ABSTRACT
This chapter describes the green economy could provide such a new development path, or whether it is what Lander has termed 'a wolf in sheep's clothing' the 'wolf' being green neo-liberal capitalism. For the last three years the United Nations Environment Programme (UNEP) has promoted a 'moderate' vision of a low-carbon, resource-efficient and socially inclusive green economy. 'A green economy results in improved human wellbeing and social equality, while significantly reducing environmental risks and ecological scarcities'. However, its latest formulation is far more radical, with an emphasis on providing capital with incentives to change by arguing that economic growth and profits could be even bigger with a green economy. The notion of a green economy first entered South African policy discourse in the State of the Nation Address by President Zuma in 2010 as part of the vision for a New Growth Path.
