Green economy policies implementations by countries around the world. Analysis of green reforms

Abstract

Countries around the world implement diverse green economy policies, and over time, these policies have gained prominence as governments and institutions recognize the need for sustainable development. The traditional economy inflicts significant harm on nature, adversely impacting human health, and without a healthy future, sustainable progress becomes unattainable. Alarming global environmental challenges have placed the transformation of the traditional economy into a green one at the forefront of the world agenda. This article summarizes important research conducted by international organizations analyzing different programs that have implemented to address this transition. To accomplish this, it is examined green economy practices in China, Azerbaijan, and Kenya, highlighting key successes, ongoing challenges, and unachieved goals. By comparing these countries’ experiences, the article underscores the critical role of green economy policies in promoting sustainable production and encouraging environmentally conscious consumer behavior. It is also emphasized in the importance of several interconnected factors: consumer preferences, corporate decisions to produce green products, state policies, awareness-raising initiatives by international organizations, and financial investments in sustainability projects. Each of these aspects is vital and warrants detailed investigation to ensure the effective and lasting implementation of a green economy. But in general, to achieve green economy objectives, nations must establish concrete goals and adopt more serious approaches than ever before.