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Jakarta Post

Delivering the promise of the ‘Green Economy’

  • Kemal Azis Stamboel

Jakarta   /   Mon, July 9 2012   /  05:00 am

From June 20 to 22, more than one hundred of the world’s leaders gathered in Rio de Janeiro to discuss the future of the earth. The summit adopted an outcome agreement called “The Future We Want”, which primarily encourages the countries to implement a Green Economy within their overall economic policies. Many policy makers – albeit not all – see the Green Economy as an answer for future development, given the fact that economic growth in Asia, South America and Africa has had a deteriorating impact on the environment.

Even prior to the Rio+20 summit, President Susilo Bambang Yudhoyono had given a statement that called on the world’s leaders to adopt the Green Economy as a new paradigm in development, which should be adopted immediately. His call won plaudits from many developed countries (The Jakarta Post, May 22).

In general, the Green Economy is an economic d...