An economy based on or guided by environmentalist principles; (also) the economic sector devoted to products and services which are intended to minimize or remediate harm to the environment.
Origin
1980s; earliest use found in Theory & Society.
Definition of green economy in US English:
green economy
noun
An economy based on or guided by environmentalist principles; (also) the economic sector devoted to products and services which are intended to minimize or remediate harm to the environment.