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Dinesh Babu Pugalenthi

What is Green & Blue Economy?


Green Economy - system of economic activities Production, distribution and consumption of goods and services results in improved human wellbeing over the long term.
Green economy is nothing but reducing the consumption of fossil fuels by promoting renewable energy resources like wind, solar, bio-fuels.

Opportunities & Challenges


Opportunities

Jobs in green economy

Challenges

Role of major sectors

Jobs in green economy


Renewable energy provided jobs - 2.3 million people in recent years and offers tremendous potential for more jobs. In the agriculture sector, 12 million can be employed in biomass for energy and related industries. Transition to energy-efficient buildings the world over would create millions of jobs. The potential in the developing countries is much higher. Recycling and waste management sector, which employs around 10 million Investments in improved energy efficiency in buildings could generate an additional 2-3.5 million green jobs in Europe and the US alone people in China and 5,00,000 in brazil, is expected to grow rapidly in many countries in the face of escalating commodity prices.

Energy Efficient automobiles Wind power jobs

Solar Power jobs Alternative Fuel Jobs

Challenges
Cost of implementing

Availability of Resources

Role of major Sectors in green economy


Carbon accounting off shoring Advanced bio-fuels Smart grid Geo thermal energy Green Chemistry Green manufacturing Solar energy Sustainable agriculture Sustainable green retailing Wind energy

Influence in Indian Economy


The industrial sector is one of the main sectors that contribute to the Indian GDP. The country ranks fourteenth in the factory output in the world. The industrial sector accounts for around 27.6% of the India GDP and it employs over 17% of the total workforce in the country. The Services Sector contributes the most to the Indian GDP. The Sector of Services in India has the biggest share in the country's GDP for it accounts for around 53.8% in 2005. The contribution of the Services Sector in India GDP has increased a lot in the last few years.

Proposed Guidelines for Policy Makers in India

Financial support and sponsorship for research and development in renewable energy technologies. Compulsory installation of solar water heating systems for all urban residential and commercial establishments. Mandatory renewable energy systems provision for new residential, commercial and industrial buildings. Abolishing duties / taxes on import of small-scale renewable energy generating equipment. Cultivation of energy crops on marginal and degraded land Use of bio-fuels in vehicles. Soft loans for setting up renewable energy enterprises. Additional incentives for buyers and manufacturers of renewable energy equipments in rural areas.

Guidelines for Research Professionals


Development of comprehensive educational and awareness modules for renewable energy systems. Development of cost-effective, highefficiency and long-lasting photovoltaic cells. Development of high efficiency wind turbines, ranging from 300 W 10 kW, to generate energy even at low wind velocity. Development of small-scale, low maintenance biomass gasifiers to make use of abundant biomass resources in rural areas for cogeneration

Trend Setters of green economy


Tech Mahindra has started offering green IT consulting services. Bangalore-based Wipro believes that dynamic energy control Surojit Bose, Associate Director for Sustainability in India, at PricewaterhouseCoopers, feels that a lot of research work in clean technology is waiting to be offloaded to India if the US Senate approves the comprehensive carbon legislation.

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