|Title:||Review and a Methodological Comparision of Green Economy and Green Growth Measurement Tools||Language:||English||Authors:||Mörec, Urska||Qualification level:||Diploma||Advisor:||Kopacek, Peter||Issue Date:||2020||Number of Pages:||93||Qualification level:||Diploma||Abstract:||
In the last decade, there has been a societal paradigm shift towards sustainability and nations have been transforming their economies by adopting greener practices. Consequently, society members and stakeholders involved in policy design and implementation, need to be acquainted and understand terminology related to sustainable development and emerged green concepts – green economy, green growth and green industry. On the ground that there is no commonly agreed definitions of green economy, green growth and green industry, the author reviews existing literature and recent publications for most cited definitions and outlines the essential relationships between the concepts of sustainable development. Secondly, assessment of data availability is done for fourteen sustainable development indicators from the UN ́s Agenda 2030. The assessment confirms the lack of quality data and the need for financial and technical support for monitoring green economy in less developed countries. We review existing green economy and green growth measurement tools and determine that composite indexes are best suited for capturing the complexity of green concepts. We compare country rankings by individually applying five composite indexes (Human Development Index (UNDP), Green Economy Progress (PAGE), SDG Index (SDSN), Environmental Performance Index (Yale) and Global Green Economy Index (Dual Citizen LLC)) and determine frequency of countries ranking top or bottom ten by individually applied composite indexes. We use Pearson correlation method to assess correspondence between the five green economy and green growth composite indexes. Assessment shows highest correspondence score between GEP index and HDI, and we find lowest coherence between GGEI and EPI. This thesis aims to improve the understanding of terminology related to concepts of sustainable development, emphasizes on relevance of monitoring and stresses the importance of choosing the right tools for measuring green concepts – green economy and green growth.
|Keywords:||Gree; Economy Green; Growth; Measurement Tools||URI:||https://doi.org/10.34726/hss.2020.73188
|DOI:||10.34726/hss.2020.73188||Library ID:||AC15694263||Organisation:||E017 - Continuing Education Center||Publication Type:||Thesis
|Appears in Collections:||Thesis|
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