Student: Huseynova Vafa

Group: 332i
Subject: Ecology Management
Teacher: Mecidli Kamilla Ehliman
 Balancing the Environment and the Economy
Balancing the environment and the economy
means growing businesses and improving
people’s lives without harming nature.
Here’s how we can do it:

Use Clean Energy: Switch to energy like solar

and wind instead of polluting fuels.
Waste Less: Reuse and recycle materials to save
resources.
Support Green Choices: Help businesses that
care for the environment and create eco-friendly
products.
What’s the connection between environment and ecology?
The environment and the economy are
connected because we need nature for so
many things we use every day. We get
resources like water and wood from the
environment to make products and run
businesses. A lot of jobs like farming and
fishing depend on a healthy environment. If
we damage nature it can lead to problems
like climate change which can be expensive
and hurt the economy. When we take care
of the environment it helps the economy
and when the economy is strong we can do
more to protect nature.
What’s the balance between the Environment, Equity and Economy?

The balance between the environment, equity, and economy is

about making sure we protect nature, treat people fairly, and grow
businesses without causing harm.
Environment means taking care of the planet by reducing
pollution, saving resources, and fighting climate change.
Equity means ensuring everyone gets a fair share of opportunities
and benefits, especially people who are often left out or face
struggles.
Economy means creating jobs, growing businesses, and improving
living standards.
Balancing these means finding ways to grow the economy and
help people without damaging nature or leaving anyone behind.
It’s about building a future that works for everyone and the planet.
How does helping the environment help the economy?
Helping the environment helps the economy because a healthy
planet gives us what we need to live and work.
Protecting Resources: When we take care of nature, we make
sure there’s enough clean water, healthy soil, and other
resources for farming, fishing, and industries to keep going.
Creating Green Jobs: Investing in clean energy like solar and
wind power creates new jobs and industries.
Saving Money: Reducing pollution and waste can lower
healthcare costs and prevent expensive problems like natural
disasters caused by climate change.
Boosting Tourism: Clean and beautiful natural spaces attract
visitors, which helps local businesses.
A healthy environment supports strong businesses, good jobs,
and lower costs, making the economy better for everyone.
How does environmental change affect the economy?
Environmental changes can hurt the economy in
several ways:
Damage to Resources: Droughts or pollution can
harm crops and fish, leading to higher prices and job
losses.
Natural Disasters: Storms, floods, and wildfires can
destroy homes and businesses, costing a lot to
rebuild.
Health Costs: Pollution and extreme weather can
make people sick, raising healthcare costs.
Business Struggles: Changes in climate can hurt
industries like farming and tourism.
Lost Opportunities: Areas affected by environmental
changes may lose jobs and businesses.
What are the 3 pillars of ESG?
The three pillars of ESG are:
Environmental: How a company cares for
the planet, like reducing pollution and
using clean energy.
Social: How a company treats people,
including workers, customers, and
communities, ensuring fairness and
respect.
Governance: How a company is run,
making sure it's honest, fair, and
transparent in its decisions.
Can environmental concerns and economic coexist?
Yes, environmental concerns and economic
growth can go together. Here's how:

Clean Energy: Using things like solar and

wind power creates jobs and helps the
planet.
Efficiency: Saving resources like water and
energy can save money and reduce
pollution.
New Technologies: Creating eco-friendly
products can lead to new businesses and
jobs.
Green Businesses: Companies that care
about the environment can still grow by
selling products that people want.
Some interesting facts:
Renewable Energy Jobs: The renewable energy
sector, like solar and wind power, is one of the
fastest-growing industries in the world. In 2020, the
renewable energy sector employed over 12 million
people globally, showing that protecting the
environment can create jobs.
Green Tech Innovations: Companies are making
money by inventing eco-friendly products. For
example, electric vehicles (EVs) are becoming more
popular, reducing pollution while creating new
businesses and jobs in the auto industry.
Cost of Climate Change: The damage caused by
climate change, like extreme weather events and
rising sea levels, is already costing economies
billions of dollars. For example, Hurricane Katrina
caused $125 billion in damage in 2005, showing that
ignoring the environment can be very costly for
economies.
Green Buildings: Buildings that are designed to be
energy-efficient and use sustainable materials save
money in the long run. For example, green buildings
use less energy, which lowers utility bills and
reduces carbon footprints.
Circular Economy: Companies like IKEA and
Patagonia are creating products designed to be
recycled, reducing waste and boosting business.
Trees Save Billions: Protecting forests could save
up to $5 trillion annually by reducing climate change
impacts and preventing floods.
Plastic Recycling Pays: The global plastic recycling
market was worth $37 billion in 2020 and is growing
as more companies use recycled materials.
Eco-Friendly Cities: Cities like Copenhagen are
focusing on sustainability, attracting businesses and
tourists, and creating new jobs.
Green New Deal: A study found that a Green New
Deal could create up to 20 million jobs in the U.S. by
focusing on clean energy and reducing emissions.
Reforestation’s Economic Impact: Reforesting the
planet could boost the global economy by $7.3 trillion
by 2050, while reducing climate change costs.