Global Green Economy Index Reveals Gap between Reality and Perception

by Vikas Vij
Oct 30, 2014 5:00 PM ET
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The just-released fourth edition of the Global Green Economy Index provides a detailed evaluation of how 60 countries and 70 cities are performing in terms of creating more eco-friendly economies. Interestingly, the report also provides insights into how certain developed countries, including the United States, rank significantly higher in terms of their global perception as the leading green economies, while in reality their performance does not quite match up to that standard.

The study, produced by Dual Citizen, LLC, a U.S.-based consultancy, has evaluated countries on every continent. It found that the Scandinavian countries, along with Germany, clearly outperformed others in terms of promoting green economies. Sweden and Norway topped the list of actual performance, with Costa Rica ranking third, and Germany and Denmark rounding out the top five positions. China ranked low at 55, while the U.S. came in close to the middle, ranked at 28.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.