Green Investments: Opportunities for Sustainable Economic Growth

Cristina Dima, Florina Bran and Carmen-Valentina Radulescu
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Cristina Dima: Bucharest University of Economic Studies, Bucharest, Romania
Florina Bran: Bucharest University of Economic Studies, Bucharest, Romania
Carmen-Valentina Radulescu: Bucharest University of Economic Studies, Bucharest, Romania

Economics and Applied Informatics, 2023, issue 3, 95-101

Abstract: In the current post-crisis context, the relationship between the environment, climate changes and economic development is of real interest for the community, for the authorities and the business environment. Climate change has a relevant impact in terms of the fact that it affects the development of the economy and also creates imbalances at the ecological level. Definitely, identifying solutions to climate change that help policy-makers and private companies achieve growth goals and reduce environmental impact has become a sine qua non. The implementation of green investments by the private business environment is imperative for the economy and the green growth strategy. Restructuring the economy is an important step to overcome the post-crisis impasse and combat the harmful effects of climate change. In this regard, the paper aims to highlight the potential benefits of the transition to a green economy in terms of sustainable development and the emergence of the circular economy concept, in which the use of a product as much as possible is promoted, and when it reaches the end of its life, the materials of which it is composed are recycled and put back into use, being able to be used again and again, thus creating an added value.

Keywords: green investments; economic growth; sustainable development (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2023:i:3:p:95-101

DOI: 10.35219/eai15840409367

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