“Green†Economy and the Tasks of Sustainable Development

Anatoly F. Mudretsov () and Aleksandr N. Pavlov ()

Economics of Contemporary Russia, 2024, issue 3

Abstract: This article notes that climate change, especially global warming, is a problem both at the global level and for many national economies. As a result, a new ideology appeared – “green†and a new type of economy – “green†. The basis of the “green†economy is electronics, computer and space technologies, biotechnologies, the latest energy sources and telecommunications. The main features of the “green†economy are dynamism, innovation, mass individualization, scientific approach and network solutions. This article examines the socio-­economic essence of the “green†economy, as well as the main directions and prospects for its development. It is noted that the formation of a “green†economy will provide many benefits, including increased labor productivity and income, reduction of unemployment and inflation. The ultimate goal of a green economy is to improve people's living standards in the long term and reduce environmental and economic risks for future generations. The article focuses on the different approaches of countries to the transition to a “green†economy due to differences in climate and economic structure. However, a number of countries have similar interests and priorities in achieving climate goals, which leads to the creation of alliances and associations to address these issues. The Eurasian Economic Union (EAEU) is becoming one of such unions, setting a common task – the introduction of the principles of a “green†economy. The article analyzes the implementation of these principles in the EAEU and notes that the countries of this Union are actively working on the formation of a “green†economy, creating technologies for modernization and increasing competitiveness, “Eurasian technology platforms†.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ack:journl:y:2024:id:1002

DOI: 10.33293/1609-1442-2024-3(106)-65-77

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