| Issue |
BIO Web Conf.
Volume 76, 2023
I International Conference “Biotechnologies in the Context of Human Development” (BCHD - 2023)
|
|
|---|---|---|
| Article Number | 08007 | |
| Number of page(s) | 7 | |
| Section | The Current State of the Innovation Infrastructure in the World | |
| DOI | https://doi.org/10.1051/bioconf/20237608007 | |
| Published online | 20 November 2023 | |
Environmental economics and sustainable development
1 Dagestan State University, Makhachkala, Russia
2 Adyghe State University, Maykop, Russia
3 Kadyrov Chehchen State University, Grozny, Russia
* Corresponding author: fefnews@mail.ru
Environmental economics plays a pivotal role in shaping policies and strategies for sustainable development in the contemporary world. The intricate relationship between economic activities and the environment calls for an interdisciplinary approach that integrates ecological, social, and economic factors. This article explores the multifaceted connection between environmental economics and sustainable development. It delves into key concepts, such as externalities, market failures, and policy instruments, that inform decision-making processes aimed at achieving environmental sustainability. Additionally, it highlights the challenges and opportunities associated with incorporating environmental considerations into economic paradigms. Through case studies and empirical evidence, the article underscores the real-world implications of environmental economics on sustainable development. It also emphasizes the importance of proactive policies and global cooperation to address pressing environmental issues, promote responsible resource management, and work toward a more sustainable and equitable future.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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