Prof. Mark Swilling

Year: 2011

Document type: Faculty Research & Publications

ECSECC Working Papers Series 14 (2011). East London: ECSECC. The ECSECC Working Paper Series was launched as a platform for publishing work in progress in areas broadly aligned with the strategic objectives of the Eastern Cape Socio-Economic Consultative Council. 

The ‘Green’ economy is a fast-growing new economic development model in contrast to the existing model based on fossil fuels, such as coal. It aims, through an ecological economics, at addressing the interdependence of human economies and natural ecosystems and the adverse impact of human economic activities on climate change and global warming. In the midst of the global economic crisis, the UN Environment Programme called for a global Green New Deal according to which governments were encouraged to support economic transformation to a greener economy.