Embracing green growth can secure strong, stable and sustainable development. Green growth recognises
and integrates the value of natural capital into economic decision-making and development planning,
which is critical to avoid natural capital depletion, the worst of climate change and social and national
security risks (OECD, 2013). This is particularly true for developing countries, because of their
dependence on natural assets and acute exposure and vulnerability to environmental risks, ranging from
air, water and soil pollution, as well as natural resource scarcity and extreme weather events exacerbated
by climate change. A green growth policy framework recognises and aims to address both micro- and
macro-level pressures that countries face to grow their economies, while also managing environmental
risks. In poorer developing countries, micro-level pressures may include lack of access to basic services
such as shelter, fuel, water; while macro-level pressures are threats to stable livelihoods due to...
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