Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction

The article explores emergence and development of contemporary approaches to greening of economics in terms of their similarities, contradictions and possibilities for mutual enrichment. The approaches discussed in the papaer include ecological economics, green economy, blue economy, brown economy,...

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Main Authors: Ion Dubovich, Adamovsky Alexander, Khrystyna Vasylyshyn, Vitaliy Soloviy
Format: Article
Language:English
Published: Ukrainian National Forestry University 2018-10-01
Series:Наукові праці Лісівничої академії наук України
Subjects:
Online Access:http://fasu.nltu.edu.ua/index.php/nplanu/article/view/241
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author Ion Dubovich
Adamovsky Alexander
Khrystyna Vasylyshyn
Vitaliy Soloviy
author_facet Ion Dubovich
Adamovsky Alexander
Khrystyna Vasylyshyn
Vitaliy Soloviy
author_sort Ion Dubovich
collection DOAJ
description The article explores emergence and development of contemporary approaches to greening of economics in terms of their similarities, contradictions and possibilities for mutual enrichment. The approaches discussed in the papaer include ecological economics, green economy, blue economy, brown economy, inclusive transformational economics, circular economy, bioeconomics (bioeconomy), economics of ecosystems and biodiversity and physical economy. In 2008, in response to the financial and economic crises, the United Nations Environment Program announced transition to a green economy. The link between the concepts of “green economy” and “sustainable development” is explored, considering green economy’ aspiration for convergence between different pillars of sustainability, but the strategy of transition to a “green economy” needs more thorough development of economic levers at the level of both national economy and individual sectors. Circular economy is another novel concept deserving attention – being officially adopted by EU, China and a number of other countries, it promotes rational use of raw materials, including metals, energy, chemical and industrial raw materials, as well as water and biomass. A new important transdisciplinary trend in the economics is bioeconomics, closely linked to energy efficiency, sustainable agriculture, efficient use of waste and renewable energy. Wider application of bioeconomics would help to achieve multiple Sustainable Development Goals, particularly eradication of hunger and poverty, as well as climate change mitigation and adaptation. We determine ecological economics as the primary tool for implementing the universally accepted concept of sustainable development. In accordance with the principles of the ecological economics, at some stage, the economy must stop growing in material terms. Humans must move from growth to development – increasing human wellbeing with the use of the same amount of energy and resources. We ground the necessity for developing ecological and economic thinking and mentality of society, the way of which lies through greening of education. The greening of education and the development of current economic models in Ukraine can be greatly facilitated through the Association Agreement between Ukraine and the European Union, which provides opportunities for cooperation on life-long education. In order to implement the relevant provisions of the Agreement and the Law of Ukraine “On Education” in 2017, the Ministry of Education and Science of Ukraine began developing the Draft Law of Ukraine “On adult education” in 2017, which focuses on implementing the right of every adult to continuous learning with regard to their personal needs, social development priorities and economic needs. The contemporary task of economics is to help overcome the contradictions between ecological and economic systems, preserve the environment and promote rational use of natural resources. Further research is however needed to determine how each of the alternative economic models can best contribute to the greening of economy. This also requires developing theoretical and methodological bases of these concepts, which would assist their practical realization in the context of Ukraine’s economy.
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spelling doaj.art-76efa54f40534dbd8c084595829852ef2022-12-21T23:16:46ZengUkrainian National Forestry UniversityНаукові праці Лісівничої академії наук України1991-606X2616-50152018-10-0117158164https://doi.org/10.15421/411831241Contemporary models for greening of economics: concepts, unity, contradictions and directions for interactionIon DubovichAdamovsky Alexander Khrystyna VasylyshynVitaliy SoloviyThe article explores emergence and development of contemporary approaches to greening of economics in terms of their similarities, contradictions and possibilities for mutual enrichment. The approaches discussed in the papaer include ecological economics, green economy, blue economy, brown economy, inclusive transformational economics, circular economy, bioeconomics (bioeconomy), economics of ecosystems and biodiversity and physical economy. In 2008, in response to the financial and economic crises, the United Nations Environment Program announced transition to a green economy. The link between the concepts of “green economy” and “sustainable development” is explored, considering green economy’ aspiration for convergence between different pillars of sustainability, but the strategy of transition to a “green economy” needs more thorough development of economic levers at the level of both national economy and individual sectors. Circular economy is another novel concept deserving attention – being officially adopted by EU, China and a number of other countries, it promotes rational use of raw materials, including metals, energy, chemical and industrial raw materials, as well as water and biomass. A new important transdisciplinary trend in the economics is bioeconomics, closely linked to energy efficiency, sustainable agriculture, efficient use of waste and renewable energy. Wider application of bioeconomics would help to achieve multiple Sustainable Development Goals, particularly eradication of hunger and poverty, as well as climate change mitigation and adaptation. We determine ecological economics as the primary tool for implementing the universally accepted concept of sustainable development. In accordance with the principles of the ecological economics, at some stage, the economy must stop growing in material terms. Humans must move from growth to development – increasing human wellbeing with the use of the same amount of energy and resources. We ground the necessity for developing ecological and economic thinking and mentality of society, the way of which lies through greening of education. The greening of education and the development of current economic models in Ukraine can be greatly facilitated through the Association Agreement between Ukraine and the European Union, which provides opportunities for cooperation on life-long education. In order to implement the relevant provisions of the Agreement and the Law of Ukraine “On Education” in 2017, the Ministry of Education and Science of Ukraine began developing the Draft Law of Ukraine “On adult education” in 2017, which focuses on implementing the right of every adult to continuous learning with regard to their personal needs, social development priorities and economic needs. The contemporary task of economics is to help overcome the contradictions between ecological and economic systems, preserve the environment and promote rational use of natural resources. Further research is however needed to determine how each of the alternative economic models can best contribute to the greening of economy. This also requires developing theoretical and methodological bases of these concepts, which would assist their practical realization in the context of Ukraine’s economy.http://fasu.nltu.edu.ua/index.php/nplanu/article/view/241ecological economicsgreen economicsblue economybrown economyinclusive transformational economicscircular economybioeconomicseconomics of ecosystems and biodiversityphysical economy
spellingShingle Ion Dubovich
Adamovsky Alexander
Khrystyna Vasylyshyn
Vitaliy Soloviy
Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
Наукові праці Лісівничої академії наук України
ecological economics
green economics
blue economy
brown economy
inclusive transformational economics
circular economy
bioeconomics
economics of ecosystems and biodiversity
physical economy
title Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
title_full Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
title_fullStr Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
title_full_unstemmed Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
title_short Contemporary models for greening of economics: concepts, unity, contradictions and directions for interaction
title_sort contemporary models for greening of economics concepts unity contradictions and directions for interaction
topic ecological economics
green economics
blue economy
brown economy
inclusive transformational economics
circular economy
bioeconomics
economics of ecosystems and biodiversity
physical economy
url http://fasu.nltu.edu.ua/index.php/nplanu/article/view/241
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AT khrystynavasylyshyn contemporarymodelsforgreeningofeconomicsconceptsunitycontradictionsanddirectionsforinteraction
AT vitaliysoloviy contemporarymodelsforgreeningofeconomicsconceptsunitycontradictionsanddirectionsforinteraction