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Economic Benefits
Economic benefits of green economy are:
• It brings economic growth through the establishment of new markets for biofuels and other renewable energy
resources.
• This will develop new markets with specialised, trained and skilled manpower.
• Creation of more eco-friendly industries will bring more employment, security and stability in the society.
• Agriculture industry will also believe in promoting the growing of pesticides and chemical free crops.
Social Benefits
Social benefits of green economy are:
• It improves the health and well-being of the society which increase the productivity of the country and reduce
the costs of health care.
• It improves livelihood status and poverty rate.
• It reduces environment related health problems.
Green Skills
The specialised skills which are important for building or developing Sustainable Green Economy are called Green
Skills. Learning green skills is one of the major ways to enhance knowledge, abilities, values, and attitudes to
develop and support organisations that focus on improving environmental conditions.
With scientists all across the globe repeatedly warning about how our environment is being seriously damaged by
our actions, it has become necessary for us to learn the importance of implementing Green Skills in all possible ways.
The government of India launched the Green Skills Development Programme (GSDP) in India in the year 2017.
This was started by the Ministry of Environment, Forest and Climate Change MoEFCC in partnership with National
Skill Development Agency (NSDA). It aims to develop green skilled workers having technical knowledge and
commitment to sustainable development. It will help in attainment of Nationally Determined Contributions
(NDCs), Sustainable Development Goals (SDGs), National Biodiversity Targets (NBTs) and Waste Management
Rules 2016.
Some of the areas in which green skills contribute to the sustainable development are as follows:
• using renewable energy (example, using solar power and wind energy)
• water and waste management
• rain water harvesting
• conserving energy
• reducing pollution
Green skill is crucial for making a transition from energy and emissions-intensive economy to cleaner and greener
production and service. It also prepares people for green jobs that contribute to preserving or restoring the quality
of the environment, while improving human well-being and social equity. Many technologies have been developed
to make use of solar energy, such as solar lights, solar cookers, solar water heaters, etc. The installation of the solar
panels and appliances requires engineers and technicians.
Environmental change can be seen as an important factor that affects labour demand and skills supply across all
sectors, such as Automotive, Retail, Electronics, Power, Construction, etc., which impacts the economy. Green Skills
thus, are the skills that aim to balance economic development with environmental conservation so that the needs
of the society, economy and environment are efficiently met, with minimum damage to the environment.
Knowledge and skills needed for managing resources and supporting efficiency.
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