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This paper provides an account of green economy initiatives, exploring national strategies, policy options and effectiveness so far in some developing countries. The concept is recognised as a possible path to achieving global financial stability. The article indicates that different courses of active steps have been initiated which varies from country to country, depending on their level of development, institutional capacity, government framework and resources. This paper identifies green economy national initiatives and policies along with its effectiveness in selected UN member states, namely Croatia, Ethiopia, Kenya, Thailand and Guyana. The '6 Is' policy categories were applied as the assessment framework for evaluating the different policy measures implemented in the selected countries.
Megwai et al. (Fri,) studied this question.