Implementation of “green” economy principles in the forest sector

Abstract

This work focuses on the principles of green economy in relation to the role of the forest sector in combating the effects of climate change. The threat to humanity comes from deforestation and forest degradation, leading to an increase in global carbon dioxide emissions. It is indicated that the implementation of the “green” principles of forestry development is aimed at reducing carbon emissions, efficient use of resources and social integration. The key elements of the developed mechanism are institutional and economic tools, “green” principles, indicators and a set of measures for the preservation and increase of natural capital, carbon sequestration, prevention of loss of ecosystem services and biodiversity, income growth and employment. Green economy is an important subsystem of sustainable development that integrates low-carbon, resource efficiency and social welfare. It has been proven that criteria and indicators are an important tool for the implementation of forest policy. Introduction of the green economy principles in the forest sector is aimed at fulfilling international obligations, introducing a system for regulating greenhouse gas emissions, obtaining additional income from tax collections, land rent, protecting the interests of all stakeholders, including the population and forest workers, efficient use of resources forests, taking into account the value of ecosystem services when making decisions.