GREEN ECONOMY: THEORETICAL FOUNDATIONS AND STRATEGIC PROSPECTS OF SUSTAINABLE DEVELOPMENT
Keywords:
Keywords: green economy, sustainable development, renewable energy, circular economy, carbon emissions, green technologies, climate change, environmental policy, economic growth, social inclusion, just transition.Abstract
ABSTRACT
This article is aimed at analyzing the theoretical foundations of the green
economy concept, systematically examining its ecological, economic, and social
dimensions, and evaluating its impact on sustainable development strategies. The study
employs qualitative methodology, integrating policy documents from international
organizations, case study analysis, and multi-dimensional assessment methods.
Primary sources selected include reports from the United Nations Environment
Programme (UNEP), the World Bank, the International Labour Organization (ILO),
and current academic literature. The research results demonstrate that the transition to
a green economy has the potential to create up to 24 million new jobs in the renewable
energy sector and could add trillions of dollars in additional value to the global
economy by 2050. However, this transition requires substantial initial investments,
institutional restructuring, and social adaptation mechanisms. Key challenges
identified in the article include financial barriers, policy inconsistencies, and industrial
sector resistance to structural change. Proposed solutions include carbon pricing
mechanisms, international financial cooperation, and just transition strategies.
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