Green Economy: In Pursuance of Sustainable Development - Dileep K Adhikary, Ph D

In the days of abundance economies were exploiting the eco system, now the economies need to interface with it. Green economy stands for and concerned with being: Environmentally sustainable, Environmentally sustainable Socially just, Socially just Locally rooted

Development manifests for improvement in economic and social conditions Green economy is sought for “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities” (UNEP 2010)

Development in the holistic term is multi- dimensional; it is orienting to better quality of life through Economic growth (with) Equity Inclusion Environmental order Climate change adapt.

Development hinges upon techno-human capability and ecological order and it is driven by the quality of governance. It needs to be sustained otherwise the change would be painful. Sustainability is not about facing the current challenges, it is an ability to transform from the current phase to the future phase without loosing the degree of efficiency and effectiveness

Strategic thrust will require a fundamental shift form growth alone to social and environmental dimensions of development, and there to the production of goods and services, and consumer habits will come through the course of initiations, time and resources. Without a strategic move greening of specific sectors (within it the focused projects) and the economy in general will not happen

The plan, its implementation and the sharing has to be framed accordingly in a way that it gets sustained over the time. It needs to be unified into a business plan (combination of strategies and operational schemes) with a management point and oversight mechanism.

Sectoral integration Agriculture, Fisheries, Water, Forestry, Energy, Manufacturing, Waste management, Buildings, Transportation, Tourism are considered to be the key sectors It is a matter of concept, the design, application of technology, process efficiency and cycling of wastes for greening of these sectors.

Management Dynamism The challenges for management are leading to development, sustaining the same, and moving forward. The achievement would/could come through innovation, connectivity and value addition on a system mode. The system mode is the baseline of managing the basics, managing the results and managing the change (progression on to the renewable state).

Envisioning Run with Connectivity Delivering Results Continuance Planning Leading Achieving Promoting Transforming Positioning Market Resource Technology Adapting Innovating Reinventing Sustain with Improvisation Grow with Productivity Stay with Competitiveness (market share/customers satisfaction) Dynamics of Management (flexible/systemic/relational)

The limitation if any is of the managers and not of the management A successful manager is one who can reinvent management  To generate results  To sustain the achievement  To foster development

Institutional & Policy Regime Enabling conditions are required in the transition to a green economy away from the conditions weighted to brown economy. As per UNEP 2011: employing strong environmental policies resource pricing researching and finding new production methods.

generate innovation rents aggressive environmental regulation Institutions need to be present to monitor and regulate enforcement of green economy strategies in a dynamic setting.

Issue Despite opportunities the degree and direction of penetrations have been limited: results are less than significance. The problem lies in the planning process: which is a bit outside the management frame and which has made the management non- existing or non-responsive at the policy and programme levels and projects are somewhat detached.

International collaboration is indeed important, but whether it goes beyond the support boundaries and gets internalized in the process. Much needs to be defined, put to shape, planned and made responsive for the defined outcomes. Equally important are oversight mechanisms, monitoring, and issue based deliberations.

The imposing questions are: have we internalized the concept? should not we start defining the outcomes (time specific and objectively) ? are we set to act upon in a systemic approach?