Intellectual Property Right and Environment: The Unexplored Opportunity for Sustainability

The 21st century's hardest problem is achieving sustainable economic growth. This would include giving everyone, within and across generations, an equal opportunity to achieve economic and social advantages while using natural resources with consideration. Then, for widespread understanding, a new global culture of sustainability needs to be ingrained. In every decision-making process, consideration of environmental issues, social concerns, and economic growth should all be given equal weight. The status quo is no longer valid. There is little doubt that modern technology is a major driver behind this development. Indeed, achieving sustainable human development requires the discovery and dissemination of a new renewable and ecologically beneficial technology. As the globe prepares for the inevitable effects of climate change and the immense environmental devastation that will follow, green patents have drawn a lot of attention in recent years. The wrath of global climate change brought on due to an increase in emission of greenhouse gas necessitates the use of technology that may lessen the harm that humans have caused to our natural systems. To promote the acceptance and application of eco-friendly technologies, green patents are quite important. To perform its function, the actual passive patent law needs to be transformed into a motivating force that may encourage new trends and provide constructive guidelines that reward any technical accomplishment or information transfer that contributes to a sustainable economy. The new resource-efficient and sustainable civilization of the future may therefore flourish with the contribution of green innovation. The new resource-efficient and sustainable civilization of the future may therefore flourish with the remarkable contribution of green innovation