Paper Title :“Sustainability and Green Economics”

Author :Shahid Rafique, M. Usama Masood, Ayesha Nadeem

Article Citation :Shahid Rafique ,M. Usama Masood ,Ayesha Nadeem , (2024 ) " “Sustainability and Green Economics” " , International Journal of Advances in Mechanical and Civil Engineering (IJAMCE) , pp. 17-24, Volume-11,Issue-2

Abstract : Sustainability and green economics have emerged as pivotal themes in today's global landscape, profoundly impacting business practices, economic systems, and environmental conservation efforts. This research paper undertakes a comprehensive analysis to elucidate the multifaceted dynamics of sustainability and green economics and their profound implications for contemporary societies. This study commences with a thorough exploration of the foundational concepts of sustainability and green economics, tracing their evolution from niche concerns to mainstream imperatives. It embraces theoretical frameworks such as the circular economy and the triple bottom line, shedding light on the intricate interplay between environmental, social, and economic dimensions. Through an extensive literature review, it captures the essence of sustainability as a holistic approach to addressing pressing global challenges. The core of this research delves into the nexus between sustainability and economic growth. Drawing from empirical evidence and case studies, it offers insights into how sustainable practices have been implemented across diverse industries, examining their impact on economic indicators. These findings spotlight the potential synergies between environmental stewardship and economic prosperity. The research paper also explores the hurdles and challenges encountered by businesses as they endeavor to adopt sustainable practices, emphasizing the complexities surrounding the transition towards green economics. Furthermore, it examines notable international policy initiatives and agreements, such as the Paris Agreement and the United Nations Sustainable Development Goals, to contextualize the global commitment to sustainability. Keywords - Comprehensive, Economics, Green, Sustainability

Type : Research paper

Published : Volume-11,Issue-2

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