What does GDZ mean in DEVELOPMENT

A Green Development Zone (GDZ) is an area in which an integrated approach to planning and development is employed, focusing on promoting low-carbon, resource-efficient and socially inclusive models of development.

Examples include eco-neighborhoods with green roofs, rainwater harvesting systems, energy efficient buildings, renewable energy technologies such as solar panels or wind turbines, community gardens and urban farms.

The aim of GDZ focuses on reducing the environmental impact of new development while encouraging economically productive activities that create social benefits and improve quality of life.

GDZs are typically implemented by local governments through laws and regulations that encourage developers to incorporate green infrastructure into their projects. Some cities have also established incentive programs such as tax credits or other financing mechanisms to promote investment in green technology or projects within designated areas.

Yes. Challenges associated with implementing GDZs include securing adequate funding for infrastructure investments required by developers; involving stakeholders in decision making related to land use; addressing potential displacement resulting from increased land costs; developing effective monitoring mechanisms; and ensuring equitable access to resources created by the zone's investments.