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Green economy

UK //ɡriːn ɪˈkɒnəmi//US //ɡrin ɪˈkɑnəmi//

Definition

An economic system that aims for sustainable practices to protect the environment.

In simple words: An economy that focuses on being environmentally friendly and sustainable.

Examples

  • The government is investing in a green economy to combat climate change.
  • Many businesses are shifting towards a green economy for sustainability.
  • A green economy can create jobs while protecting natural resources.
  • Policies promoting a green economy are essential for future generations.
  • Adopting a green economy can help reduce pollution levels significantly.

Usage notes

Common in discussions about climate change and sustainability. Appropriate in academic and policy contexts, but may be less formal in everyday conversations.

Grammar pattern

standalone term

Memory hint

Think of green trees and nature thriving in a healthy economy.

Collocations

  • sustainable development
  • renewable energy
  • environmentally friendly practices

Synonyms

  • sustainable economy
  • eco-economy
  • environmental economy

Common mistakes

  • Confused with 'eco-friendly economy' - they are related but not the same.
  • Using 'green economy' to refer to any business without sustainable practices.
  • Assuming it only means renewable energy businesses.