Green Economy!
Group Number :- 01 Group Members :1. Marampally Saikiran 10213008 2. Mekala Sasivardhan Naidu 10213009
Layout!
1. 2. 3. 4. Definition of Green Economy. Why Green Economy. Sustainable Development. Triple bottom line.
5. Green Economy Sustainable Development.
Green Economy!
What is it all about..?
Definition of Green Economy :A Green Economy is one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.
Source : - United Nations Environment Programme (UNEP) (2010).
Definition ( continued..!)
o A green economy is an economy or economic development model based on sustainable development and a knowledge of ecological economics. o Green economy includes green energy generation based on renewable energy to substitute for fossil fuels and energy conservation for efficient energy use.
Why Green Economy...!
Direct valuation of natural capital and ecological services as having economics value. We depend on the earths natural resources, and therefore we must create an economic system that respects the integrity of ecosystems and ensures the resilience of life supporting systems. It is a Fundamental Challenge..!
Whats so special about it..!
Sustainable Development..!
Definition :A pattern of growth in which resource use aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come . (ELF-Environment, Local people, Future).
Is there anything that is sustainable?
Concept of Sustainable Development : Triple bottom line.
1) Environmentally Sustainable.. 2) Socially Sustainable.. 3) Economically Sustainable..
Source :- The Global Citizens Centre, led by Kevin Danaher,
Triple Bottom Line
Environmentally Sustainable!
Environmentally sustainable, based on the belief that our biosphere is a closed system with finite resources and a limited capacity for self-regulation and self-renewal. Respect the integrity of ecosystems and ensures the resilience of life supporting systems.
Triple Bottom Line
Socially Sustainable !
Socially just, based on the belief that culture and human dignity are precious resources that, like our natural resources, require responsible stewardship to avoid their depletion.
All people have access to a decent standard of living and full opportunities for personal and social development.
Triple Bottom Line
Economically Sustainable!
Based on the belief that an authentic connection to place is the essential pre-condition to sustainability and justice.
The Green Economy is a global aggregate of individual communities meeting the needs of its citizens through the responsible, local production and exchange of goods and services.
Green Economy Sustainable Development..!
Points of Focus.
Renewable energy for a Green economy . Idea of Green economy in India Treaties Signed on Sustainable Growth
A few Green Strategies
Strengths and Weaknesses
Renewable energy for a Green economy
Clean Energy Environmental ,Economical and Communal benefits. Exhausting Fossil fuel reserves Wind and Solar power are two outstanding sources Environmental and Health impacts of Fossil fuels.
Trends.
Idea of Green Economy in INDIA!
Transition has begun
Rise in green innovation ,Investment in Green Economy
India being rated as the third most attractive country for renewable energy investment. Indian industry and MNCs have already started looking at corporate environmental impact, to avoid business risk, international investment pressure and their own corporate social responsibility.
The Need
Its the only way to sustainable development and poverty alleviation. By 2100 Indian GDP will be negative (9-13) due to climate change effects. We are now becoming the victims of Environmental issues affecting peoples health. Climate changes : we are still heavily dependant on Monsoon and Himalayan glaciers. Increasing population.
Retreat of Gangotri Glacier.
Factors that can Contribute
Increase public awareness and the case for change Promote new indicators that complement GDP Open up government decision-making processes to the public and civil society. Political leadership
Treaties Signed
The German Renewable Energy Act :
It was designed to encourage cost reductions based on improved energy efficiency. The Act came into force in the year 2000 and gave a boost to the use of Green Energy. around 17% of electricity, 8% of heat and 6% of fuel used in Germany is generated from renewable sources 110 million metric tons of CO2 emissions were cut due to the use of renewable energies only during 2010. The renewable energy industry employs today more than 350,000 people in Germany (up from 30,000 people in the year 1998).
EXAMPLES
China invests highest than any country . Its wind capacity grew by 64% in 2010. Mexico city made a major effort to develop BST(bus rapid transit). Namibia granted permission to the public to make use of wildlife and resources within the bounds of communal conservancies.
Pros
& Cons
Weaknesses
High costs for research and development Fear in developing countries on its affects High future commercial rates
Strengths
Conserves our Ecosystem Sustainable growth Poverty alleviation Creates Jobs Futuristic view of the Economy
Increased Marketing expenses for Green Energy
