Wednesday, May 6, 2020

A Green Economic Plan For The Environment Essay - 1837 Words

With the deterioration of numerous environments around the globe, and the increased phenomena of anthropogenic climate change, it is evident that changes must take course and the protection of the environment become a crucial aspect embedded in social, political, and economic change. With this understanding, many nations across the globe have adopted a green economic plan that aims to reduce the impact upon the natural environment, whilst also ensuring economic benefit; however, establishing a strong green economic plan that targets the reduction of impact upon the environment can be a financially difficult process, particularly for nations that do not possess the adequate funding. Considering this, many nations in this position partner up with other nations so that the necessary funding can be fulfilled. Guyana is a sovereign state situated in South America that is known to have exceptionally high rates of deforestation for the past several years. Considering this, Norway has taken on the initiative to provide monetary incentives that will fuel Guyana s green economy on the basis that deforestation rates are reduced. Exploring the GRIF project will provide a unique outlook on specifically how economic investments can promote a green economy, and, subsequently, propose a model that presents a scenario in which the reduction of the global impact upon the natural environment can be achieved. The Guyana REDD+ Investment Fund Various initiatives, such as Reducing EmissionsShow MoreRelatedGreen Growth : A New Concept Of Growth1171 Words   |  5 Pagesincrease of economic, such as the rapid increase in GDP. However, it is clear that the natural resources are limited on Earth, high rate of consuming resources will lead to lacking in the future to sustain society. 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