Abstract
The greening of the economy has emerged in recent years as an attempt to integrate sustainability into the economic growth paradigm. Through this, the international community is hoping to finally push the world into a green transition – even, in some instances, at the expense of “pure” economic growth. Against this background, the concepts of green economy and green growth have been examined from a legal standpoint. Numerous international and regional organizations have also addressed these terms, offering guidelines and clarifications. This chapter analyzes the development of these concepts in the legal field, along with the recommendations made by scholars and international organizations. Such analysis highlights several important barriers that should be taken into consideration for the international community in order to keep promoting the green transition.
Full PaperSummary
The greening of the economy has emerged in recent years as an attempt to integrate sustainability into the economic growth paradigm. Through this, the international community is hoping to finally push the world into a green transition – even, in some instances, at the expense of “pure” economic growth. Against this background, the concepts of green economy and green growth have been examined from a legal standpoint. Numerous international and regional organizations have also addressed these terms, offering guidelines and clarifications. This chapter analyzes the development of these concepts in the legal field, along with the recommendations made by scholars and international organizations. Such analysis highlights several important barriers that should be taken into consideration for the international community in order to keep promoting the green transition.