THE GREEN ECONOMY AS THE VECTOR FOR SUSTAINABLE DEVELOPMENT

Based on the distinction between economic growth and development, this study aims to delineate, based on various existing theoretical doctrines, the way the economy has been carrying forward the environmental crisis currently plaguing everyone. It will be demonstrated further that the notion of sustainable development emerges as the most appropriate alternative to harmonize the maintenance of economic development without compromising, while the right of present and future generations have, at their disposal, a means ecologically balanced environment. Finally, we reach the conclusion that the so-called Green Economy (backed in the premises of the decrease in carbon emissions, increasing energy efficiency and minimizing losses of biodiversity) appears as a link to catalyze development that craves sustainable.