Exploring the Role of Environmental Ethical Consideration in Advancing Green Growth: Perspectives from India
Akanksha Choudhary *
Centre of Distance and Online Education, Manipal University Jaipur, India.
Ankita Sharma
IIHMR University, Jaipur, India.
*Author to whom correspondence should be addressed.
Abstract
Aims: The current study explores the intricate nexus between environmental ethical considerations and green growth in the context of India, a country grappling with dual challenges of rapid industrialization and environmental sustainability. As India seeks to balance rigorous economic growth, ecological preservation and integration of ethical principles into environmentally friendly policy design it is necessary to understand the meaning of ethical consideration and green growth relationship.
Theoretical Framework: The research aims to understand the interrelationship and implication of the of environmental ethical consideration into driving green growth, by exploring the challenges and prospects in context of India- a rapidly developing economy. This paper is structured in the form of exploration of available literature and through providing a vast perspective and strategic framework in regards of Indian policy makers and scenario in context of countries socio-economic and cultural structure.
Methodology: The study explores the available literature in the field and synthesizes the challenges available in the path of green growth management. Analysis of barriers to green growth in developing country framework is done by identifying chances of market failure, underinvestment in green technologies, and the lack of clear ethical guidelines present in the Indian developmental structure.
Results: The findings of this paper suggest the possibility of enhancing current scenarios to achieve what is needed to follow the path of green growth in economic context and coming future challenges. The findings are supported by rational policymaking and strategic investment, which can significantly advance India’s green economy, ensuring long term benefits and environmental well-being.
Keywords: Ethical considerations, green economy, green growth, sustainable development, SDGs