Search Results (5)

The global climate, ecological, and energy crisis has increased the interest in the green economy (GE) concept that aims to resolve environmental problems while promoting economic growth, social stabilization, and creating favorable conditions for sustainable economic growth. The implementation of GE solutions requires an assessment system for evaluating the extent to which business operations are consistent with GE principles. In this study, the environmental, economic, and social dimensions of the quality of life were identified, and agricultural factors were considered to determine the progress in the implementation of GE principles. The correlation between the success of GE implementation and the utilization of environmental funding provided by the Common Agricultural Policy (CAP) was analyzed. A composite GE index composed of 19 variables was developed for this purpose with the use of Hellwig’s taxonomic measure of development. The strength of the correlation between GE implementation and the utilization of green payments under the CAP was evaluated by calculating Pearson’s correlation coefficient. Polish rural areas were analyzed at the level of Local Administrative Units (LAU). The study revealed spatial variations in GE development, and it demonstrated that local projects financed from EU funds had a positive impact on the environment. However, the utilization of EU support schemes differs considerably across Polish regions. The analysis revealed that agri-environmental-climate measures (spending per ha) were most strongly correlated with the economic dimension of the quality of life. Southern Poland and suburban areas differed considerably from Eastern Poland where green payments were less effective in promoting GE development. The results of this study are useful for planning, land management, and the development of socioeconomic development strategies at the municipal, regional, and local level. Full article

The use of geothermal energy (GE) and the green economy in the environment of Slovak municipalities and towns is significant, due to the reduction in the negative influences and impacts of human society’s constant consumer lifestyle. The authors highlight the use of modern scientific knowledge, practical experience, and ever-improving technologies in the field of renewable energy sources RES. The aim of this contribution is to draw attention to the under-utilization of GE’s potential in Slovakia. Given the country’s commitment to meeting emission limits under EU carbon neutrality agreements by 2050, the use of this resource is very pertinent. Slovakia has significant geothermal resources that are not currently sufficiently utilized. The article suggests using GE to heat housing units of the housing estate near the geothermal source. Three scenarios (60 °C (pessimistic), 65 °C (conservative), and 70 °C (optimistic)) were considered in our energy balance and economic advantage calculations. The green economy offers a sustainable way of using the earth’s resources. The financial calculations regarding the amount of investment, the expected financial return and the possible values of the saved emissions confirm the possibility of the further use of GE technology. The information under consideration can be used in other significant territories, which may be a theme for further research in this field. Full article

Multidimensional crisis phenomena (financial–economic, environmental and social), plaguing the international community, especially in the last 30 years, have intensified resentment towards traditional models of growth and socio-economic development. The European Commission has placed the idea of a green economy (GE) at the heart of the Europe 2020 strategy. This paper presents an assessment of the implementation of the green economy assumptions in EU countries in 2018, taking 2010 as the base year. Using taxonomic methods, a synthetic evaluation index (GEI—Green Economy Index) was constructed based on a multi-criterion set of 27 indicators. This paper attempts to answer the following questions: How green are the European economies? What are the main challenges in this context? The average value of the index for the EU countries decreased in the studied years from 0.3423 to 0.3294, which can be interpreted as a slowdown in the greening processes. The key recommendations for the upcoming years include the improvement of energy efficiency indicators, the further increase in the share of renewable energy sources in the energy balance. Moreover, a significant problem continues to be the high percentage of the population at risk of poverty or social exclusion, as well as low CO₂ and resource productivity rates. Full article

Green finance (GF) regards social responsibility and environmental protection interests as the core of development and has become a new growth point and a new engine for promoting the development of the green economy (GE). To more accurately grasp the coordination between GF and the GE, the selection of appropriate indicators and feasible methods is worth exploring. Aiming at sustainable development by evaluating the coupling coordination between GF and the GE by means of a comprehensive index system and an integrated approach, this study establishes a coupling coordination degree model based on panel data of 30 Chinese provinces over the period 2007–2016. Furthermore, it evaluates the spatial distribution difference and dynamic evolution trend of the coordination by introducing global/local spatial autocorrelation, a space Markov chain, and a local indicators of spatial association (LISA) Markov chain. According to the research results, the coupling coordination degrees of the provinces exhibit gradual upward trends, and most regions in China are in a barely coordinated state at present. The coordination degree of GF and the GE shows strong spatial dependence overall, and partially presents the characteristics of “high-high (HH)” and “low-low (LL)” clustering patterns. The forecast results show that the future coordination of GF and the GE will remain stable and be affected by the coordinated development of surrounding areas. Full article

Global economic trends have shown the progression of social inequalities and environmental deterioration in the grey economy. New economic practices and policies need to be developed in order to achieve the sustainable development goals (SDGs). A green economy (GE) has a correlative role with the implementation of sustainable development (SD), which could revive the grey economy, human well-being, and social equity, as well as substantially decrease environmental risks and ecological scarcities. This study aims to develop a hybrid methodological and mathematical approach to prioritize the most effective variables from classified GE and SDGs criteria (23 criteria) to implement SD. This study has deliberated over the Decision making trial and evaluation laboratory (DEMATEL) technique for considering interconnections among numerous criteria to collect the most effective variables (12 criteria) based on three pillars (3Ps) of SD. Likewise, the analytic network process (ANP) technique ranked these effective variables by considering their network relations based on three indicators. Lastly, integration was used to finalize and prioritize the most effective variables based on their weight from the ANP technique. This study will highlight the green economy with exclusive environmental issues and sustainable growth as the greatest effective variables among GE and SDGs criteria for SD implementation. Full article