Abstract

Development of the green economy stands as a global imperative in the present day, with particular emphasis on harmonizing industrial production with environmental standards and social responsibility. In Ukraine, the wood processing industry holds strategic importance as it has the potential to become one of the driving forces behind the development of the green economy while simultaneously fostering labor market growth. In the context of the global transition to sustainable development, the relevance of this research lies in defining the strategic role of the wood processing industry for Ukraine's green economy and labor market. The article's objective is to evaluate the potential of the wood processing sector in the context of economic greening and its impact on job creation. Tasks include analyzing the current state of the industry, identifying major problems, and developing solutions. The article provides a comprehensive analysis of the industry's development dynamics, identifies the main challenges it has faced, and outlines strategic development directions in accordance with the concept of the green economy. The necessity of state support, production modernization, and enhanced energy efficiency to strengthen the industry's competitiveness is justified. It is proven that the wood processing industry has a high potential for boosting employment and can play a key role in the realization of a green economic development model. The sector faces several serious issues, such as armed conflicts, workforce problems, and environmental aspects, which require a comprehensive approach to address. The implementation of strategic development orientations, including the development of the domestic market, innovation, investment attraction, and increased environmental awareness, is crucial for achieving successful outcomes. A set of strategic initiatives is proposed, including investments in technological upgrades and energy efficiency, market diversification, and the development of the domestic market. The conclusions highlight that the successful implementation of the recommended measures will enable Ukraine to optimize the structure of the wood processing industry, create new jobs, and strengthen the country's economy in the transition to sustainable development principles.

Full Text
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