Posted: 2009/August

The Fourth Annual Green Economics Conference ended in Oxford this August. Beijing Forestry University Professor Zhang Ying presented his work "Forestry Accounts: A primary case study in China" in the conference and has received positive feedbacks. His paper will be published in the Green Economics Institute's International Journal of Green Economics (IJGE).

Green Economics is an innovative and creative branch of economics. It is continuously growing, developing, and implementing. Cambridge University Economics Department Professor Tony Ruth agrees Green Economics began to impacts on mainstream economics. The specialists who attended the Oxford Conference reached consensus on this.

According to report, founder of Green Economic Institute Miriam Kennet introduced Green Economics' progress, methodology, research areas, research results, and future directions in the conference. United Nations Environmental Programme (UNEP) Officer also introduced the progress and directions of Green Economics research at United Nations.

Zhang Ying commented, "Green Economics involves the use of theories and methodology from environmental economics and ecological economics, to analyse social, developing economies' demographic, resources and environmental problems. In narrow sense, it is the process of ‘greening' economics, looking from resources, environments, and sustainable developments perspectives, to achieve reduce pollution, lower resource consumption, economic development, stimulate society and economy for robust growth. Zhang Ying believes, the core element of Green Economics is the process of ‘greening' economic activities to achieve harmless, Fair, Justice in society, economy and the environment. Green Economics develops beyond the borders of mainstream economics, including a wide range of disciplines, i.e. the social system. The implementation of Green Economics currently includes: Green Innovation, Green Accounting, Green I.T, Green Construction and Investment, biodiversity prevention, poverty prevention, climate change, low economic growth management, Green Projects and Manufacturing, and also Green Profits.

Source: Green China Times Reporter:

August 2009 Tie Zheng

Translator: Charles Li