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The Global Energy Transition as the Basis for the Formation of Green Economy

In: Climate-Smart Innovation Social Entrepreneurship and Sustainable Development in the Environmental Economy

Author

Listed:
  • Natalia N. Gavrilko
  • Anastasia V. Khodochenko
  • Luiza A. Seferyan
  • Marina O. Otrishko

Abstract

The chapter focuses on the energy transition as a necessary prerequisite for developing a green economy. The features of the new energy transition are based on the introduction and use of clean technologies, such as renewable energy and hydrogen. The urgency of taking drastic measures to transition to green energy is connected with the speedy solution to climate problems on the planet. The countries are actively taking measures to decarbonize economic processes; businesses are adopting business strategies that include reducing the negative impact on the environment and introducing green technologies. The paper analyzes current trends in the energy sector to identify the readiness of a new energy transition to the principles of a green economy.

Suggested Citation

  • Natalia N. Gavrilko & Anastasia V. Khodochenko & Luiza A. Seferyan & Marina O. Otrishko, 2023. "The Global Energy Transition as the Basis for the Formation of Green Economy," World Scientific Book Chapters, in: Elena G Popkova & Natalia G Vovchenko & Olga V Andreeva (ed.), Climate-Smart Innovation Social Entrepreneurship and Sustainable Development in the Environmental Economy, chapter 14, pages 217-233, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811264252_0014
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    More about this item

    Keywords

    Climate-smart Innovation; Social Entrepreneurship; Sustainable Development; Environmental Economy; Green Economy; Environmental Marketing; Green Entrepreneurship Practices; COVID-19; Regional Economy; Natural Territory;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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