green economy by mansur khan c.docx

7/27/2019 Green Economy By Mansur Khan c.docx

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Green Economy

Definition:

A green economy can be seen as an alternative vision for

the growth and development, which can generate an

improvement in peoples lives in a way that is consistent

with a sustainable development.

United Nation Environment Program defines a green

economy as:

A green economy is characterized bysubstantially increased investment in a

economic sector that build on & enhance theearth natural resources & reducing the

ecological scarcities and environmental riskFrom the above definitions we can evaluate two factors:

1.Green economy is an economy or economicdevelopment model based on a sustainable

development and knowledge of environmentaleconomics.


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2.Green economy includes green generation, based onrenewable energy to substitute fossil fuel and energy

conservation for the efficient energy use.

The economy of any country must provide its peoples

with the basic for a good life. But, the noticeable thing is

that we cant have a healthy life without a healthy

planet, and the food, clean air, and fresh water it gives

us. If our economy damages the environment, our quality

of life is affected.

A green economy is a one that respects the natures limit

and delivers a good quality of life for all people rich to

poor.

Fundamentals of a Green economy:

Environment friendly

Being resourceful

Using resources only when needed

Alternate forms of the energy

RecyclingUsing less environment damaging products

Reduce carbon footprints and GHGs


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Sustainable Development:

Sustainability means to meet the requirement of

today without deteriorating the quality of life for

future generations

Development means to enhance the establishment

or to make a new establishment in a country

So,

Sustainable development would be a pattern of

growth in which resource use aims to meet the

human needs while preserving the environment, so

that these needs can be met only in the present,

But, also for the future generations to come.

WHY WE NEED A GREEN ECONOMY AN ISSUE

A global economy is driven by natural resources

like coal, oil and gas, metals and minerals. This

is putting a massive strain on our environment

and economies as well. GHGs are building up inthe atmosphere. Communities are being

devastated by the mining and logging. Rich

countries are gobbling up the world resources.


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To change this, we need to change the way our

economy works. We need to transform what

industries makes and do, what we buy and howhome and car powered are. A green economy

would be fair to the people and good for the

economy.

Green economy helps in creating jobs. Green economy helps in fighting the

climate change.

Green economy helps in promoting lowcarbon energy resources over a fossil fuel.

Green economy helps in protecting thenatural world.

Pros ConsConserve our ecosystem High cost for research and

development

Sustainable growth Fear in developing countriesof its effect.

Poverty AlleviationHigh future commercial

rates

Futuristic view of

economy

Increased marketing

expenses for a green energy


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green economy by mansur khan c.docx

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