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Andreea Cozea () and Gheorghe-Cosmin Manea ()
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Andreea Cozea: National Research and Development Institute for Industrial Ecology
Gheorghe-Cosmin Manea: Bucharest University of Economic Studies

Romanian Economic Business Review, 2022, vol. 17, issue 1, 23-31

Abstract: With the evolution of the human society, the need for intense industrial exploitation has also emerged, leading to the continuous degradation of the environment. Therefore, there was a need to protect these resources without depleting them, even if environmental protection and industrial development are antagonistic processes. Thus came the term "sustainability" of the environment to optimize the interaction between society and nature. This paper highlights the importance of sustainability and of the concept of carrying out activities without depleting available resources and without destroying the environment, so without compromising the possibilities of meeting the needs of future generations. The concept involves establishing a balance between economic growth and environmental protection and finding alternative resources. Thus, sustainability aimed at introducing some phrases: ecological balance, economic security and social equity. Therefore, sustainability does not only refer to the change of societal behavior regarding the environment, but also to the change of the conception regarding the economy, society and politics. A strategy at the level of the European Union has been developed and implemented in this sense, disseminated at the level of the member states that have taken over and adopted starting from the political level to the economic societies and citizens. This strategy with key objectives has materialized through the implementation of laws, clear procedures for implementation, monitoring and compliance, with the obligation to report from the European Commission and the member states on the commitments made. It was concluded that an adequate number of collaboration networks between the various institutions, agencies, should be created as tools to promote good practices to provide all stakeholders with important resources and support in addressing sustainability.

Keywords: Sustainability; Economy; Concept; Strategy; Human Society; Available Resources (search for similar items in EconPapers)
Date: 2022
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