Green Economy for Sustainable Development: Japan should lead the policy shift towards global poverty alleviation
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Abstract
The present socioeconomic activities of developed countries are in excess of environmental carrying capacity. Accordingly, the adoption of environmental taxes and payment for ecosystem services (PES) schemes that reflect the consumption of ecosystems services and environmental services on economic activities is required to establish a genuine green economy model that is compatible with environmental carrying capacity of the Earth. The creation of such a model calls for shifting away from values that excessively seek convenience and reconsidering lifestyles dependent on mass production and mass consumption.