GREEN INITIATIVES FOR SUSTAINABLE INDUSTRIAL DEVELOPMENT: A BRIEF ANALYSIS OF TOURISM INDUSTRY

An Inclusive Sustainable Industrialization is one of the major factors in the “2030 Agenda for Sustainable Development”. A great challenge for manifesting Sustainable Industrial Growth reflects the innovations and Implementation of the green initiatives, especially in the tourism industry, being one of the most promising drivers of the world’s economic growth and having a close impact on various other economic and social sectors. Despite, facing significant sustainability-related challenges, the Tourism industry is one amongst all, seeking out proactive efforts to conserving unique and natural resources, decreasing carbon emissions, preserving social and cultural assets, and also increasing investments in both the public and private sector for improving tourism sustainability. Many previous kinds of research done in this area have not illuminated the green initiatives, their implementation, and the major hurdles being faced by the Tourism Industries. This paper attempts to demonstrate the major green transitions and their overall impact on sustainable growth, by analyzing the qualitative data of some of the world’s top tourism companies, for which a theoretical framework has been adopted.

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Keywords: Sustainable Industrialization, Green Initiatives, Tourism & Related Sectors, Environment & Economy.

 


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