Environmental economics and sustainable development

Environmental economics plays a pivotal role in shaping policies and strategies for sustainable development in the contemporary world. The intricate relationship between economic activities and the environment calls for an interdisciplinary approach that integrates ecological, social, and economic f...

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Main Authors: Suleymanov Magomed, Huazheva Aminat, Akhyadov Elman
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:BIO Web of Conferences
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2023/21/bioconf_bchd2023_08007.pdf
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author Suleymanov Magomed
Huazheva Aminat
Akhyadov Elman
author_facet Suleymanov Magomed
Huazheva Aminat
Akhyadov Elman
author_sort Suleymanov Magomed
collection DOAJ
description Environmental economics plays a pivotal role in shaping policies and strategies for sustainable development in the contemporary world. The intricate relationship between economic activities and the environment calls for an interdisciplinary approach that integrates ecological, social, and economic factors. This article explores the multifaceted connection between environmental economics and sustainable development. It delves into key concepts, such as externalities, market failures, and policy instruments, that inform decision-making processes aimed at achieving environmental sustainability. Additionally, it highlights the challenges and opportunities associated with incorporating environmental considerations into economic paradigms. Through case studies and empirical evidence, the article underscores the real-world implications of environmental economics on sustainable development. It also emphasizes the importance of proactive policies and global cooperation to address pressing environmental issues, promote responsible resource management, and work toward a more sustainable and equitable future.
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spelling doaj.art-747d927f29da42148b5b540f0abb4b9c2024-01-17T14:56:16ZengEDP SciencesBIO Web of Conferences2117-44582023-01-01760800710.1051/bioconf/20237608007bioconf_bchd2023_08007Environmental economics and sustainable developmentSuleymanov Magomed0Huazheva Aminat1Akhyadov Elman2Dagestan State UniversityAdyghe State UniversityKadyrov Chehchen State UniversityEnvironmental economics plays a pivotal role in shaping policies and strategies for sustainable development in the contemporary world. The intricate relationship between economic activities and the environment calls for an interdisciplinary approach that integrates ecological, social, and economic factors. This article explores the multifaceted connection between environmental economics and sustainable development. It delves into key concepts, such as externalities, market failures, and policy instruments, that inform decision-making processes aimed at achieving environmental sustainability. Additionally, it highlights the challenges and opportunities associated with incorporating environmental considerations into economic paradigms. Through case studies and empirical evidence, the article underscores the real-world implications of environmental economics on sustainable development. It also emphasizes the importance of proactive policies and global cooperation to address pressing environmental issues, promote responsible resource management, and work toward a more sustainable and equitable future.https://www.bio-conferences.org/articles/bioconf/pdf/2023/21/bioconf_bchd2023_08007.pdf
spellingShingle Suleymanov Magomed
Huazheva Aminat
Akhyadov Elman
Environmental economics and sustainable development
BIO Web of Conferences
title Environmental economics and sustainable development
title_full Environmental economics and sustainable development
title_fullStr Environmental economics and sustainable development
title_full_unstemmed Environmental economics and sustainable development
title_short Environmental economics and sustainable development
title_sort environmental economics and sustainable development
url https://www.bio-conferences.org/articles/bioconf/pdf/2023/21/bioconf_bchd2023_08007.pdf
work_keys_str_mv AT suleymanovmagomed environmentaleconomicsandsustainabledevelopment
AT huazhevaaminat environmentaleconomicsandsustainabledevelopment
AT akhyadovelman environmentaleconomicsandsustainabledevelopment