Background and genesis of the development of the definition and essence of the Green Economy

Abstract

Object: to reveal the essence of green economy and to explore the history of the development of the definition of green economy. Methods: methods of system, dynamic and structural analysis. Findings: the analysis of existing definitions of “green economy” was carried out and revealed a variety of not always similar opinions and interpretations of its definition. The search and formulation of the most precise and capacious modern definition of “green economy” was carried out. Russian and international scientific research on the topic of sustainable development and green economy were studied. Conclusions: as a result, the author concludes that it is necessary to develop a new definition of “green economy”, which will unambiguously define its essence. In conclusion, the author emphasizes that the concept of “green economy” does not replace the concept of sustainable development, but the achievement of sustainability of the state depends almost entirely on the formation of the “right” economy.