THE ESSENCE, CONCEPT, AND NECESSITY OF THE GREEN ECONOMY

Abstract

In recent decades, global environmental challenges such as climate change, resource depletion, and ecological degradation have forced nations to reconsider their economic development models. The concept of the green economy emerges as a sustainable alternative that ensures harmony between economic growth, environmental protection, and social welfare. This article explores the essence and importance of the green economy, emphasizing its fundamental principles, objectives, and advantages for sustainable development. The study discusses how a green economic framework promotes efficient use of natural resources, renewable energy, and low-carbon technologies, contributing to long-term economic resilience and global ecological stability. Moreover, it highlights the necessity of adopting green strategies in developing countries like Uzbekistan, where economic modernization must be aligned with environmental priorities. The paper concludes that the green economy is not merely an ecological approach but a new paradigm of development that integrates economic efficiency, social justice, and environmental sustainability.