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Green Economy: A Necessary Decision to be Taken

Universal Journal of Finance and Economics | Vol 1, Issue 1

Table 2. Key sectors of the economy to achieve the transition to the greeneconomy.

SectorDescription
ForestingReduce deforestation, increasing reforestation; certify products from forests, and payment for environmental services.
AgriculturalChange the management practices of fertilizers, water; seeds; mechanization of arable areas; the comprehensive management of pesticides and nutrients.
Water resourcesConserve groundwater and surface water sources, with the efficient use of the resource, to generate quality of life conditions acceptable to the population.
FishingGenerate the sustainable increase of innovative production activities and financing to reduce overfishing worldwide.
EcotourismLead to the development of the local economy, with increased participation of the local community, of vulnerable groups, in the tourism value chain.
Renewable energyIncrease the energy matrix from renewable sources, invest in biofuels, and photovoltaic and wind applications.
TransportationModify private to public transport, considering that mobility depends on the use of the territory, and it is necessary to improve adequate planning.
Manufacturing industryStrengthen production by extending the useful life of products f with redesign and recycling processes, increasing the efficiency of using natural and energy resources.