Green Economy and Indicators of Sustainable and Ecological Development
Green Economy and Indicators of Sustainable and Ecological Development

Summary/Abstract: The need for global economic growth has raised the level of living standards around the world, and following this aspiration, all countries, both developed and developing countries, look at the growth rate of gross domestic product as a critical indicator of success and prosperity. The actions aimed at continuously increasing consumption have had a devastating impact on the global environment, exploiting natural resources without sufficiently considering the consequences that this exploitation leaves in the environment. The national level, as far as the most responsible for the implementation of the Green Agenda, will have to make appropriate changes in fiscal policy, through the reform and elimination of subsidies that can be considered less favorable from the environmental aspects. A major step in this direction may be the adoption of policies and procedures for green public procurement and green accounts. At the supranational level, further efforts must be made to improve the situation on world markets, to promote the rules of free trade and the flows of international development assistance, and to further encourage international cooperation.

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