What are the 5 principles of a green economy?

The five principles of a green economy are as follows:

  1. The wellbeing principle: A green economy ensures that all people create and enjoy prosperity
  1. The justice principle: This principle means that a green economy will promote equity within and between generations
  1. Planetary Boundaries Principle: An ideal green economy will restore, safeguard and invest in the future according to this principle.
  1. Efficiency and Sufficiency principle: This principle lays emphasis on sustainable consumption and production.
  1. Good governance principle: The green economy is guided by integrated, accountable and resilient institutions.

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