGG) Network project in june 2023
18
Q

Eco-efficiency

A

achieved by teh devlivery of competitively-priced goods and services that satisfy human needs and bring quality of life while progressively reducing ecological impacts and resource intensity throughout the life-cycle to a level at least in line with the earths estimated carrying capacity
=> more econ value with less env impact
econ and env in parallel

19
Q

eco-efficiency macroscale

A

economy grows, qual of life decreases but increases again and resource use and pollution go down

20
Q

eco-eff formula

A

Product or service value/ env. influence

21
Q

Role of gov - eco eff

A
  • internalize externalities
  • price resources and pollution properly
  • eliminate perverse subsidies and reward those who avoid pollution
  • subsidies: political matter, not economic
22
Q

Challenge Eco eff

A
  • not sufficient by itself
  • integrates only 2 of 3 SD factors
23
Q

GG and EE are

A

supplement ideas to support SD but put more emphasis on economy

24
Q

Environmental Kuznets Curve

A

as a country’s economy grows, environmental degradation initially increases, but after reaching a certain level of income or development, it begins to decrease

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