Wastewater is a valuable resource that we need to harness. That is the key message in a new publication from UN Environment, the Global Programme of Action and the Global Wastewater Initiative.
Georgia commits to introduce resource efficient production and consumption (REPC) concept in order to promote the transition towards green economy by decoupling economic growth from environmental degradation and resource depletion.
The concept of “green growth” can be fruitfully connected to concepts and theories in neoclassical economics including market externalities, Ricardian and Hotelling rents, and policies that would correct externalities such as Pigovian taxes or a cap and trade system set to achieve emissions reduc