The Steel industry is one of the major contributors to global CO2 manmade emissions - about 2.75Gt, or 6-7% of the total. Cement is not far behind. These two sectors are the giant emitters, way ahead of other industrial sectors. They are, of course, dwarfed by the power sector and the automotive sector, but together the two are a very important part of the CO2 problem.
India has maintained a very respectable average GDP growth rate of more than 7.5% since 2007, in spite of the recession in 2008 and slowdown in 2011. However, the growth story cannot stop here. The challenge is to further improve it and sustain.
The bigger challenge is to achieve it ensuring environmental sustainability or in other words achieve green economic growth.
The foundations have recently been established for a Green Economy program for Amapá state, in the Brazilian Amazon. On March 27th-28th a seminar was held in Macapá, the state capital, to discuss how to reorient some of Amapa’s existing sectors towards greener, more inclusive approaches, and to explore new ‘green business’ opportunities. A very significant range of opportunities and needs soon became apparent, and a draft plan was prepared for prioritizing and tackling them.
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