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Environmental Economics and the SDGs: A Review of Their Relationships and Barriers

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  • Widhayani Puri Setioningtyas

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences, 2100 Gödöllő, Hungary)

  • Csaba Bálint Illés

    (Institute of Economic Sciences, Hungarian University of Agriculture and Life Sciences, 2100 Gödöllő, Hungary)

  • Anna Dunay

    (Institute of Economic Sciences, Hungarian University of Agriculture and Life Sciences, 2100 Gödöllő, Hungary)

  • Abdul Hadi

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences, 2100 Gödöllő, Hungary)

  • Tony Susilo Wibowo

    (Department of Management, Faculty of Economic and Business, Universitas PGRI Adi Buana, Surabaya 60234, Indonesia)

Abstract

Recently, environmental issues have increased, whereas the Earth’s natural resources have deteriorated. These problems have forced people and companies to engage in environmental economics to achieve sustainability. However, several barriers have been identified in the implementation of environmental economics. This literature review provides insights into environmental economics and the sustainable development goals (SDGs), as well as the correlation between these two subjects in general. Thus, information about potential barriers to the implementation of environmental economics and possible solutions will be presented. A total of 75 documents were analyzed, including articles, books, official reports, or paperwork from governments and/or related institutions. This study is beneficial, especially for developing countries that are just preparing for, or in the process of conducting, the initial implementation of environmental economics, as well as achieving the sustainable development goals. Interdisciplinary topics that integrate human aspects with environmental economics are limited yet crucial for future research.

Suggested Citation

  • Widhayani Puri Setioningtyas & Csaba Bálint Illés & Anna Dunay & Abdul Hadi & Tony Susilo Wibowo, 2022. "Environmental Economics and the SDGs: A Review of Their Relationships and Barriers," Sustainability, MDPI, vol. 14(12), pages 1-24, June.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:12:p:7513-:d:843399
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    References listed on IDEAS

    as
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    2. Schneider Friedrich, 2010. "The Influence of Public Institutions on the Shadow Economy: An Empirical Investigation for OECD Countries," Review of Law & Economics, De Gruyter, vol. 6(3), pages 441-468, December.
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