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How to Make the Green Transition Work for People and the Economy

Green Transition

Title: How to Make the Green Transition Work for People and the Economy

Essay , 2026 , 13 Pages

Autor:in: Bhupendra Thapa (Author)

Business economics - Miscellaneous
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Summary Details

The green transition has emerged as a key global strategy for addressing climate change while promoting sustainable economic development which involves shifting from fossil fuels to renewable energy sources, improving energy efficiency and adopting environmentally sustainable production and consumption systems. However, the transition also raises important social and economic concerns, particularly for workers and communities that rely on carbon-intensive industries. This article examines how the green transition can be designed to benefit both people and the economy through a just transition approach. It discusses the importance of social equity, job creation, worker reskilling, inclusive policies and community participation in ensuring that no group is left behind during the transformation toward a low-carbon economy. The study also highlights the role of governments, public policies and private sector innovation in supporting green investments, technological development and sustainable economic growth. While the transition presents challenges such as high initial costs, political resistance and unequal impacts across regions, it also offers significant opportunities including new industries, improved public health, energy security and long-term economic resilience. Therefore, a balanced and inclusive green transition is essential for achieving environmental sustainability, economic stability and social well-being.

Details

Title
How to Make the Green Transition Work for People and the Economy
Subtitle
Green Transition
College
Tribhuvan University  (Prithvi Narayan Campus, Nepal)
Course
Finance
Author
Bhupendra Thapa (Author)
Publication Year
2026
Pages
13
Catalog Number
V1710592
ISBN (PDF)
9783389185179
Language
English
Tags
Green transition Just transition Renewable energy Social equity Sustainable development Green economy
Product Safety
GRIN Publishing GmbH
Quote paper
Bhupendra Thapa (Author), 2026, How to Make the Green Transition Work for People and the Economy, Munich, GRIN Verlag, https://www.grin.com/document/1710592
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Excerpt from  13  pages
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