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Green Economy - the new Blue print

In a flashing visit of his Excellency H.E. Pekka Haavisto, Minister for Foreign Affairs, Finland in India, we got a chance to capture some points from his vision to develop the world, especially human capital in amalgamation with the environment. Therefore in a multidimensional meet, with a focus to boost the economy of Africa and how India can be a key contributor or driver for the same, various aspects were discussed.


“Africa and Great Power Politics – Views from Europe and India” was the topic covered at Observer Research Foundation in New Delhi, India.

We all are aware that India and Africa have pre-colonial connections, apart from genetic and the lions we know of.. we’ve had business connections; and subsequent to the continent split up, trade routes were developed. Africa is rich and endowed with the best natural resources, minerals, space, and sunshine; hence NOW it is time to boost up the long-struggling economy, reviving our age-old connections and building new routes.

What therefore will be the way forward?

“With a GDP rate of 3.7% in 2019, Africa is not consuming what they produce hence their consumption is totally dependent on imports. Besides, Intra African trade its only 16% which adds to their operational costs compared to the average of 55% in ASEAN countries.

Hence a clear logical solution for Indian exporters is to build manufacturing hubs in the continent and have bilateral relations based on four fundamental principles as we do not have any conflict of interests that can build solidarity thus we can enhance, grow and learn from each other. Mc Kinsey reports also project that Africa will be a global manufacturing hub by 2040.”, mentioned H.H.S Viswanathan, a distinguished fellow at ORF.

But the big question in the hour raised was; While we are discussing about reducing the carbon footprint and supporting life as a whole on the planet with less or zero toxic elements and emissions to be released in the environment, is manufacturing and a consumer-driven economy will be the future of the continent?

We got the best solution by his Excellency H.E. Pekka Haavisto, who has also been an Advisor for the UN (ASG) in the Darfur peace process, and Special Representative to the Minister for Foreign Affairs in African crises. While the Finland government is themselves are fighting on environmental aspects reducing carbon footprint… He gave one of the best future projections, saying; “Finding sustainable solutions,  we must be advocating the best practices which can be part of the blueprint for future growth. Renewable energy, move from gasoline cars to electric cars or reduce cars. Green urbanisation has to be the new way of living which will reduce greenhouse gases, as cities produce the most greenhouse gases. Hence growth has to revolve around innovation towards sustainable solutions which will create green jobs, new technology. Charting towards environmental movement also means effective waste management, recycle more, and that’s the challenge for the new generation.”

Hence with new 10 guiding principles or testaments for India Africa relationship and Europe to Africa railroad map, boundaries are likely to dissolve, human capital will build, growth will be the major agenda and peace will be the major output with better health and education as key ingredients.

The big challenge to address will be sustainable development and growth with zero environmental damage, preserving nature!

The event was held on November 6th, 2019 at ORF New Delhi – India.

BOTTOMLINE - “Growth with conservation” must be the new motto!!

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