Green industrial policies and sustainable economy approaches ensuring industrial growth and environmental balance

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Tarih

2024

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

IGI Global

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

The aim of this chapter is to analyses the effects of industrial growth on environmental degradation in terms of green industrial policies. The relationship between environmental pollution and economic growth has been explained from two different perspectives. The first approach points to the existence of a potential duality between economic growth and environmental protection and the existence of a trade-off relationship in terms of achieving economic growth or reducing environmental pollution. The second approach claims that the negative impact of economic growth on environmental pollution can be corrected by green industrial policies. Numerous empirical studies and country-level data in the literature suggest that economic growth also stimulates the development of sustainable technologies and innovations that can enhance environmental protection. Recent evidence, especially from developed countries, shows that there is a decoupling between environmental pollution and economic growth, and, thanks to green industry policy measures, between economic growth and emissions. This draws attention to the fact that while economic growth increases thanks to green policy measures, environmental pollution decreases at the same time. Therefore, it is pointed out that it is possible to reduce carbon emissions without compromising economic growth. Therefore, it is very important for policy makers and decision makers to support green industrial policies in the fight against climate change and global warming. © 2025, IGI Global. All rights reserved.

Açıklama

Anahtar Kelimeler

Kaynak

Macroeconomic Challenges to Structural Reform and Industrial Development

WoS Q Değeri

Scopus Q Değeri

N/A

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Künye