Abstract

The impact of neoliberal economic principles on environmental sustainability is investigated in this study, which critically investigates the complex relationship between neoliberalism and climate change. Neoliberalism has dominated the development of international economic policies. It is typified by its commitment to free markets, minimal government involvement, and the promotion of economic growth. Concurrently, due to human activity, the globe is experiencing a severe ecological crisis in the form of climate change. This study examines the relationship between neoliberalism and climate change, evaluating the efficacy of market-based remedies, the effects of deregulation, and the possibility of a worsening of socioeconomic inequalities. The study intends to provide light on the complexity and conflicts involved in reconciling the principles of neoliberalism with the goal of reducing climate change consequences and supporting long-term environmental sustainability through a thorough assessment of the literature and case studies.

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