Question

The June 2012, Rio + 20 conference on sustainable development advocated the "green economy" model. In whose book the term 'green economy' was coined? 
1. Amartya Sen, D. Friedman, Samuelsan
2. D. Pearce, A. Markandya, E. Barbier
3. I. Quadeer, W. Berry, N. Hatekar
4. D. Greenberg, J Taylor, Schmidth

Answer 1

Correct Answer - Option 2 : D. Pearce, A. Markandya, E. Barbier

The correct answer is D. Pearce, A. Markandya, E. Barbier.

• In 1989, The book 'Blueprint for a Green Economy' was published by David Pearce with Anil Markandya and E Barbier.
• David William Pearce was a pioneer of environmental economics having published over fifty books on the subject, including his 'Blueprint for a Green Economy' series.
• David Pearce was awarded from Global 500 Roll of Honour by the United Nations Environment Programme in 1989 and the 'Lifetime Achievement Award'.
• The economist Edward Barbier published the study The Concept of Sustainable Economic Development in 1987.

•  About Green Economy - The term green economy was first coined in a pioneering 1989 report for the Government of the United Kingdom by a group of leading environmental economists.
  • The report was commissioned to advise the UK Government if there was a consensus definition to the term "sustainable development" and the implications of sustainable development for the measurement of economic progress and the appraisal of projects and policies.