Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date04/02/2021
AuthorVishanthini Kanasan, and Mohd Sayuti Hassan
Published ByAcademia Letters
Edited BySaba Bilquis
Uncategorized

Urban Green Growth and Importance to Cities in Asia

Governments around the world are now seeking effective and continuous efforts to implement appropriate strategies and policies to address the proceedings with worries over the worldwide economic crisis and the intensified warnings that society is violating various planetary limits or ecological limits (Assembly, 2012). Green growth is part of economic development whereby environmental degradation can undermine human well-being through various ways such as floods which can severely damage infrastructure, buildings, and farmland consequently have high monetary effects on society (Svetlana et al., 2015). Over the years, policymakers have focused on actions that could facilitate green growth to cities as a means for catalyzing renewed economic growth and balancing environmental sustainability.

The Organisation for Economic Co-operation and Development (OECD) defines urban green growth as a cohesion that facilitates both sustainable development and economic growth that lessens environmental impacts (OECD Factbook, 2013). Consequently, over a long time frame, the reduction in the environmental impact will generate wealth (Simon & Leck, 2015). As such green growth is a positive interaction between economic efficiency and environmental objectives that is stimulated through urban policies and programs to reduce negative environmental externalities.

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