Thematic Report: Green Economy for the ecofriendly futureby Sandhya Adhikari | 10-08-2021 01:05 |
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  It is obvious that Humanity is going to faces serious challenges in the coming decades: climate change, biodiversity loss, growing inequality, and more than these all. These systemic, predictable global crises cannot be tackled in isolation, because they are all interconnected with each other. These all has led everyone to make a claim that the traditional economic models need to be reformed in order to address climate change, biodiversity losses, water scarcity, etc., while at the same time addressing key social and economic challenges. The recent economic and environmental crisis also suggests us that the time is ripe for governments around the world to implement a new kind of economy, which is resilient, sustainable, operates within the limits of our planet¡¯s resources and creates a fairer society So the concept of green and circular economy can be the promising approach for the eco friendly future.  The Green Economy is an alternative vision for growth and development; one that has ability to generate economic development and improvements in people¡¯s lifestyle in ways consistent with addressing environmental and social well-being. The inclusive green economy is one that improves human well-being and builds social equity while minimizing environmental risks and scarcities. An inclusive green economy is an alternative to today's dominant economic model, which exacerbates inequalities, encourages waste, triggers resource scarcities, and generates widespread threats to the environment and human health. It is an absolute opportunity to advance both sustainability and social equity as functions of a stable and prosperous financial system within the contours of a finite and fragile planet. It is milestone pathway towards achieving the goal 2030 Agenda for Sustainable Development, eradicating poverty while safeguarding the ecological thresholds, that underpin human health, well-being, and development. One of the principle of green economy also prioritize on the safeguarding, restoring and investing in the nature. It acknowledge the limited substitutability of the natural capital with other capitals. It also invests in protecting, growing and restoring biodiversity, soil, water, air and natural system from the degradation.  Hence the inclusive green growth offers an optimistic, realistic alternative to countries looking for new sources of growth that make economic, environmental and social sense efficient, socially acceptable and sound. Green growth is not a replacement for sustainable development. Together with innovation, going green can be a long-term driver for economic growth and environmental protection. References: P.s: All the images has been used from the google site
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