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What Environmental Entrepreneurship Has to Offer For Sustainable Development - Essay Example

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This paper 'What Environmental Entrepreneurship Has to Offer For Sustainable Development" focuses on the fact that the environment is extremely indispensable for sustainable development. Raw materials for industrial and economic growth are found in natural resources. …
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What Environmental Entrepreneurship Has to Offer For Sustainable Development
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Download file to see previous pages Environmental entrepreneur comes out in different forms and involves themselves in different activities and businesses thus making it exceedingly complicated to identify typical environmental entrepreneurship. However, there is a generally agreed definition of the term environmental entrepreneur. An environmental entrepreneur is individuals or an organization that views the environment as the core purpose of their investment. Environmental entrepreneurship is an actor who distinguishes, produces, and utilizes any market opportunity available in ecological innovation. An environmental entrepreneur is as a result expected to make a living through preserving the environment.

On the other hand, sustainable development entails innovation and development that will meet the needs of the present generation without diminishing the ability of the environment to meet the needs of the future generation. To facilitate sustainable development, it is important to preserve the environment to cater for the needs of the future generation. However, there are some challenges faced by environmental entrepreneurs in contributing to sustainable development. The essay will analyze the contribution of environmental entrepreneurs to sustainable development. It will incorporate the case in which two social and environmental entrepreneurs (Jan Cameron the founder of Kathmandu and Graeme wood the creator of wotif) bought a woodchip mill and turned it to eco-resort in 20112.

In 2011, the Jan Cameron the founder of Kathmandu and Graeme wood spent $ 10 to buy the Tasmanian woodchip. This created fear among the country economist over the future of the state industry. They feared the country economic will go down and many people will lose jobs. The community members also condemned the initiative. Since Cameron and Graeme were environmental entrepreneurs, they intended to convert the woodchip mill into an eco-resort. The pair also aimed at ensuring the future sustainability of the industry is assured. They were more concerned with the future of the country native forests.  ...Download file to see next pagesRead More
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