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The transition to a “Green Economy” – a challenge and a solution for the economy

Author

Listed:
  • Manea Gheorghe-Cosmin

    (The Bucharest University of Economic Studies-E.A.I., Tache Ionescu Street, postal code 52632, Bucharest, Romania)

  • Cozea Andreea

    (National Research and Development Institute for Industrial Ecology ECOIND, 57-73 Drumul Podu Dambovitei Street, district 6, 060652, Bucharest, Romania)

Abstract

In the context of the multiple economic crises, the degradation of the quality of life in correlation with the environment are intensely debated topics in the current international policy. Thus, the concept of “Green Economy” was developed as an answer and as a solution to these pressing problems. The development of this concept has taken into account an economic revolution by integrating the environmental factors that will have to be taken into account in any political decision, in a joint international effort. By implementing this concept, the previous term “sustainable economy” will be developed through economic policies that make the economy more efficient, taking full account of climate change, the health and wellbeing of the population in the medium and long term. This study follows an overview of the concept of “Green Economy” and how it could be integrated into the Romanian context.

Suggested Citation

  • Manea Gheorghe-Cosmin & Cozea Andreea, 2022. "The transition to a “Green Economy” – a challenge and a solution for the economy," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 1168-1177, August.
    • Handle: RePEc:vrs:poicbe:v:16:y:2022:i:1:p:1168-1177:n:3
    DOI: 10.2478/picbe-2022-0107
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