Sustainable Development Green Index: measuring progress towards sustainable development goals in the European Union

Abstract

The EU positions itself at the forefront of the global green agenda. Therefore, it is necessary to assess the development of European countries considering the "green" component of this process. Not all currently known indices cover all aspects of sustainable development. The article aims to develop a Sustainable Development Green Index (SDGI), which, on the one hand, would be used as an effective tool for measuring progress in the implementation of sustainable development goals; and, on the other hand, would take into account ecоnоmic, sоcial, educatiоnal, envirоnmental and pоlitical aspects. This study's results demonstrate effectiveness of the suggested tool. Practical application of the SDGI may be instrumental for reaching faster movement towards Sustainable Development Goals in the European Union.