Towards Greener Economy

A green economy is a low carbon, resource efficient and socially inclusive economy, according to United Nations Environment Programme (UNEP). Such an economy seeks to drive employment and income growth through public and private investment into economic activities, infrastructure and assets that allow reduced carbon emissions and pollution. It also aims to enhance energy and resource efficiency, as well as prevent the loss of biodiversity and ecosystem. That means sustainable consumption and production – that not only aims at minimising waste generation and emissions but also encourages society to consume no more than needed – are the hallmarks of a green economy. Such practices lead to the improvement in production process and reduction in the exploitation of natural resources, which are, of course, finite.