International Journal Management and Economic (IJME)
Vol. 4 No. 2 (2025): May: International Journal Management and Economic

THE ROLE OF GREEN ECONOMY IN SUSTAINABLE DEVELOPMENT: A LITERATURE REVIEW ON STRATEGIES FOR LOW-CARBON ECONOMIC TRANSITION

Tulus Pujo Nugroho (Gunadarma University)



Article Info

Publish Date
01 May 2025

Abstract

This study systematically reviews the existing literature on the role of the green economy in supporting sustainable development through low-carbon economic transition strategies. Using a Systematic Literature Review (SLR) methodology, 80 peer-reviewed articles published between 2013 and 2023 were analyzed, sourced from databases such as Scopus, Web of Science, and Google Scholar. The review identifies key strategic themes including green fiscal policy, renewable energy investment, carbon trading mechanisms, and the role of public-private partnerships in accelerating the shift toward low-carbon models. The findings highlight the relevance of green economy practices in aligning national development with global sustainability goals, especially in relation to the Sustainable Development Goals (SDGs). However, implementation challenges persist, particularly in developing countries, due to institutional, financial, and political constraints. This review provides a synthesis of best practices and research gaps, offering a foundation for future studies and policy-making that aim to integrate economic growth with environmental resilience.

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Journal Info

Abbrev

IJME

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal Management and Economic (IJME) is published three times a year, in January, Mey and September by Asosiasi Dosen Muda Indonesia. IJME aims to: Promote the latest research results on Management and/or Entrepreneurship and also Economic. Only publish the results of Subjects ...