Abstract

Economic activities are increasingly carried out in modern conditions, a situation which is often linked to a negative impact on the environment. They have now reached such a level that they can be considered a real factor in climate formation and modeling. Such a trend has generated a lot of initiatives and strategies aimed at a green economy development. Thus, special public policy measures for the green economy and green growth have been developed and also implemented in the last few years. The analysis of the main challenges in the field of economic and environmental development, as well as the public policies for a green economy, is a real concern. More and more, the global trends for sustainable development are represented by green economy and green growth. The purpose of the present article is to present and analyze the issue of green economy and green growth, which is a new operating strategy both globally and European level. Green growth represents a practical tool for achieving the objective of sustainable development, as a timeless objective. This means fostering economic growth and development, while ensuring that the natural assets continue to provide environmental resources and services. We will try also to systematize the main challenges in the field of economic and environmental development, taking into account their specific characteristics, and to provide relevant suggestions for public policies related to reducing the impact of economic activities on the environment. Additionally, particular attention is focused here on establishing the kind of relationship that occurs between the green economy, green growth and sustainable development. In this regard, we will analyze the purpose of the simultaneous functioning of these three green ideas. We consider that the co-existence of the three green ideas (green economy, green growth and sustainable development) is reasonable due to the complementary and simultaneous nature of these concepts.

Highlights

  • Towards the end of the twentieth century, the so-called consumer society has been installed, which correlates with the population growth trend, the intensification of the urbanization process, the development and diffusion of information and communication technology, the progressive increase of the population’s standard of living, and with the significant reduction of natural resources and product life cycle ([1] pp. 22–24)

  • The complex, difficult and absolutely necessary process of transition to a green economy is correlated with the reconsideration of unsustainable consumption and production patterns, in order to identify future development opportunities

  • The green economy can be associated with the sharing economy, with peer-to-peer and mesh economy, as well as with no-growth economy, as a policy strategy for responding to the limits of economic growth correlated with the decrease of natural resources

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Summary

Introduction

Towards the end of the twentieth century, the so-called consumer society has been installed, which correlates with the population growth trend, the intensification of the urbanization process, the development and diffusion of information and communication technology, the progressive increase of the population’s standard of living, and with the significant reduction of natural resources and product life cycle ([1] pp. 22–24). Starting from the concept of the green economy, this implies by its definition, a direct reference to improving the quality of life and social equity and the need to reduce environmental risks and the ecological deficit From this perspective, the transition to such an economy raises an interpretation in terms of resource efficiency through the implementation of innovative approaches designed to optimize resource consumption and reduce pollutant emissions. The transition to a green economy is a medium and long-term process that involves a political commitment of states that want to change the model of their economic development This process involves initiatives related to public involvement in implementing a green approach in national policies (renewable energy, energy efficiency of buildings, technologies and processes with low GHG emissions), the promotion of environmental footprint

The European Framework of the Green Economy
The National Framework of the Green Economy
Findings
Final Conclusions
Full Text
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