The green economy is a people-and-nature-centric model with 5 main principles which are:
- Wellbeing
- Justice and Good Governance
- Poverty eradication
- Energy-Efficiency and Low-Carbon Development
- Planetary Boundaries
Ecology, economy, and equity – these are the key points in a Green Economy and constitute the pathway to a wealthy and inclusive nation. A transition towards a Green Economy is exactly what is needed to achieve multiple Sustainable Development Goals – goals on climate action, economic growth, justice, and well-being.
GreenMe IRETI is a program that prioritizes and amplifies citizen-driven climate action as the most scalable approach to ensuring low-carbon, resource efficient and socially inclusive economies. The program prioritizes health of the planet and of the people, and regards these as interlinked. And brings attention to the fact that the green economy is interlinked with circular economy, encouraging the need for a shift to reduce consumption of natural resources to sustainable levels. As an inclusive economy incorporates and embraces modern models of economic development whose objective is to create prosperity within planetary boundaries.
GreenMe IRETI focuses on three major aspects of Green Economy Development – environmental responsiveness, resource efficiency, as well as community and cultural sensitivity.
- Environmental responsiveness involves respecting the intrinsic value of nature and minimizing damage to the ecosystem.
- Resource efficiency involves the use of fewer resources to conserve energy and the environment.
- Community and Cultural Sensitivity involve recognizing and accepting the unique cultural values that each community contributes towards development.