Balancing Acts: Nurturing Environmental Sustainability for Thriving Economic Development

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Gitangshu Deva Sarma
Dr. Jhorna Sharma

Abstract

The subsequent paragraph of this paper focuses on the delicate relationship between environmental sustainability and economic development with prioritizing the mutual balance to achieve long-term prosperity. By laying out a comprehensive scanning of literature and analysis of cases, the article illustrates the fact that economic growth and environmental conservation go hand in hand, and it reveals how policies, business strategies, and individual actions can be done in a way that conserving the environment at the same time fosters economic growth. Strategies which can be implemented by policymakers include; strict regulatory efforts, investment promotion of greener options, and supporting international partnerships. Businesses are encouraged to have environmental aspects as part of their operations and to embrace circular economy principles and clean technologies as part of their investment choices. People must go for sustainable consumption patterns, community initiatives and, hold the decision makers responsible for sustainable development. The future generations generation will also have more secure natural resources, and that there will be job creation, economic diversification, and environmental and economic resilience. This article has creatively and rigorously addressed the nuances of environmentally conscious economic development through effective research and synthesis methods. It demonstrates the collaborative role of policymakers, companies and individuals in constructing a green future. Therefore, political dialogue, social awareness and creativity becomes crucial prerequisites for addressing pressing social and ecological challenges.

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How to Cite
Gitangshu Deva Sarma, & Dr. Jhorna Sharma. (2024). Balancing Acts: Nurturing Environmental Sustainability for Thriving Economic Development. Educational Administration: Theory and Practice, 30(4), 6776–6787. https://doi.org/10.53555/kuey.v30i4.1920
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Articles
Author Biographies

Gitangshu Deva Sarma

Research Scholar, Department of Economics, University of Science and Technology Meghalaya, Mobile No: 8486124126

Dr. Jhorna Sharma

Assistant Professor, Department of Economics, University of Science and Technology Meghalaya, Mobile No: 7002471410