LOIDA C. TORREPALMA
BSBA-4A

“GREEN ECONOMY” TO “BLUE ECONOMY”
Reaction Paper

Color-coding in the environment field quit confusing partly because it is applied on ecosystems, infrastructure, services, economies, and other subjects. For ecosystems, “green” refers to terrestrial ecosystem and “blue” for marine ecosystem.
In the United Nations made “Green Economy is viewed in the context of sustainable development, as the type of economy that “ should contribute to eradicating poverty, as well as sustained economic growth, enhancing social inclusion, improving human welfare and creating new opportunities for employment and decent work for all, while maintaining the healthy functioning of the earth’s ecosystem. On the other hand “Blue Economy” started promoting by PACIFIC SIDS, which focuses on the marine environment. For the PACIFIC SIDS, “green economy” is a “blue economy” that prominently features ocean; it also concerns to increase their share of benefits from the use of their marine living resources and building the resilience of marine ecosystem s to the impact of climate change and ocean acidification.
In this article, the marine environment gives more emphasize than the green environment. For me although various countries have different priorities- blue, brown or whom so ever that represent varied types of concerns in the general acceptance they have the common goal to crate opportunities for employment and to take care the environment. We as entrepreneur, or business man/men are needed to be concern with the environment, not only earned for ourselves but we need to considered and protect them whether it is terrestrial ecosystem or marine ecosystem. And promote jobs which help to the environment