The Environmental stewardship it's self contribute to the Economic growth in case we are being aware of Resource optimization, waste reduction in by using material which does not threat Environment or easily recyclable. Today Everywhere in Business Env.stewardship is highly recommended

Dr Nzeyimana Bahati Shaban thank you for your contribution to the discussion

Dr Rana Hamza Shakil thank you for your contribution to the discussion

Economic policies such as rationalization of price subsidies, the clarification of property rights, and facilitation of technology transfer may help in achieving environmental sustainability. Instead of using non-renewable natural resources, use of renewable natural resources should be preferred. Waste water generated by industries should be recycled. We should use natural resources cautiously so that economic growth and ecological conservation go hand in hand. Economic growth will be undermined without adequate environmental safeguards, and environmental protection will fail without economic growth. The earth's natural resources place limits on economic growth. These limits vary with the extent of resource substitution, technical progress, and structural changes. The global economy recycles less than 10 percent of materials; about 50 percent of processed materials are used to provide energy and are thus not available for recycling. It is simple: economic growth is not compatible with environmental sustainability. Economic growth with environmental protection and improvement has a binding, complementary relationship, to protect and improve the environment, which requires economic growth, creating opportunities to invest resources for environmental Protection; conversely, if the protection and improvement of the environment. The environmental impact of economic growth includes the increased consumption of non-renewable resources, higher levels of pollution, global warming and the potential loss of environmental habitats. However, not all forms of economic growth cause damage to the environment. Economic development is often put ahead of environmental sustainability as it involves people's standards of living. However, quality of life can decline if people live in an economic place with a poor environmental quality because of economic development. Sustainable development means “meeting the needs of the present generation without compromising the needs of future generations”. Thus, economic growth will be sustainable if fixed assets, including land, remain constant or increase over time. Some of these challenges include: climate change, energy consumption, waste production, threats to public health, poverty, social exclusion, management of natural resources, loss of biodiversity, and land use. In this context, sustainable development approaches are now essential obligations. There are numerous challenges to sustainable development in India such as loss of biodiversity, depleting natural resources, pollution of land, water and air as also poor health, poor literacy rate and environmental sustainability. The decentralized governance helps in promoting human and environmental concerns alike. Sustainable development means development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

via circular economy model

Dr Mekonnen Amberber Degefu thank you for your contribution to the discussion

Economic, environmental and social concerns constitute the three basic pillars of the sustainable development principle. The extractive industry contributes to sustainable development by integrating economic growth with environmental protection, social progress and effective governance. There are numerous challenges to sustainable development in India such as loss of biodiversity, depleting natural resources, pollution of land, water and air as also poor health, poor literacy rate and environmental sustainability. The decentralized governance helps in promoting human and environmental concerns alike. Some of these challenges include: climate change, energy consumption, waste production, threats to public health, poverty, social exclusion, management of natural resources, loss of biodiversity, and land use. Sustainability promotes a rational use of natural resources. ii Groundwater is an example of renewable resource. But if we use more than what is replenished by nature then we would be overusing this resource. iii Once the non-renewable resources would be exhausted we won't be able to use them in future. Eradicating extreme poverty, promoting sustainable consumption and production, and managing the planet's natural resource base for the benefit of all are the overarching challenges of sustainable development. Resource extraction and processing of materials, fuels and food contribute half of total global greenhouse gas emissions and over 90% of biodiversity loss and water stress. A shift to sustainable and renewable energy can help solve the problem of resource depletion. Economic policies such as rationalization of price subsidies, the clarification of property rights, and facilitation of technology transfer may help in achieving environmental sustainability. Rationalizing subsidies will save money, improves efficiency and can significantly lower pollution. Sustainability focuses on equal economic growth that generates wealth for all, without harming the environment. Investment and an equal distribution of the economic resources will strengthen the other pillars of sustainability for a complete development. Sustainable development practices help to protect natural resources. The economy relies heavily on trade, much of which depends on natural resources to produce goods or provide services. This includes water, waste, energy and food.