Green Economy is the economy wherein sustainable society exists with zero carbon emissions and a one-planet footprint. Here, naturally restored renewable resources are utilized to acquire energy.
A green economy is applicable to people, planet and profits at the micro and macro-economic level of all organizations. Meanwhile, the foundation of “Black” energy economy exists with carbon-intensive fossil fuels such as petroleum and coal. On the other hand, a low-carbon economy is different from a green economy as carbon emissions are still created by it.
Here, the infrastructure is completely powered by renewable energy. It utilizes green energy technologies and also regulates the carbon market in order to build up a sustainable green economy.
Green economy can contribute to balance our ecosystems, biological diversity and forests creating sustainable model of governance, business models and markets wherein sustainable ecosyst…