Our country is at crossroads of transition from an agrarian to an industrial economy. The dilemma is how to achieve the fruits of industrialization without sacrificing nature's beauty. The importance of protecting the environment has never been greater than now. A clear environment and economic well being are mutually compatible. Eco-Friendly projects and sustainable development requires new approaches in the use of technology and is much more than mere growth. Uncontrolled growth is, In fact, a form of cancer.
As far as eco-friendliness of projects is concerned, there will be a continuous tussle between Environment and Industry. In many cases the eco-friendliness of a project is not examined properly, this is when people's movement start building momentum to save the local area under consideration
Objectives
.After studying this unit, you should be able to
- explain sustainable development, eco-friendliness, ITEGIS software package,
- Eco-mark, and non-conventional projects,
- describe project screening criteria,
- appreciate risk management in project,
- discuss Environmental Impact Analysis (EIA) and its components,
- describe the assessment criteria for Eco-mark, and
- explain role of financial institutions.
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