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Walter Leal Filho Diana-Mihaela Pociovalisteanu Abul Quasem Al-Amin Editors Sustainable Economic Development Green Economy and Green Growth World Sustainability Series Walter Leal Filho Diana-Mihaela Pociovalisteanu Abul Quasem Al-Amin Editors Sustainable Economic Development Green Economy and Green Growth 123 World Sustainability Series Series editor Walter Leal Filho, Hamburg, Germany [email protected] More information about this series at http://www.springer.com/series/13384 [email protected] Walter Leal Filho Diana-Mihaela Pociovalisteanu Abul Quasem Al-Amin Editors Sustainable Economic Development Green Economy and Green Growth 123 [email protected] Editors Walter Leal Filho Diana-Mihaela Pociovalisteanu HAW Hamburg Faculty of Economics and Business Hamburg Administration Germany “Constantin Brancusi” University of Targu-Jiu and Targu-Jiu Romania Manchester Metropolitan University Manchester Abul Quasem Al-Amin UK International Business School (IBS) Universiti Teknologi Malaysia (UTM) Kuala Lumpur Malaysia ISSN 2199-7373 ISSN 2199-7381 (electronic) World Sustainability Series ISBN 978-3-319-45079-7 ISBN 978-3-319-45081-0 (eBook) DOI 10.1007/978-3-319-45081-0 Library of Congress Control Number: 2016949567 © Springer International Publishing Switzerland 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland [email protected] Preface There are at present many attempts to seek effective ways to foster sustainable development on the one hand, and economic growth on the other. Many countries are now pursuing the so-called green growth, often described as the “circular economy” and trying to green their economies. But even though this topic is important, there is a lack of clarity around what green economy policy measures encompass, and how green growth related to sustainable economic development and poverty eradication can take place. This book addresses this knowledge gap. It illustrates many experiences in designing, implementing and reviewing the costs and benefits of green economy policies. The emerging practices, which this book identified and disseminates, will help to provide some important insights and much-needed clarity regarding the types of green economy policy measures, and the institutional barriers, risks and implementation costs associated with them. The body of knowledge generated by this book will be very useful in offering guidance and in addressing concerns on how to foster the integration of green economic policies and green growth with national economic and social priorities and objectives. The following elements can be found in many of the chapters of this book: • principles and practices of green growth • the implementation of green economy strategies • the role of ecosystem services • socio-economic issues • economic growth and poverty eradication • aspects of policy and governance We thank the authors for their willingness to share their knowledge, know-how and experiences, as well as the many peer reviewers, who have helped us to ensure the quality of the manuscripts. Enjoy your reading! Hamburg, Germany Walter Leal Filho Targu-Jiu, Romania Diana-Mihaela Pociovalisteanu Kuala Lumpur, Malaysia Abul Quasem Al-Amin Winter 2016/2017 v [email protected] Contents Industrial Symbiosis: An Innovative Tool for Promoting Green Growth................................... 1 Angela Albu Socio Economy Impact in Relation to Waste Prevention ............. 31 Antonis A. Zorpas, Irene Voukkali and Pantelitsa Loizia Ways of Fostering Green Economy and Green Growth.............. 49 Begum Sertyesilisik and Egemen Sertyesilisik The Relevance of Cultural Diversity in Ethical and Green Finance ........................................... 67 Emese Borbély Green Agriculture in Hungary: The Factors of Competitiveness in Organic Farming .......................................... 83 Csilla Mile Why Sustainable Consumption Is Not in Practice? A Developing Country Perspective .............................. 103 Farzana Quoquab and Nurain Nisa Sukari Managing Sustainable Consumption: Is It a Problem or Panacea? .... 115 Farzana Quoquab and Jihad Mohammad Brazilian Public Policies and Sustainable Development that Influence the National Bioindustry........................... 127 Elias Silva Gallina, Lianne de Oliveira Cruz and Fernanda Matias Sustainable and Economical Production of Biocellulose from Agricultural Wastes in Reducing Global Warming and Preservation of the Forestry ................................ 141 Ida Idayu Muhamad, Norhayati Pa’e and Khairul Azly Zahan vii [email protected] viii Contents Urban Agriculture in the Manguinhos Favela of Rio de Janeiro: Laying the Groundwork for a Greener Future..................... 155 Lea Rekow Sustainable Finance Role in Creating Conditions for Sustainable Economic Growth and Development ............................. 187 Magdalena Ziolo, Filip Fidanoski, Kiril Simeonovski, Vladimir Filipovski and Katerina Jovanovska The Role of Social and Environmental Information in Assessing the Overall Performance of the Enterprise ............. 213 Camelia Catalina Mihalciuc and Anisoara Niculina Apetri Greening the Economic Growth in Romania: the Environmental Footprint Approach .......................... 233 Florian Marcel Nuţă and Alina Cristina Nuţă Transition to Green Economy: Green Procurement Implementation Strategies Experiences from Hungarian Public and Private Organizations ............................... 243 Orsolya Diófási-Kovács and László Valkó Sustainable Economic Development: Green Economy and Green Growth. Analysing Economic Growth and Identifying Sensible Measures Addressing Socio and Environmental Concerns Whilst Promoting Green Growth...................................... 259 Paul Saliba Understanding the Challenges Involved in Transitioning to a Low Carbon Economy in South Asia......................... 273 Tapan Sarker Explanatory Factors of Social Responsibility Disclosure on Portuguese Municipalities’ Websites........................... 293 Verónica Paula Lima Ribeiro, Sónia Maria da Silva Monteiro and Ana Maria de Abreu e Moura Development of Green Economy in Belarus—New Possibilities........ 321 Siarhei Zenchanka [email protected] Industrial Symbiosis: An Innovative Tool for Promoting Green Growth Angela Albu Abstract In actual context it is becoming more apparent that economic activities are inconceivably linked with the environment, a fact that is generating the need for a more complex relationship between the economy and ecology. We need to arrive at a reconciliation between the desire for economic and social development on the one hand, and environmental protection on the other. The concepts of industrial ecology and industrial symbiosis are providing viable solutions to economic growth without sacrificing environmental quality. The implementation of industrial symbiosis in the economy represents an innovative method to promote green economy and to create a new culture of economic growth. The chapter will present the concepts of industrial ecology and industrial symbiosis in the context of eco-innovation, the advantages and limitations in their implementation, and some significant case studies with positive results in promoting green growth through industrial symbiosis. Keywords Industrial ecology Á Industrial symbiosis Á Eco-design Á Green growth A. Albu (&) Faculty of Economics and Public Administration, University “Stefan cel Mare” Suceava, Suceava, Romania e-mail: [email protected] © Springer International Publishing Switzerland 2017 1 W. Leal Filho et al. (eds.), Sustainable Economic Development, World Sustainability Series, DOI 10.1007/978-3-319-45081-0_1 [email protected] 2 A. Albu 1 Introduction From the first stages of the development of human society, all human activities were developed in the environment and used environmental resources. For a long period of time, the equilibrium between the impact of human actions on the environment and its ability to maintain its natural features was kept. However, the intensification of development, the new industries, products, by-products, pollutants, the huge increase in transportation, demand of resources and many other reasons have led to the deterioration of the environment to the point where it can no longer be restored. Human society has to evolve and the future generations have the same rights as past and actual generations regarding access to a clean environment and to natural resources. This
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