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Green Economy: Development In The Light Of New Policy

Author

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  • Mykhailo Sverdan

    (National University of Life and Environmental Sciences of Ukraine, Ukraine)

Abstract

The purpose of the paper is to study the current problems of ecology and environmental protection, which is associated with the current sustainable trends in economic development. The growth of the world economy as a whole and the economic progress of most developed countries with market relations tends to an increasing use of natural resources and at the same time to an increasing depletion and pollution of the environment. The goal is to determine the essence, prerequisites for the emergence and development of the green economy as a modern concept of interaction between society and nature through the economy, as well as reflect the prerequisites for the activation of the green movement on a global scale in order to preserve nature and ensure the natural conditions of human habitation. The topic of the article is due to the need to disclose modern economic dynamics and rates of social progress and their impact on the environment. In this regard, the essence of the green economy, directions and principles of its implementation for the restoration and strengthening of natural potential are considered. Methodology. A correct assessment and analysis of the dynamics and trends in the development of the world economy in terms of increasing economic potential and increasing the production of economic benefits to ensure the welfare of society allows us to assess the level of impact on nature and the environment. Without the results of these assessments and calculations, significant errors appear in the choice of state priorities for socio-economic policy and in making optimal decisions in the field of production. The study is based on an assessment of the interaction between the world economy and the environment in modern conditions. Results. The questions of modern economic trends in nature and environment are studied. The need for the implementation of the green economy in modern conditions has been determined. The necessity to preserve nature and reduce environmental pollution is becoming more and more urgent. Practical implications. The state of the natural environment and the possibilities of preserving and improving the environment are being studied. An adequate assessment of the state of nature and natural resources will allow the world community to pursue a balanced and effective socio-economic and environmental policy for the harmony of society and nature where it lives. Value/originality. It has been determined that nature is the basis of social life, and at the same time, its preservation is the main goal of social progress. The economy is just the means by which nature creates welfare for society. Nature can exist without humanity, but humanity cannot exist without nature. Therefore, the preservation and strengthening of the environment are more than relevant. To this end, a green economy policy is being implemented in the modern world.

Suggested Citation

  • Mykhailo Sverdan, 2021. "Green Economy: Development In The Light Of New Policy," Green, Blue & Digital Economy Journal, Publishing house "Baltija Publishing", vol. 2(1).
  • Handle: RePEc:bal:gbadej:2661-5169:2021:2:1:7
    DOI: 10.30525/2661-5169/2021-1-7
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    More about this item

    Keywords

    economy; nature; civilization; ecology; environment; development;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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