Investing in Green projects can increase employment and economic growth
Aug 8, 2013 146 view(s)A new community based project was being released at a ceremony by SA’s minister of Water and Environmental Affairs Edna Molewa. According to them improving the management of natural resources and investing in the agriculture could surely increase the South Africa’s crop output by almost quarter and also create 170,000 additional jobs in the market. This step will also in turn increase the water availability in the country.
Agriculture, energy, transport and resource management are the four key economic factors for green management. Sustained SA economic growth can be achieved by investing in low-carbon technologies, resource efficient green economy, renewable energy. They can create more jobs than a usual business approach.
The possible opportunities of achieving the targets and expenditure as set by the government can be acquired by targetting in the above four economic factors. If this scenario is practiced than to meet the country’s growth target as per National Development Plan, there will be 4% to 7% rise in GDP/year from now to 2020.
This green economic approach can takes into consideration country’s economy and also social and environmental plan. It will help in increasing as much growth as the one achieved by the business but in more proper and constant way. This policy will help in achieving more sustainable development and also decrease poverty to a noticeable extent.