ENABLING FACTORS OF THE GREEN ECONOMY TRANSITION

Anita Boros

Economy & Business Journal, 2025, vol. 19, issue 1, 94-112

Abstract: In response to the global challenges of climate change and environmental degradation, the process of green economy transition has significantly accelerated in the last decade. The aim of this study is to provide a comprehensive picture of the international and national policy instruments, economic incentives and legal frameworks used between 2015 and 2025 to facilitate the transition to a green economy. The study identifies the most important areas of intervention based on a systematic literature review: the research reviews fiscal, regulatory, market-based and social integration instruments used in international practice and their effectiveness. The results show that a successful green economy transition requires a multi-level, integrated policy framework. The article highlights the importance of long-term planning, predictable regulation and social acceptance, multi-level governance and stakeholders in ensuring an effective green transition.

Keywords: green economic transition; policy instruments; economic incentives; legal frameworks; areas of intervention (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:isp:journl:v:19:y:2025:i:1:p:94-112

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