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All Journal Mandalika Journal of Business and Management Studies
Mali, Septimus Adrianus
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Decision Sciences, Operations Research & Management

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The Role of the Green Economy in Promoting Sustainable Growth in Indonesia Arif, Dodi; Tahu, Gregorius Paulus; Mali, Septimus Adrianus; Yusup, Aldian; Hermawan, Farhan
Mandalika Journal of Business and Management Studies Vol 4 No 1 (2026): Mandalika Journal of Business and Management Studies
Publisher : Mandalika Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59613/mjbms.v4i1.399

Abstract

This study examines the role of the green economy in promoting sustainable economic growth in Indonesia. Rapid economic development has improved welfare but also caused environmental degradation, resource depletion, and increased carbon emissions, highlighting the need for a more sustainable development approach. Therefore, this study aims to analyze how the green economy contributes to sustainable growth and identify key factors influencing its implementation. The research employs a qualitative approach using a literature review method, collecting secondary data from scholarly articles, books, and official reports. Data are analyzed using descriptive and thematic analysis to identify patterns and relationships. The findings indicate that the green economy plays a significant role in enhancing resource efficiency, encouraging environmentally friendly technological innovation, creating green jobs, and reducing environmental impacts. It also supports renewable energy development and circular economy practices. However, its implementation is influenced by factors such as government policy, green investment, human resource capacity, and technological advancement, with regulatory support being the most critical. Overall, the green economy is an effective strategy for balancing economic growth and environmental sustainability in Indonesia.
Co-Authors Dodi Arif Gregorius Paulus Tahu Hermawan, Farhan Yusup, Aldian