scholarly journals The Essence of "Green Bonds" and Issues of Effective Management in Georgia

Economics ◽  
2021 ◽  
Vol 104 (3-5) ◽  
pp. 51-59
Author(s):  
Tengiz Lachkepiani Tengiz Lachkepiani ◽  
Maya Kiladze Maya Kiladze ◽  
Mtvarisa Tananashvili Mtvarisa Tananashvili ◽  
Maia Lomishvili Maia Lomishvili
Keyword(s):  
Sustainable Development ◽  
Negative Impact ◽  
Risk Mitigation ◽  
Well Being ◽  
Green Economy ◽  
Poverty Eradication ◽  
Good Opportunity ◽  
The Sustainable Development ◽  
Long Run ◽  
Ecological Relations

Green bonds can be considered as a model of economic development, that reduces environmental risks and ecological problems, promotes sustainable development, reduces the negative impact on the environment. In addition, it can be considered as a mechanism for the sustainable development and poverty eradication, and its result will also improve the human well-being and social equality. Like any new form of financing, including "green bonds", it is still in its infancy and can be evaluated after some time. We think this financing tool will be useful for financing environmental projects. In addition, the establishment of the new Green Bank (or fund) will facilitate the direct investment or risk mitigation tools, or both, for the climate-related projects. LEDS and NEEAP have independently submitted options for setting up a public organization with a special mandate about green funding. Investors, commercial banks and corporations operating in Georgia may benefit from such a national funding organization for climate change measures to protect their investments from risks. One of the priority directions of ecological relations for Georgia is the creation of normative acts, which enable the unification and harmonization of ecological legislation, including in the field of "green economy". The development of "ecological technologies" is also of great importance for the development of the "green economy". The "green economy" strategy should become a model of sustainable development in the long run. In Summary, Green bonds may have been a good response by governments to restore the pandemic-reduced economic activity. With the reduced liquidity, this could be a good opportunity to access capital and increase investor confidence in the private sector and to attract more investments. Keywords: Green bond, Financial market, Issuer, Finance, Green Bank.

scholarly journals Sustainable development entrepreneurship formation: system-integrated management tools

2021 ◽  
Vol 255 ◽  
pp. 01049
Author(s):  
Svitlana Filyppova ◽  
Yurii Kovtunenko ◽  
Volodymyr Filippov ◽  
Lidiia Voloshchuk ◽  
Oleksandr Malin
Keyword(s):  
Sustainable Development ◽  
Business Models ◽  
Integrated Management ◽  
Practical Importance ◽  
Well Being ◽  
Digital Tools ◽  
Management Tools ◽  
The Sustainable Development ◽  
Long Run ◽  
Study Results

Entrepreneurship ensures the development of both the national economy and the population’s, well-being so it embodies a necessary process and factor for ensuring sustainable development. In the long run, sustainability is impossible without development and the entrepreneurship as one of its main stakeholders plays a triple role, acting at the same time as a significant factor, part of the economic component and a mechanism ensuring the sustainable development. The article examines issues of sustainable development entrepreneurship; considered is the substantial characteristics of management tools for system-integrated sustainable development entrepreneurship management, thus offering a system of digital tools services for sustainable development entrepreneurship digital platform and model for sustainable development entrepreneurship. The theoretical and methodological approaches to business development management proposed are designated to provide management focusing on sustainable development, system-integrated nature, anticipatory influence, use of rapidly growing digital capabilities, therefore forming an innovative basis for management and its object development. Its components are: a system of digital tools, a model of socially responsible business ideas and business projects selection; business models for sustainable development entrepreneurship. The study results are of essential practical importance for the process of one’s own business conducting with the use the rapidly growing opportunities opening.

scholarly journals A Fuzzy WASPAS-Based Approach to Determine Critical Information Infrastructures of EU Sustainable Development

2019 ◽  
Vol 11 (2) ◽  
pp. 424 ◽  
Author(s):  
Zenonas Turskis ◽  
Nikolaj Goranin ◽  
Assel Nurusheva ◽  
Seilkhan Boranbayev
Keyword(s):  
Sustainable Development ◽  
Negative Impact ◽  
Well Being ◽  
Modern World ◽  
Potential Threat ◽  
Essential Information ◽  
The Sustainable Development ◽  
Critical Information ◽  
Information Infrastructures ◽  
New Type

Critical information infrastructure exists in different sectors of each country. Its loss or sustainability violation will lead to a negative impact on the supply of essential services, as well as on the social or economic well-being of the population. It also may even pose a threat to people’s health and lives. In the modern world, such infrastructure is more vulnerable and unstable than ever, due to rapid technological changes, and the emergence of a new type of threat—information threats. It is necessary to determine which infrastructure are of crucial importance when decision-makers aim to achieve the reliability of essential infrastructure. This article aims to solve the problem of ensuring the sustainable development of EU countries in terms of identifying critical information infrastructures. Integrated multi-criteria decision-making techniques based on fuzzy WASPAS and AHP methods are used to identify essential information infrastructures, which are related to a new type of potential threat to national security. The paper proposes a model for identifying critical information infrastructures, taking into account the sustainable development of countries.

