The term “Green Economy” refers to an economic system that seeks to promote sustainable development while reducing environmental risks and ecological scarcities. It emphasizes the importance of integrating economic growth with environmental health, social equity, and sustainable resource management. In a green economy, investments in green technologies, energy efficiency, sustainable agriculture, and waste reduction are prioritized to create jobs, enhance well-being, and preserve natural ecosystems. The core idea is to transition from traditional economic practices that can lead to environmental degradation to a model that supports a low-carbon, resource-efficient, and inclusive society. A green economy aims to achieve economic benefits without compromising the planet’s integrity or future generations’ ability to meet their needs.
Pontegadea, the investment company of Zara’s founder, Amancio Ortega, has significantly increased its focus on sustainable energy projects in recent years. Diverging from traditional investment avenues, the company has been…