Advancing Sustainable Development Through Green Economics

Abstract

Green economy is the only way forward for sustainable development, stability of the economy and protection of the environment. The current paper aims to analyze principles, sectors and technologies that are significant for green economic growth. It includes renewable energy, circular economy, green finance together with sustainable agriculture alongside the problems like high costs of investments, insufficient policies and implementing policies and plans, and societal disparities. Some of the trending upcoming technologies such as artificial intelligence, blockchain and carbon capture are shaping sustainability. The paper also establishes the importance of governments, businesses and civil society organisations in promoting a just transition. To realise these objectives, further concepts are focused on policies, green investments, and green technologies for creating low-carbon and resource efficient economy of the world.