Green Economy

Green Economic is a model of economy that not only based of material value but also in ecological value. Generally “green economic” is any economic theory that an economy considered component of the ecosystem that it resides. This mean that natural capital and ecological service have a economic value and a full cost accounting regime in which costs externalized onto society via ecosystems are reliably traced back to, and accounted for as liabilities of, the entity that does the harm or neglects an asset.

One international institution that promote the concept of the green economy is the United Nations Environment Programme or UNEP. In UNEP website, the green economic is one result in that not only improved human well being and society but also to significantly reducing the environmental risk and ecological scarcities. Since for almost two centuries we can see that industria or capitalist definition of wealth has always been about the accumulation of money and matter, even sometimes forgot about the side-effect, by-product of we accumulate the money and matter from the industry. A postindustrial world requires an economics of quality, where both money and matter are returned to a status of means to an end.  Green economics means a direct focus on meeting human and environmental need.      

The means of green economy is not only about the environment. Certainly the concept of economic must also harmonize with natural system, but to do that we need great creativity, knowledge, and the participation of everyone. Ecological development requires an unleashing of human development and an extension of democracy.  Social and ecological transformation go hand-in-hand.  

Here are ten interrelated principles that cover key dimensions of a green economy :

1.      The Primacy of Use-value, Intrinsic Value & Quality, the principle of green economy that mean that green economy is a service economy, focused on end used or human and environment needs.

2.      Following Natural Flows

3.      Waste Equals Food, In nature there is no waste, as every process output is an input for some other process. This principle implies not only a high degree of organizational complementarity, but also that outputs and by-products are nutritious and non-toxic enough to be food for something.  

4.      Elegance and Multifunctionality

5.      Appropriate Scale / Linked Scale, This does not simply mean "small is beautiful", but that every regenerative activity has its most appropriate scale of operation. Even the smallest activities have larger impacts, however, and truly ecological activity "integrates design across multiple scales", reflecting influence of larger on smaller and smaller on larger (Van der Ryn and Cowan, 1996).

6.      Diversity

7.      Self-Reliance, Self-Organization, Self-Design

8.      Participation & Direct Democracy

9.      Human Creativity and Development

10.  The Strategic role of the Built-environment, the Landscape & Spatial Design

 Source :

·        http://www.greeneconomics.net/what2f.htm

·        http://www.unep.org/greeneconomy/AboutGEI/FrequentlyAskedQuestions/tabid/29786/Default.aspx

·        http://en.wikipedia.org/wiki/Green_economy