Businesses Created for a Green Economy

Oana-Mihaela Vestale (Amăriucăi) and Alexandru Trifu
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Oana-Mihaela Vestale (Amăriucăi): Student University “Petre Andrei†of Iaşi
Alexandru Trifu: Professor Ph.D., †Petre Andrei†University of Iasi, Romania

Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Sciences, 2022, vol. 30, 301-318

Abstract: We are entering an unprecedented phase of innovation. The green growth opportunities are at the forefront and occur at a rapid pace. We work with climate-focused innovators, from pre-funded start-ups and unicorns to entrepreneurial operators. In order to implement the policies associated with the green economy and the sustainable development (Stiglitz, 2010), it is necessary to have, first of all, a joint effort of all countries, campaigns to raise the awareness of the importance of this phenomenon, as well as to provide timely and applicable solutions. The green economy involves using natural resources, energy and new technologies alongside clean production methods in order to foster economic growth and create new jobs. This concept calls for the creation of new sustainable consumption and production models that do not push the ecosystem to its limits. It is clear that the transition to a green and circular economy will benefit some groups and sectors and put pressure on others. The policy makers will need to be fair toward all parties and provide support measures to facilitate and guide the necessary socio-economic transition.

Keywords: Circular economy; sustainable development; green products/services; high quality (search for similar items in EconPapers)
JEL-codes: K1 K2 K4 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev11d:v:30:y:2022:i::p:301-318

DOI: 10.18662/upalaw/109

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