Green Growth: The MSG Approach
MSG – Melanesian Spearhead Group
Green Growth
- attaining prosperity now but
ensuring it lasts for a long-time (sustainable). Doesn’t mean stop extracting or production but change the mode of extraction and production eg., continue to use bulldozers and diggers but with biofuel. Brown economy (GDP = C+I+G+(E-Y) Green Economy (GDP = C+I+G +NE – NEA) Green Growth – transit from Brown to Green economy.