Year: 2024 | Month: February | Volume 69 | Issue 1Special
The Relationship between the Green and Digital Economy in the Concept of Sustainable Development
Nataliia Reznikova
Volodymyr Panchenko
Viktoriia Karp
Myhailo Grod and Svitlana Stakhurska
DOI:10.46852/0424-2513.1.2024.41
Abstract:
The question of the relationship between the green and digital economies is extremely important in terms of preserving the planet and ensuring sustainable development. The purpose of the study is to establish the relationship between the green and digital economies by combining the general and specific characteristics that arise under the conditions of sustainable development. The presented research uses the following methods: analysis and synthesis to determine the main features of digital and green economies, induction and deduction to determine the directions of further development of economic processes within the framework of sustainable development; an expert method for determining the assessment of the degree of influence of groups of factors of the external environment on the relationship between the digital and green economy, a graphic method for visual display of research results. In order to build a relationship between the green and digital economies, the authors suggested establishing a balance between their features. When comparing the digital and green economies, their regularities were revealed, which made it possible to build a system of interconnection of the green and digital economies. This makes it possible to implement infrastructure projects, form a state order for the development of new and development of existing digital platforms, form the ability to implement elements of high-tech transport and communal infrastructure, develop the institute of green finance, green financial instruments, as well as green trends in tax and investment policy, promote formation of green economy clusters and others. Uncovering and studying the relationship between the green and digital economy becomes an effective way to overcome the crisis situation when the economy is growing.
Highlights
- The synergy between the green and digital economies offers a viable pathway towards sustainable development, albeit with the need to address challenges such as the environmental impact of digital infrastructure and ensuring equitable access to digitalization.
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