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Green Investments: Opportunities for Sustainable Economic Growth

Author

Listed:
  • Cristina DIMA

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Florina BRAN

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Carmen-Valentina RADULESCU

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

In the current post-crisis context, the relationship between the environment, climate changes and economic development is of real interest for the community, for the authorities and the business environment. Climate change has a relevant impact in terms of the fact that it affects the development of the economy and also creates imbalances at the ecological level. Definitely, identifying solutions to climate change that help policy-makers and private companies achieve growth goals and reduce environmental impact has become a sine qua non. The implementation of green investments by the private business environment is imperative for the economy and the green growth strategy. Restructuring the economy is an important step to overcome the post-crisis impasse and combat the harmful effects of climate change. In this regard, the paper aims to highlight the potential benefits of the transition to a green economy in terms of sustainable development and the emergence of the circular economy concept, in which the use of a product as much as possible is promoted, and when it reaches the end of its life, the materials of which it is composed are recycled and put back into use, being able to be used again and again, thus creating an added value.

Suggested Citation

  • Cristina DIMA & Florina BRAN & Carmen-Valentina RADULESCU, 2023. "Green Investments: Opportunities for Sustainable Economic Growth," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 95-101.
  • Handle: RePEc:ddj:fseeai:y:2023:i:3:p:95-101
    DOI: 10.35219/eai15840409367
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    References listed on IDEAS

    as
    1. World Bank, 2011. "The Changing Wealth of Nations : Measuring Sustainable Development in the New Millennium," World Bank Publications - Books, The World Bank Group, number 2252, April.
    2. World Bank, 2012. "Inclusive Green Growth : The Pathway to Sustainable Development," World Bank Publications - Books, The World Bank Group, number 6058, April.
    3. Nicoleta CRISTACHE & Carmen OPRIT MAFTEI & Marian NASTASE & Adriana PUSTIANU & Ciprian MATIS & Veronica ISTRATE ACHIM, 2019. "Exploring Romanian Entrepreneurs’ Social Identity," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 80-85.
    4. Nicoleta Cristache & Marian Nãstase & Radu Petrariu & Margareta Florescu, 2019. "Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 536-536, August.
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