At first glance looking at the issue of a Green Economy seems unheard of and unrealistic in these times of economic uncertainty. The main purpose of this blog will be to learn about the issue and see how it can be effective in developing nations.
The concept of Green Economy is novel and has been mainly been brought into light under the Green Economy Initiative formulated the United Nations Environmental Programme. They came up with a definition which reads as an economy " that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities."
Click on this link to learn about this initiative
Now the important issue to realise is the link between a Green Economy and Poverty. A great case-study on this issue is the India's National Rural Employment Guarantee Act(NREGA) Programme. The main objective of this programme is enhancing the livelihood security of people in rural areas by guaranteeing hundred days of wage-employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work. This has now expanded to over 615 rural villages and touched the lives of 30 million on average annually.
Blog about a initiative you have heard about...or something that will generate a leaner and greener economy while tackling poverty as well.
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ReplyDeleteI believe Sri Lanka has taken the step towards a more sustainable economy or what we can call green economy.
ReplyDeleteThey brought in a 0% tax on Hybrids which are run on solar power. These cars are brand new (Toyota: Cammry and Prius and Some others such as Honda's new series etc) and can be termed relatively high performance.
This will boost the standard of living in Sri Lanka as a Hybrid now costs only 1.5 million Rupees and is quite affordable when compared with the previous price which adds on another 200% odd tax.
Although this may not contribute towards eradicating poverty it is a step towards establishing a green economy which is the foundation for the eradication of poverty a menace which south asia needs to get rid of.