Environmental Economics and Policy

Environmental Economics and Policy explore the economic principles and policy frameworks that guide sustainable environmental management and long-term economic development. This field focuses on understanding the economic values of ecosystem and it highlights their critical role in supporting human wellbeing and long-term economic stability. The paper examines the concept of green growth and sustainable investments as key strategies for achieving development while minimizing environmental degradation. It also discusses major environmental economic policies and decisions that the Government of India has taken. Policies such as carbon market initiatives, renewable energy promotion schemes and environmental taxation. Overall, the paper provides a comprehensive perspective on how economic tools and government policies can work together to achieve environmental sustainability, climate resilience and inclusive economic development in the Indian context.