Methodological principles of the formation the concept of green economy

Abstract

Introduction. A “green economy” is an economy that aims to reduce environmental risks and environmental deficits, and that aims at sustainable development without environmental degradation. It is closely related to environmental economics, but has a more politically applied orientation. A green economy is socially inclusive, produces very little carbon and is resource efficient. In this aspect, the problem of forming new ways of development for the restoration of the natural environment, while ensuring a decent standard of living for people, becomes particularly important. Among the important results of such searches are the concept of “green economy” and indicators of “green economy”, their adaptation to the real conditions of the country and regions.The purpose of the article is to research and analyze the methodological foundations of the formation of the concept of green economy, its main principles and indicators.Methods. The methodological basis of the research is theoretical generalization and comparison, analysis and synthesis, carrying out scientific knowledge in order to define the concept of “green economy” and the concept of “green economy”. The statistical and factual basis of the study is the official data of the statistical organization of the European Commission - Eurostat.Conclusions and prospects of further research. The concept of “green economy” is defined, which is based on minimizing the impact on the environment, social justice, ensuring a high level of well-being. The concept of “green economy” has gained special importance in recent years. The goal of the “green economy” is the formation of an effective environment for economic and social progress, based on minimizing the negative impact on the environment and effective use of natural resources while maintaining a decent population balance; reducing waste or ensuring its proper disposal is an important part of the ongoing process of economic development to protect lives and livelihoods and transition to a vibrant green and sustainable economy.Prospects for further research consists in applying the principles and concept of “green economy” for the transition and development of the domestic “green economy”.