In
the recent times, the world at large is following practices that are
friendly to nature. The only reason for which being the retaliation
and retribution from Mother Nature in form of natural catastrophes,
thinning of the ozone layer, biomagnifications, oceanic
acidification, global warming and what not; and its subsequent
impact on the health of the public as respiratory disease,
cardiovascular disease, throat inflammation, chest pain, and
congestion etc.
Evolution
of sustainable development practices:
Today
there is a growing need for technological innovations that can
achieve the aim of sustainable development across all verticals
concerning nature and being Eco-Friendly. Bearing this thought in
mind in recent years, the efforts of manufacturing industries to
achieve sustainable production have shifted from end-of-pipe
solutions to a focus on product lifecycles and integrated
environmental strategies and management systems. Therefore, there
evolved a need for creation, development and innovation of
closed-loop, circular production systems, and adoption of new
business models.
Radical
steps to seek Eco-innovation:
Eco-
innovation or eco- friendly innovation aims to develop technological
practices that are created basis keeping sustainable development in
mind. It calls for industry and policy makers to work more positively
towards radical and systematic development of new technology,
expertise, equipment and machinery that are eco- friendly in nature.
Many companies have started to use eco-innovation or similar terms to
describe their contributions to sustainable development.
Key
Aspects to develop eco innovation:
The new
eco-friendly inventions compete with, and sometimes surpass, their
conventional counterparts. Eco-Innovation is any form of innovation
resulting in or aiming at significant and demonstrable progress
towards the goal of sustainable development, through reducing impacts
on the environment, enhancing resilience to environmental pressures,
or achieving a more efficient and responsible use of natural
resources. Hence the environmental policy and legislation should be
such that promotes eco- innovation.
Other key
aspect in developing eco-innovation is the collaboration and coming
together of international forces to participate, support an
contribute in this cause, mobilising financial instruments and
support services for SMEs; and supporting the development of emerging
skills and jobs and related training programmes to match labour
market needs to develop eco innovation.
