GREEN ECONOMY AND ITS IMPORTANCE

The green economy is defined as economy that aims at making issues of reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus.   This would mean that without compromising on the ecological aspects we create options that  promote the economy. According to UNEP (United Nations Environment Program) a green economy  is defined as low carbon, resource efficient and socially inclusive. In a green economy, growth in  employment and income are driven by public and private investment into such economic activities,  infrastructure and assets that allow reduced carbon emissions and pollution, enhanced energy and  resource efficiency, and prevention of the loss of biodiversity and ecosystem services. These green  investments need to be enabled and supported through targeted public expenditure, policy...

Green Economy will help maintaining resources for present use as well as for future generation while also ensuring that more employment and investment options are created to promote economic growth of the country. A green economy will be future ready. A green economy will observe less health concerns and promote healthy life style with use of best technology to grow.   In a  green economy ,  growth  in employment and income are driven by public and private investment into such  economic  activities, infrastructure and assets that allow reduced carbon emissions and pollution, enhanced energy and resource efficiency, and prevention of the loss of biodiversity and ecosystem services.