Abstract

The article examines the essence of the “green” economy, identifies its three components - economic, social, environmental, and justifies the need for the green economy development in Russia. It is argued that the environmental component is a priority for sustainable development. Among the main directions of the “green” economy implementation in Russia, the following is highlighted: rational use of natural resource potential, diversification of energy supply sources, environmental protection, production of organic agricultural products, modernization of housing and communal services, formation of new ecological behavior of the population.

Highlights

  • Modern processes of Russian economy modernization face problems of limited resources and environmental pollution, which further negatively affect the production factors

  • The concept of "green economy" suggests governments, businesses and citizens to move to the development of balanced ways of development, including promoting investments in natural capital, solving problems of energy and providing environmentally friendly food, paying attention to land use and land use planning, optimal allocation of limited resources and improving their management

  • The "green economy" model provides for a harmonious combination of the economic needs of society with the need for permanent restoration and preservation of the environment

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Summary

Introduction

Modern processes of Russian economy modernization face problems of limited resources and environmental pollution, which further negatively affect the production factors. One of the directions of ensuring the sustainable development of the domestic economy is the introduction of "green" technologies that contribute to reducing the risk to the environment and resource conservation, as well as attracting private, public and international investments. The "green" economy stimulates green growth, which, according to the Organization for Economic Cooperation and Development (OECD), consists in identifying more environmentally friendly sources, developing new environmentally oriented industries, creating jobs and technologies. Growth must boost investment and innovation, which form the basis of sustainable development and lead to the emergence of new economic opportunities. The intensification of the processes of "green" economy implementation requires a thorough study of its formation features, system-forming factors and the impact on the sustainable development of the state.

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