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Definition

Growth that is efficient in its use of natural resources — clean in that it minimizes pollution and environmental impacts and resilient in that it accounts for natural hazards, as well as the role of environmental management and natural capital in preventing physical disasters. It involves fostering economic growth and development, while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies.

Source(s)

Adapted from Asian Infrastructure Investment Bank (AIIB), "Environmental and Social Framework," 2021, View the PDF; Organisation for Economic Co-operation and Development (OECD), “What Is Green Growth and How Can It Help Deliver Sustainable Development? - OECD,” 2012, View the Website.