Strategic Transformational Transition of Green Economy, Green Growth and Sustainable Development

Abstract

This article analyzes a strategic transformational transition of the green economy, green growth, and sustainable development from the institutional perspective. The analysis begins by questioning the implications of the concepts and principles of green economy, green growth and sustainable development from different perspectives in the transformational transition considering the investment, trade, and capacity building though the design and implementation of strategies and policies as well as measures from an institutional analysis. The methodology followed was the analytical review of the literature to derive inferences, challenges, proposals and conclusions. It is concluded that the green economy concept addresses current challenges delivering economic development opportunities and multiple benefits for the welfare of all human beings.