An Empirical Investigation on the Transition Process toward a Green Economy

Autor: Mircea-Iosif Rus, Larissa Batrancea, Malar Maran Rathnaswamy, Ioan Batrancea, Marcel Ciprian Pop
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Sustainability, Vol 13, Iss 13151, p 13151 (2021)
Sustainability; Volume 13; Issue 23; Pages: 13151
ISSN: 2071-1050
Popis: The study investigates the transition process and core principles of a green economy. At a global level, green growth represents the essence of a green economy. In this context, the process of restructuring the market economy and transitioning toward a green economy implies continuous efforts and interdependence since it cannot be achieved in isolation. The model of restructuring economic activities to the specificity of a green economy addresses the interdependent pillars of sustainable development: environmental concerns; renewable energy; low carbon levels. Nevertheless, the green economy model that is applied to advanced economies cannot be implemented to low-income economies because of development gaps. Moreover, emerging economies also have other goals and priorities that demand changes into the green economy model of advanced economies.
Databáze: OpenAIRE