SUSTAINABILITY IN A GREEN ECONOMY: A LITERATURE REVIEW OF STRATEGIES AND IMPLEMENTATION

Authors

  • Loso Judijanto IPOSS Jakarta, Indonesia Author

Abstract

The green economy aims to harmonise economic growth with environmental protection, by adopting environmentally friendly and sustainable approaches. The study found that key strategies that support a green economy include the use of renewable energy, improved energy efficiency, better waste management and sustainable agricultural practices. In addition, government regulatory support and incentives, as well as the role of technology and innovation, are critical in overcoming implementation challenges. While green economy implementation faces barriers such as high initial costs and resistance from some stakeholders, the long-term benefits are far more significant. These benefits include job creation, improved quality of life, and climate change mitigation. Therefore, deep collaboration between the government, private sector and communities is required to achieve comprehensive sustainability. The research concludes that with an integrated and participatory approach, the transition to a green economy can be successfully realised, making sustainable development the foundation of future economic growth.

Downloads

Download data is not yet available.

References

Castellet-Viciano, L., Hernández-Chover, V., & Hernández-Sancho, F. (2023). The Environment Value System and Green Circular Economy. Circular Economy and Sustainability, Query date: 2024-12-29 08:41:12, 23-41. https://doi.org/10.1007/978-3-031-40304-0_2

Firman, F.-. (2018). QUALITATIVE AND QUANTITATIVE RESEARCH. Query date: 2024-05-25 20:59:55. https://doi.org/10.31227/osf.io/4nq5e

Haar, G. (2024). EU Legislation to a Green Economy. The Great Transition to a Green and Circular Economy, Query date: 2024-12-29 08:41:12, 57-69. https://doi.org/10.1007/978-3-031-49658-5_6

Hernández-Chover, V., Castellet-Viciano, L., & Hernández-Sancho, F. (2023). Economies of Scale in Green Circular Economies. Circular Economy and Sustainability, Query date: 2024-12-29 08:41:12, 85-103. https://doi.org/10.1007/978-3-031-40304-0_5

Iman, N. (2023). Digital Sustainability: Paving the Way Toward a Green Economy? Sustainability and Climate Change,16 (4), 268-277. https://doi.org/10.1089/scc.2023.0069

Jelahut, F. E. (2022). Various Theories and Types of Qualitative Research. Query date: 2024-05-25 20:59:55. https://doi.org/10.31219/osf.io/ymzqp

Kadioglu, I., & Gurbuz, I. B. (2024). Formulating Eco-Friendly Strategies: Transition to Green Economy. Sustainability,16 (11), 4492-4492. https://doi.org/10.3390/su16114492

Martin, R. M. F. (2024). Circular and green economy. Economic Aspects of the Sustainability Transition in Europe, Query date: 2024-12-29 08:41:12, 143-161. https://doi.org/10.4324/9781003224785-11

Mostafazadeh, A. K., Karimiestahbanati, M., Diop, A., Adjallé, K., Drogui, P., & Tyagi, R. D. (2021). Green Chemistry for Green Solvent Production and Sustainability Toward Green Economy. Biomass, Biofuels, Biochemicals, Query date: 2024-12-29 08:41:12, 583-636. https://doi.org/10.1016/b978-0-12-821878-5.00017-9

Ozili, P. K. (2023). Financial Inclusion and Environmental Sustainability. Green Energy and Technology, Query date: 2024-12-29 08:41:12, 25-39. https://doi.org/10.1007/978-3-031-22382-2_2

Schnebel, E. (2021). Finance as Public Good for Sustainability. Green and Social Economy Finance, Query date: 2024-12-29 08:41:12, 112-127. https://doi.org/10.1201/9780429329326-9

Schumacher, K. A., & Green, M. L. (2022). Circular Economy in a High-Tech World. Circular Economy and Sustainability,3 (2), 619-642. https://doi.org/10.1007/s43615-022-00220-7

Shah, M. P., & Das, A. P. (2024). Advanced Green Technology for Environmental Sustainability and Circular Economy. CRC Press. https://doi.org/10.1201/9781003517108

Sheng, Z., Zhu, C., & Chen, M. (2024). Exploring the Impact of the Digital Economy on Green Total Factor Productivity-Evidence from Chinese Cities. Sustainability,16 (7), 2734-2734. https://doi.org/10.3390/su16072734

Downloads

Published

2024-12-29 — Updated on 2025-01-01

Versions

Issue

Section

Articles