Green economy: content and methodological approaches

Abstract

The existing economic development model needs to fit into the sustainable development framework due to the continuing depletion of natural resources and the continuing disproportions in economic growth. Therefore, a new concept was introduced, a "green economy", which emphasises improving the population's quality of life while minimising the use of resources and preserving nature for subsequent generations. However, discussions about the green economy measurement methodology continue. Based on the literature analysis, the authors clarified approaches towards the concept under consideration. They developed a novel approach to a green economy in the context of the basic principles of sustainable development.