People, Profits, and Planet
TerraGreen|November 2023
Joint Responsibility for Working towards Sustainable Development
People, Profits, and Planet

Biba Jasmine highlights the need to foster inclusive economic growth that benefits all stakeholders. In today's rapidly evolving world, the demands of governments, people, and all stakeholders on growing businesses are changing-innovation and agility are more important than ever. A national strategy and ambition to create long-term value is needed to simplify complex issues and use technology and innovation to gain actionable insights, structure current challenges, or leverage lessons learned, based on cross-sectoral learning that is the key. As a result, businesses need to re-evaluate their investment portfolios, procurement strategies and supply chains. However, companies cannot do this alone. Consumers also have a crucial role to play.

In the modern world, there has been a realization that man is an integral part of nature. But at the same time humanity has also begun to understand the depth of a wise saying, "Mother Nature protects when protected," which has a positive connotation.

India has managed not only to preserve but also to significantly expand its natural resources, even though the rest of the world is still struggling with major losses of forests, wetlands, and mangroves. This is an important lesson in how development can coexist with improving and protecting our natural resources without destroying them. Instead, India is finding ways to promote sustainable development that goes hand in hand with environmental protection.

Businesses, industries, and the private sector all contribute significantly to the growth of the economy. What we need for this to happen, however, is a shift in thinking about the frequent occurrences of natural disasters and the inequalities associated with exposure to environmental damage and its associated risks. It is important to rethink the way companies perceive, assess and mitigate natural risks today and in the future.

This story is from the November 2023 edition of TerraGreen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the November 2023 edition of TerraGreen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM TERRAGREENView All
Enhancing Green Cover in HP
TerraGreen

Enhancing Green Cover in HP

Not too long ago, a vast stretch of approximately ten acres of forest land in Parohi and Sangirthi of Bandladhar in the Bilaspur zone of Himachal Pradesh remained barren. The terrain was rocky, with minimal soil depth, making the idea of growing trees there seem implausible. However, today, this unproductive land is transforming into a verdant landscape, with 11,000 saplings of various tree species taking root. Sarita Brara informs that this transformation is attributed to the state government's Mukhya Mantri Van Vistaar Yojana (MMVVY), which aims to enhance green cover across thousands of hectares of barren forest land throughout the state. The MMVVY was officially introduced in 2023.

time-read
7 mins  |
March 2024
AI Writing, Illustration Emits Much Less Carbon than Humans
TerraGreen

AI Writing, Illustration Emits Much Less Carbon than Humans

With the evolution of artificial intelligence (AI) comes discussion of the technology's environmental impact. A new study has found that for the tasks of writing and illustrating, AI emits hundreds of times less carbon than humans performing the same tasks. That does not mean, however, that AI can or should replace human writers and illustrators, the study's authors argue.

time-read
3 mins  |
March 2024
Celebrating 'Solar Sisterhood' Power
TerraGreen

Celebrating 'Solar Sisterhood' Power

On International Women's Day (March 8), Ashden highlighted the women who made renewable energy happen especially among the world's poorer communities where energy access posed significant challenges. The theme for this year's International Women's Day was 'Inspire Inclusion.

time-read
3 mins  |
March 2024
Redefining Development in Tune with Nature
TerraGreen

Redefining Development in Tune with Nature

A worldwide congress of individuals synonymous with practising ancient traditional values in the eastern part of Assam, in northeast India, has emerged as a major platform for converging diverse cultures, emphasizing the preservation of ancient traditions, ecological sustainability, and collaborative governance. Through this article, Nava Thakuria informs us that the 8th Triennial International Conference and Gathering of World Elders of Ancient Traditions also adopted the 'Dibrugarh Declaration, which unequivocally states that ancient wisdom profoundly views human beings as an integral part of the natural ecosystem, rather than as masters.

time-read
5 mins  |
March 2024
Surprising Role of Manganese In Soil Carbon Sequestration
TerraGreen

Surprising Role of Manganese In Soil Carbon Sequestration

A recent study reveals an unexpected link between manganese-a naturally occurring mineral-and increased carbon emissions from high-latitude boreal forests. The study uncovers how manganese increases carbon emissions from boreal forest soil, over time, challenging conventional understanding of the role of manganese in the carbon cycle.

time-read
3 mins  |
March 2024
India's Quest towards a Green Future With Green Initiatives and Climate Action
TerraGreen

India's Quest towards a Green Future With Green Initiatives and Climate Action

The interim budget of India for 2024-25 has placed significant emphasis on the green economy and investments aimed at combating climate change. These announcements are poised to reinforce India's prior endeavours in this direction. In this article, Sameeksha delves into concepts such as the green economy and climate action, highlighting that through its various initiatives, India has made significant progress towards the target of net zero emissions without compromising its economic development in less than a decade. These steps are expected to have a long-lasting impact, and the rapid growth of the country, coupled with green initiatives, will pave the way for a new era of prosperity.

time-read
5 mins  |
March 2024
Indian Forest and Wood Certification Scheme
TerraGreen

Indian Forest and Wood Certification Scheme

Dr Krishna Kumari, Forestry Faculty, Pandit Deendayal Upadhyay College of Horticulture and Forestry, Dr Rajender Prasad Central Agricultural University, Bihar along with Supriya Rai, a third-year student pursuing BSc in Forestry at the same university, engage in a discussion regarding the objectives and benefits of the IFWCS.

time-read
3 mins  |
March 2024
Decreasing Emissions with Sustainable Practices
TerraGreen

Decreasing Emissions with Sustainable Practices

In this article, Sanjay Gupta highlights the significant role of the construction sector in global greenhouse gas emissions. The construction industry accounts for 19 per cent of greenhouse gas emissions. These emissions mainly result from energy consumption, material production, transportation, and the construction process itself. Nevertheless, there is optimism for the future, as technological advancements and increasing environmental awareness are driving the transition towards a more sustainable construction industry. Through the incorporation of innovative solutions, this sector has the potential to exert a strong influence on environmental consciousness. For the journey ahead, industry players should come together and unite in taking a collective responsibility against climate change to shape a world that is environmentally pure for generations to come.

time-read
2 mins  |
March 2024
Seeds of Contamination
TerraGreen

Seeds of Contamination

Microplastic pollution in terrestrial environments poses a significant threat to ecosystems and human health.

time-read
8 mins  |
March 2024
Green Budgeting - A Pioneering Initiative in Puducherry
TerraGreen

Green Budgeting - A Pioneering Initiative in Puducherry

Governments worldwide are recognizing the imperative to balance economic development with ecological responsibility. Article by Balaji details the pertinence of green budget. The text has been authenticated by the case study of the Government of Puducherry whereby the UT has made noteworthy efforts in the upward allocation of green funds to strengthen climate resilience.

time-read
5 mins  |
February 2024