It is earth wire
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it is the earth wire
The green wire is the ground wire in electrical wiring. It acts as a safety measure to protect against electric shock by providing a path for current to flow safely to the ground in case of a fault.
To wire a drill press with a 4-prong plug, you'll need to connect the green wire to the ground terminal, the white wire to the neutral terminal, the black wire to one of the hot terminals, and the red wire to the other hot terminal. Make sure to turn off the power before connecting the wires. If you're not comfortable with electrical work, consider hiring a professional electrician.
The green wire is designated as a ground wire. This wire in a feeder cable is bare copper and connects to the distribution panel's ground bus and at the load it is connected to the frame ground of the equipment. The UK uses the same colour for the grounding or earthing but it also has a yellow tracer on the green colouration.
If the third wire (usually a ground wire) is present, connect it to the green or bare copper wire in the electrical box to properly ground the switch. If the third wire is a neutral wire, it should be capped off with a wire nut and not used for a standard single-pole switch. Make sure to follow proper wiring procedures and consult a licensed electrician if you are unsure.