Challenges of Green Economy in Armenia

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Author(s): Susanna Aghajanyan (Armenian State University of Economics, Armenia)and Gagik Aghajanyan (Armenian State University of Economics, Armenia)
Copyright: 2020
Pages: 13
Source title: CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies
Source Author(s)/Editor(s): Anetta Kuna-Marszałek (University of Łódź, Poland)and Agnieszka Kłysik-Uryszek (University of Łódź, Poland)
DOI: 10.4018/978-1-7998-2193-9.ch006

Keywords: Business & Management / Business and Organizational Research / Business Science Reference / Corporate Social Responsibility

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Abstract

The economy ecologization process should take into account the development needs of each nation by developing effective systems of production and consumption. That is why in the system of measures ensuring the transition to a “green” economy, overcoming poverty and expanding the livelihoods of the most vulnerable sections of society should be a priority. At the same time, the convergence of economic and environmental policies, where prospects for economic growth are at the forefront, avoiding stress on nature resulting in unpredictable and qualitative implications for natural resources is important. Today, with resource constraints and harmful emissions, the main problem lies in the complete elimination of reliance on economic growth materials and energy resource use, which involves the identification of opportunities to increase the efficiency of the material sectors of the economy.

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Challenges of Green Economy in Armenia

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