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UNIT-5





                                                                       GREEN SKILLS-III

















                             Learning Outcomes



                •  What is a ‘Green Economy’?                            •  Sectors of a Green Economy
                •  Renewal Energy                                        •  Green Economy Policies
                •  Stakeholders in Green Economy                         •  Government and Private Agencies
                •  Examples of Green Projects in India



              As we need  new  approaches that  can  protect  our  environment promote environmentally sustainable economic
              development. This type of approaches are comes under green economy. The term ‘Green Economy’ was first coined in
              1989.
              In this unit, we will learn about green economy, its sectors and its policies. Next, we will learn about stakeholders in green
              economy, government and private agencies. At the end of this chapter, you will learn about green projects in India.


                      What is a ‘Green Economy’?

              The term ‘green economy’ refers to a low-carbon, resource-efficient and socially inclusive economy. In a green economy,
              public and private investment in economic activities, infrastructure and assets that allow for lower carbon emissions and
              pollution, improved energy and resource efficiency and the preservation of biodiversity and ecosystem services drive
              employment and income growth.
              A green economy does not replace sustainable development; rather, it places a fresh emphasis  on the economy,
              investment, capital and infrastructure, jobs and skills, and beneficial social and environmental consequences throughout
              Asia and the Pacific. Targeted public spending, policy reforms and changes in taxation and regulation are all needed to
              enable and promote these green initiatives. The Green Economy is a macroeconomic approach to long-term economic
              growth that emphasizes investments, job creation and skill development.

                                                       GREEN ECONOMY MEANS



                                                       +                   +




                                         Low Carbon       Resource Efficiency    Social Inclusivity
                                           Growth

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