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Green economic development involves developing a community’s economic model while considering its environmental needs. Strategies include reducing pollution, planning communities with transit systems and preserving natural environments. The goal is to create a sustainable community for future generations.
Green economic development is a term used to describe the effort to develop the economic model of a town or city in a way that takes into account the environmental needs of that community. In essence, this means creating a development strategy that allows the jurisdiction to prosper financially while being mindful of the environmental issues that affect the ecological balance in that area. The call for more attention to green economic development is found in many communities where there is concern to minimize contaminants in the air and land that may pose dire circumstances for future generations, while also seeking to provide sufficient economic infrastructure to enable that communities enjoy jobs, comfortable housing, and reliable transportation options.
The exact form that green economic development will take varies from community to community. One of the most common approaches involves taking steps to reduce pollution. Here, residents and businesses operating in the area employ different strategies to reduce emissions and protect the environment from harm. For example, residents can choose to purchase more energy-efficient automobiles, while businesses install equipment that helps eliminate waste of raw materials and the release of contaminants into the air.
When the idea is to create a new community, green economic development usually starts with the basic layout of that community. The arrangement of commercial and residential spaces can be precisely planned, allowing travel between the two to be accomplished using a transit system rather than relying solely on individually owned vehicles. Cycle lanes can be added to main thoroughfares and other side streets in the region, encouraging the use of bicycles as a means of transport. Communities can be planned in a way that takes into account the natural flow of the land and also allows for the inclusion of parks and other areas in which natural environments are preserved.
With green economic development, the goal is to create a community that offers all amenities while following an environmentally responsible model for commercial operations and residential use. Even long-established communities can use the concept of this type of economic development to make changes over time that benefit those who live and work in the area, while reducing the local ecological footprint. Over time, these efforts pay off in the form of a sustainable, ecologically and economically sound community, not just for the current generation, but for generations to come.
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