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“Green Economy”: Practical Vector of Sustainable Development of Russia

Author

Listed:
  • Dudin, Mikhail

    () (Russian Presidential Academy of National Economy and Public Administration)

  • Kalendzhyan, Sergey

    () (Russian Presidential Academy of National Economy and Public Administration)

  • Lyasnikov, Nikolaj

    () (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The modern world is a world in which environmental and social aspects play the most significant role in comparison with revenue and profit. Sustainable development (from macroeconomic and microeconomic point of view) is not determined only by the level of economic benefits, but it is such a development which is impossible without social and environmental responsibility of the business, its partnership with the scientific and educational sector. This article outlines the basic solutions that can be used to provide environmentally responsible activities and development of Russian business and corporate structures. The main decisions that must be included in the national environmental policy as a major incentive for the further transition to a sustainable and “green economy” are considered in the article. “Green economy” is not only low carbon, but also environmentally friendly activities of business entities (corporate and business structures). The key aspects of the further development of the “green economy” in Russia can include scientific and practical basic solutions that provide active creation, implementation and use of “green technologies” to provide environmentally responsible sustainable socio-economic growth. At the same time the important tool here may be the transformation of environmental policy aimed at encouraging innovation entrepreneurship and ensuring reduction of anthropogenic and technogenic damage of the environment, natural resource management, as well as the reproduction of the natural capital.

Suggested Citation

  • Dudin, Mikhail & Kalendzhyan, Sergey & Lyasnikov, Nikolaj, 2017. "“Green Economy”: Practical Vector of Sustainable Development of Russia," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 86-99, April.
  • Handle: RePEc:rnp:ecopol:ep1714
    as

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    References listed on IDEAS

    as
    1. Simon Szreter, 2016. "Labor and World Development Through the Lens of Cotton: A Review Essay," Population and Development Review, The Population Council, Inc., vol. 42(2), pages 359-367, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    “green economy”; “green technology”; material production; immaterial production; environmental responsibility;

    JEL classification:

    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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