The Green Economy Pocketbook
Summary
The Green Economy Pocketbook advocates for a transition to a green economy to address economic recession and environmental degradation, proposing a re-orientation of the economy to deliver wellbeing within natural limits through changes in measurement, finance, sector management, and human investment.
Key insights
- Achieving a green economy requires redefining 'progress' by using indicators that incorporate human wellbeing and environmental health alongside GDP growth to address both material poverty and environmental deprivations such as poor living conditions and degraded water bodies and soils.
- Governments can influence financial flows toward a green economy by implementing long-term policy frameworks, which include greening public procurement (representing 13-17% of GDP), ending pervasive subsidies in sectors like transport, energy, and industry, and rewarding business innovation.
- The transition involves greening high-impact sectors through public transport, sustainable agriculture, and renewable energy, while investing in education and training to ensure green jobs and a just transition. The document notes that Payments for Ecosystem Services (PES) were valued at US$77 billion annually in 2007 and are projected to reach US$300 billion annually by 2020.
Cite the original document
- APA
- Green Economy Coalition (2012). The Green Economy Pocketbook. https://www.greeneconomycoalition.org/news-and-resources/the-green-economy-pocketbook
- Chicago
- Green Economy Coalition. The Green Economy Pocketbook. 2012. https://www.greeneconomycoalition.org/news-and-resources/the-green-economy-pocketbook.
- Wikipedia
- {{cite report |author=Green Economy Coalition |title=The Green Economy Pocketbook |date=2 June 2012 |url=https://www.greeneconomycoalition.org/news-and-resources/the-green-economy-pocketbook |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greeneconomycoalition2012green, author = {{Green Economy Coalition}}, title = {{The Green Economy Pocketbook}}, institution = {Green Economy Coalition}, year = {2012}, month = jun, url = {https://www.greeneconomycoalition.org/news-and-resources/the-green-economy-pocketbook}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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