scholarly journals Financing Green Economy Impact on Sustainable Development

2018 ◽  
Vol 9 (2) ◽  
pp. 123
Author(s):  
Naseem Abu Jamie
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Poverty Reduction ◽  
Negative Impact ◽  
Green Economy ◽  
The Sustainable Development ◽  
Palestinian Territories ◽  
Global Environmental ◽  
Descriptive Approach ◽  
Economy System

This study aimed at clarifying the Green Economy financing roll in achieving sustainable development in the light of the of the goals by the UN program for environment which are represented by increasing the economic growth, and its impact on the global environmental system.To achieve the aim of the study, an analytical descriptive approach is used to acquaint with the Green Economy, measuring indexes as well as the challenges faced by countries and international organizations which have pioneer experiences in the field, to recognize the Green Economy impact on the sustainable development, a survey of 80 countries both developed and developing countries has been used depending on Global Green Economy Index (GGEI).In the light of the econometric analysis, previous studies and many successful experiences of some countries in applying the Green Economy, recommendations are raised to adopt the Green Economy system in some countries like Palestinian territories especially after disproving the Palestinian government fears of negative impact of Green Economy on the economic growth.Green economy should be fastened dialectically with the process of economic growth, job creation, and poverty reduction which are the dialectical relations of different that are economically, socially and environmentally dimensions, and are reflected in the following major question:Can a green economy become a new motive for economic growth?

scholarly journals Global Action on SDGs: Policy Review and Outlook in a Post-Pandemic Era

2021 ◽  
Vol 13 (11) ◽  
pp. 6461
Author(s):  
Yi Cheng ◽  
Haimeng Liu ◽  
Shaobin Wang ◽  
Xuegang Cui ◽  
Qirui Li
Keyword(s):  
Sustainable Development ◽  
National Development ◽  
Well Being ◽  
Developed Countries ◽  
Green Economy ◽  
Least Developed Countries ◽  
Policy Action ◽  
The Sustainable Development ◽  
The North ◽  
Global Action

The 2030 Agenda for Sustainable Development provided brand new goals and action targets for human well-being and development, but the COVID-19 pandemic has cast a shadow on the implementation of the Sustainable Development Goals (SDGs). It is therefore essential to provide a reference for making policy adjustments and transformations to promote the realization of SDGs in the post-pandemic era. Based on a literature review of the progress and policies of SDGs across countries worldwide, we find that research on sustainable policies has rapidly increased since the SDGs issued in 2015 with particular focuses on eco-environment, sustainable policies, green economy, sanitation and health, and water sanitation. Most countries are in the process of nationalization, institutionalization, and universalization of the SDGs through incorporating the SDGs into national development frameworks, enabling extensive participation and negotiation mechanisms, and promoting the SDGs’ national publicity. Countries of different economic and institutional backgrounds demonstrate divergent development pathways, priorities, measures, and progress in the implementation of SDGs. Despite significant global progress during the last five years, the North–South divide emerges in the policy action and achievement of SDGs. The least developed countries in sub-Sahara Africa and South Asia appear to be difficult or even unable to implement the SDGs and monitor the progress. In the post-pandemic era, particular attention shall be given to integrating SDGs and achieve synergy among goals, concretizing short-and medium-term priorities toward the SDGs targets for all countries, strengthening multilateralism and global cooperation among countries and continents, providing reliable data and approaches for real-time impact assessment and process monitoring, and promoting an inclusive engagement and integrative implementation with multiple stakeholders and consortiums.

ENVIRONMENT AND GREEN ENERGY SUSTAINABLE DEVELOPMENT

2020 ◽  
Author(s):  
Anastasia Khodachenko
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Negative Impact ◽  
Green Energy ◽  
Green Economy ◽  
Development Theory ◽  
Green Technologies ◽  
The Sustainable Development ◽  
The Relationship

The article considers the relationship between sustainable development, climate change and the use of green energy. The article reviewes directions and shows that with the help of the sustainable development theory and green economy, it is possible to reduce the negative impact on the environment. The article also reveals relationship between climate improvement and the use of green technologies in international practice.

scholarly journals Formation of the "Green" Scientific and Production Cluster as a Trend of the Modern Environmental Policy of the Region

2021 ◽  
Vol 12 (1) ◽  
pp. 037-047
Author(s):  
Sergey G. Tyaglov ◽  
◽  
Susanna A. Bugajan ◽  
Keyword(s):  
Sustainable Development ◽  
Action Plan ◽  
Well Being ◽  
Green Economy ◽  
The Sustainable Development ◽  
Cluster Mechanism ◽  
The Stability ◽  
Environmental Events ◽  
Regional Capital ◽  
Regional Authorities

