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What is Green economy in simple words?

United Nations Environment Program (UNEP) defines a green economy as low carbon, resource-efficient and socially inclusive. It promotes a development path that understands natural capital as a critical economic asset and a source of public benefits. 

Further Reading:

Related Links
Environmental conventions and protocols Green India Mission (GIM)
Environment And Ecology Notes  Economy Notes for UPSC
United Nations Convention on Biological Diversity Reports Published by International Organizations

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