The green economy has turned into a global race for strategic restructuring
Countries such as South Korea, Germany, China, and Vietnam are reshaping the global economy with low-carbon growth strategies.
While the green economy has become an element of global economic restructuring and competition beyond environmental protection, countries such as South Korea, Germany, China, and Vietnam are implementing low-carbon growth and renewable energy strategies.
A New Era in the Global Economy
The green economy has become an element of global economic restructuring and competition beyond environmental protection.
Within the scope of this transformation, countries are implementing low-carbon growth and renewable energy strategies.
Core Approaches of the Green Economy
According to United Nations Environment Programme data, this model is based on three main approaches: low-carbon development, efficient resource use, and inclusiveness.
Economic Contribution of Clean Energy
According to International Energy Agency data, in 2023 alone, the clean energy sector contributed approximately 320 billion dollars to global GDP growth.
Furthermore, the total number of jobs in the clean energy sector has surpassed that in the fossil fuel sector since 2021.
Strategic Moves by Countries
While South Korea announced its Low Carbon Green Growth vision in 2008, Germany promotes renewable energy with its Energiewende energy transition policy.
China, on the other hand, associates green development with its Thought on Ecological Civilization and aims to achieve carbon neutrality by 2060.
Vietnam's Green Transition Process
Vietnam has officially adopted green growth and the green economy as a development orientation in its strategic and legal documents for the 2021-2030 period.
The country is progressing toward a carbon-neutral economy within the framework of the 2021 decree.