As part of the study, the author analyzed the main directions of sustainable development of territories, which should be laid down as the basis for the work of the "green" scientific and production cluster, detailed the trends of the cluster mechanism for implementing the principles of greening the green economy in the region, specific examples of how certain environmental events in the context of each of the trends demonstrate effectiveness are given. Within the framework of the article, an analysis of the main advantages that participants in the green cluster receive, as well as the restrictions that hinder the development of such a cluster form in Russia, was carried out. The formation of a research and production green cluster is designed to solve the problem associated with the functioning of the three elements that make up the strategic platform for the development of the region: competitive enterprises, an attractive investment climate and effective regional authorities that ensure the competitiveness of the region and increase the well-being of the population. The stability of this pyramid is based on regional capital – resources, among which man is increasingly important - educated and energetic. As a result, another challenge to the green economy is the training of personnel capable of combining theoretical knowledge in the field of ecology and economics with the needs of the population of a particular region. Most of the Russian regions have sufficient potential for transition to development on the principles of a green economy, but such a regional transformation requires great preparation, careful development of an action plan at both the federal and regional levels. In these circumstances, it is difficult to overestimate the role of regional authorities, whose task is to analyze the totality of factors that influence the formation of an effective environmental-economic system, their integration into the development of a strategy for the sustainable development of the region, as well as take measures to prevent risks in the process of greening the region's economy.

scholarly journals International Experience, Principles and Conditions for the Transition to a “Green Economy”

2018 ◽  
Vol 41 ◽  
pp. 04023
Author(s):  
Dusan Kudelas ◽  
Eugen Domru ◽  
Adrian Stoianov ◽  
Dénes Peters
Keyword(s):  
Sustainable Development ◽  
Social Institutions ◽  
Well Being ◽  
Green Economy ◽  
Negative Effects ◽  
The Sustainable Development ◽  
Environmental Consequences ◽  
Modern Economic ◽  
The Moment ◽  
Regional Authorities

Proceeding from the general ideology of the sustainable development concept, the issues of determining the long-term social and environmental consequences of modern economic development are fundamental, and the success of implementing the ideas of economic modernization and energy efficiency depends on the active position of state and regional authorities. To move to the path of sustainable development, carefully coordinated actions in all spheres of the economy are needed. It requires a model of an organizational and economic mechanism that would ensure the transition to a "green economy", the reorientation of economic, environmental and social institutions to priority areas. Clearly, at the moment, there is an urgent need for moving to an economic model that will improve human well-being, while preserving resources and not exposing future generations to significant environmental risks. To conduct an effective environmental policy and to assess the overall effectiveness of “green” growth, it is proposed to develop a model for ensuring a transition to a "green economy", which will allow understanding the level and coordination of activities, the scale and boundaries of their impact, and most comprehensively process information on possible projected risks and possible negative effects (pollution, degradation of ecosystems).

scholarly journals Sustained sustainable development actions of China from 1986 to 2020

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Bingsheng Liu ◽  
Tao Wang ◽  
Jiaming Zhang ◽  
Xiaoming Wang ◽  
Yuan Chang ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Local Governments ◽  
Local Development ◽  
Well Being ◽  
The Sustainable Development ◽  
Positive Effects ◽  
Development Goals ◽  
Development Levels ◽  
The Right ◽  
Resource Conditions

AbstractAchieving the Sustainable Development Goals (SDGs) is a long-term task, which puts forward high requirements on the sustainability of related policies and actions. Using the text analysis method, we analyze the China National Sustainable Communities (CNSCs) policy implemented over 30 years and its effects on achieving SDGs. We find that the national government needs to understand the scope of sustainable development more comprehensively, the sustained actions can produce positive effects under the right goals. The SDGs selection of local governments is affected by local development levels and resource conditions, regions with better economic foundations tend to focus on SDGs on human well-being, regions with weaker foundations show priority to basic SDGs on the economic development, infrastructures and industrialization.

scholarly journals Integrating Sustainable Development and Children’s Rights: A Case Study on Wales

2021 ◽  
Vol 10 (3) ◽  
pp. 100
Author(s):  
Rhian Croke ◽  
Helen Dale ◽  
Ally Dunhill ◽  
Arwyn Roberts ◽  
Malvika Unnithan ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Integrated Approach ◽  
Well Being ◽  
Children's Rights ◽  
Children’S Rights ◽  
The Sustainable Development ◽  
Rights Of The Child ◽  
Development Goals ◽  
Deliberative Processes

The global disconnect between the Sustainable Development Goals (SDGs) and the Convention on the Rights of the Child (CRC), has been described as ‘a missed opportunity’. Since devolution, the Welsh Government has actively pursued a ‘sustainable development’ and a ‘children’s rights’ agenda. However, until recently, these separate agendas also did not contribute to each other, although they culminated in two radical and innovative pieces of legislation; the Rights of Children and Young Persons (Wales) Measure (2013) and the Well-being and Future Generations (Wales) Act (2015). This article offers a case study that draws upon the SDGs and the CRC and considers how recent guidance to Welsh public bodies for implementation attempts to contribute to a more integrated approach. It suggests that successful integration requires recognition of the importance of including children in deliberative processes, using both formal mechanisms, such as local authority youth forums, pupil councils and a national youth parliament, and informal mechanisms, such as child-led research, that enable children to initiate and influence sustainable change.

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