Theoretical and practical aspects of low-carbon economic transformation
DOI:
https://doi.org/10.33730/2310-4678.1.2025.324361Keywords:
sustainable development, climate change, energy efficiency, renewable energy, international agreements, economic sustainability, development strategies, practical initiatives, sustainability of economic modelsAbstract
The article defines and analyzes the theoretical and practical aspects of the low-carbon transformation of the economy as a key element of sustainable development. The main strategies and methods of implementing the concepts of low-carbon development in the context of modern challenges related to climate change and economic sustainability are substantiated. It was determined that the low-carbon transformation of the economy requires a comprehensive approach that combines theoretical knowledge with practical measures to achieve sustainable and effective development, and the challenges and opportunities of the low-carbon transformation of the economy were analyzed. It has been proven that the correct implementation of renewable energy sources, energy efficiency and other sustainable technologies in various sectors will help achieve decarbonisation at the lowest possible costs. Recommendations for a successful low-carbon transformation of the economy have been developed.
References
IPCC. (2022). Climate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change. Retrieved from https://www.ipcc.ch/report/ar6/wg3/
OECD. (2015). Monitoring Green Transition: A strategic approach to local development. OECD Local Economic and Employment Development (LEED) Papers, No. 2015 (07), doi: https://doi.org/10.1787/a053bed3-en
World Bank. (2018). Climate Change: Risks, Impacts and Response.. Retrieved from http://bit.ly/4iuJhjK
Stiglitz, J., Sen, A., & Fitoussi, J.P. (2010). Report by the Commission on the Measurement of Economic Performance and Social Progress. Retrieved from https://ec.europa.eu/eurostat/documents/8131721/8131772/Stiglitz-Sen-Fitoussi-Commission-report.pdf
Stern, N. The Review on the Economics of Climate Change. Retrieved from https://www.lse.ac.uk/granthaminstitute/publication/the-economics-of-climate-change-the-stern-review/
World Bank (2010).World Development Report 2010: Development and Climate Change. Retrieved from https://digitallibrary.un.org/record/1305257?ln=ar
Grubb, M., Hourcade, J.C., & Neuhoff, K. (2014). Planetary Economics: Energy, Climate Change and the Three Domains of Sustainable Development. Economics, Environmental Science. Retrieved from https://www.semanticscholar.org/paper/Planetary-Economics-%3A-Energy-%2C-Climate-Change-and-Neuhoff/e0c4999b7e4c30b52cd139d2a9c4a0b01121e0c1
IPCC (2014). Climate Change 2014: Synthesis Report. Contribution of Working Groups I, II and III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change. Retrieved from https://www.ipcc.ch/site/assets/uploads/2018/02/AR5_SYR_FINAL_Front_matters.pdf
Rockström, J., Steffen, W., Noone, K., Persson, Å., Chapin III, F.S., Lambin, E.F., & Foley, J.A. (2009). A safe operating space for humanity. Nature, 461 (7263), 472–475. Retrieved from https://www.nature.com/articles/461472a
Adger, W.N., Paavola, J., Hu, S., & Mace, M.J. (2006). Fairness in Adaptation to Climate Change. Climate Change, 96, 259–267. Retrieved from https://link.springer.com/article/10.1007/s10584-009-9590-6
Statistical Yearbook of World Energy. (2021). Retrieved from http://www.m-r.co.ua/a/GasNews.nsf/0/5BF12BD473D810FEC22581B4003D6CBC?OpenDocument
UNEP (2020). United Nations Environment Programme. Emissions Gap Report 2020. Retrieved from https://www.unep.org/emissions-gap-report-2020
United Nations Climate Change (2021). United Nations Framework Convention on Climate Change. Intended Nationally Determined Contributions. Retrieved from https://unfccc.int/process-and-meetings/the-paris-agreement/nationally-determined-contributions-ndcs
Organisation for Economic Co-operation and Development (n.d.). Green growth and sustainable development. Retrieved from https://www.oecd.org/greengrowth/
Litvak, O.A. (2021). Green energy as a key element of low-carbon development: global trends and prospects for Ukraine. Innovative technologies, economics and management in industry, 80–112. doi: https://doi.org/10.36059/978-966-397-247-3-3
BP Energy Outlook 2035. (2014). Retrieved from https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2014.pdf
Pelling, M., & High, C. (2005). Understanding adaptation: What can social capital offer assessments of adaptive capacity? Global Environmental Change, 15 (4), 308–319. Retrieved from https://www.scirp.org/reference/referencespapers?referenceid=2155143
Myronenko, H. (2019). Economic aspects of the development of low-carbon transport in Ukraine. Scientific Bulletin of the National Technical University of Ukraine, 29 (1), 121–126. Retrieved from https://nv.nltu.edu.ua/Archive/2019/29_7/1.pdf
Chmurova, V. (2018). Economic aspects of the development of renewable energy sources in Ukraine. Galician Economic Bulletin, 2 (53), 110–115
Shevtsiv, V. (2018). Environmental aspects of the development of renewable energy in Ukraine. Energy and energy conservation, 1 (17), 44–48.
Економічна правда. (2020). Час для “зеленого” переходу. Retrieved from https://www.epravda.com.ua/columns/2020/12/10/669035/
Downloads
Published
Issue
Section
License
- The authors reserve the right to authorship their work and pass the journal the right to publish this work under a Creative Commons Attribution License license, which allows other persons to freely distribute the published work with the obligatory The authors of the original work and the first publication of this magazine.
- The authors have the right to make independent additional agreements on the nonexclusive dissemination of the work in the form in which it was published by this magazine (for example, to post work in the company's electronic storage or to publish as a monograph) , subject to the first publication of the link to this journal.
- Journal policy allows and encourages the placement of authors on the Internet (for example, in the repositories of institutions or on personal websites) manuscript work as to the presentation of this manuscript to the editorial board and during its editorial processing, as it contributes to The productive scientific discussion and positively affects the efficiency and dynamics of citation published work (see The Effect of Open Access).