ENSURING SUSTAINABLE DEVELOPMENT OF THE GREEN ECONOMY OF UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION

Authors

DOI:

https://doi.org/10.31713/ve3202414

Keywords:

green economy, sustainable development, European integration, investment, strategic priorities

Abstract

The article examines the findings of the Green Future Index rating for developed countries in 2023, focusing on specific indicators. It also assesses Ukraine’s economic system from 2021 to  2023 and outlines the theoretical and methodological principles for promoting the progressive development of a green economy in line with international perspectives. A comprehensive analysis of the conceptual frameworks guiding Ukraine’s transition to a green economy is provided, drawing comparisons with developed nations. Additionally, the study evaluates how the factors stemming from the full-scale military invasion of Ukraine impact the potential for  establishing a green economy and maintaining competitive standing on the global stage. A critical review of the prospects for establishing priority foundations necessary for transformational shifts toward a green economy in Ukraine is presented within the context of strategic development plans for 2024-2025. The research emphasizes the importance of recognizing modern qualitative changes in economic dynamics to align them with globalization standards in the economic paradigm. Reports from the United Nations are referenced to analyze forecast economic data regarding the sustainable development of the green economy globally and specifically within Ukraine. The article underscores the necessity of a comprehensive reformation of strategic development vectors for the national economy, factoring in the essential qualitative structural changes needed to foster the sustainable development of Ukraine’s green economy. It highlights key strategic vectors for economic development that are vital for transformative shifts, including access to G7 and European Union markets, green investments, the development of energy infrastructure, and the enhancement of the agricultural and metallurgical sectors to optimize their production capacities, alongside advancements in the military-industrial complex and other areas.

Author Biography

Olena Suduk, National University of Water and Environmental Engineering, Rivne

Candidate of Agricultural Sciences (Ph.D.), Associate Professor

Published

2024-09-27

Issue

Section

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