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Reflections on a Green Economy with Reference to Green Skills for Green Jobs

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Sustainable Boardrooms

Abstract

The Green Jobs Initiative established in 2007 between United Nations Environment Programme (UNEP), International Labour Organization (ILO), International Organization of Employers (IOE) and International Trade Union Confederation (ITUC) have succeeded to draw considerable attention towards green economy and green growth. The discourse on green jobs became a natural follow-up on the debate of green economy and green growth. Moreover, these contemporary concepts in developing economies have proven to have several positive impacts on the country’s labour market, and economic development as a whole. For example, green initiatives in economies like Singapore, Brazil, and Germany were found to accelerate economic growth and employment creation. Since the turn of the millennium, it became clear that commitment to sustainable development has not been sufficient to curb global negative environmental degradation. The evidence of human-made climate change by the International Panel on Climate Change (IPCC) provided a case in point and further called for more action. Climate change and environmental degradation has been one of the key discussion points and concerns in almost every great government organisations and geopolitical groups across the world and what consequences in brings towards the swift development of green growth. In these contexts, various government and intergovernmental organisations are forced to seriously consider the argument for green growth and to a greater extent transitioning to a green economy. Such approaches towards green economy can be critically discussed along their policy initiatives in line with the green jobs and green skills which were seen as the basis to move towards green economy. Green economy is centred on the environmental economics and is influenced by whichever mainstream policy priorities of the government and intergovernmental organizations that dominate. However, it does not restore sustainable development but there exists a clear international policy agenda that has distinct linkages between a green economy and sustainable development. The transition to a green economy, however, depends largely on national regulations, policies, subsidies, and incentives, as well as international market and legal infrastructure, trade, and technical assistance. This chapter aims to produce a comparative study of the green economy growth and the governmental policies and initiatives taken by the Singapore and the German government towards building a sustainable future.

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Correspondence to Easwaramoorthy Rangaswamy .

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Rangaswamy, E., Leon, C.K., Joy, G.V. (2023). Reflections on a Green Economy with Reference to Green Skills for Green Jobs. In: Shrivastava, A., Bhusan, A. (eds) Sustainable Boardrooms. Responsible Leadership and Sustainable Management. Springer, Singapore. https://doi.org/10.1007/978-981-99-4837-6_4

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