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Green Economy in the Era of Digital Transformation: The Path to Sustainable Development in the Face of Global Challenges
Нaponenko H. I.

Нaponenko, Hanna I. (2025) “Green Economy in the Era of Digital Transformation: The Path to Sustainable Development in the Face of Global Challenges.” Business Inform 10:163–170.
https://doi.org/10.32983/2222-4459-2025-10-163-170

Section: Globalization Processes in the Economy

Article is written in Ukrainian
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UDC 330.341:330.15:502.15]:004

Abstract:
The article presents a comprehensive study of the interconnection between digital transformation processes and the development of a green economy in the context of global environmental, economic, and technological challenges. It is argued that the modern economic system is entering a phase of deep structural restructuring, where digital technologies become not only a tool for modernizing production and management processes but also a key driver of environmental transformation. Based on an analysis of international sources and scholarly works, it is established that, with an ecological focus, digitalization can enhance energy efficiency, reduce the resource intensity of production, foster the development of circular economy models, and strengthen the institutional capacity of environmental management systems. The concept of «eco-digital synergy» is proposed, reflecting the integrative effect of the interaction between information and communication technologies and environmentally oriented innovations. The results obtained allow us to conclude that effective digital transformation of the green economy requires not only technological but also institutional renewal – in particular, the development of systems for monitoring environmental processes, the use of big data to assess the carbon footprint, and the formulation of integrated green transition policies. The prospects for further research are determined by the need to refine the methodology for assessing the impact of digitalization on environmental sustainability and to implement these approaches in national sustainable development strategies. Thus, the article lays the theoretical and methodological foundation for understanding digital transformation as a driving force of global ecological modernization.

Keywords: green economy, sustainable development, eco-digital synergy, digitalization, digital transformations, global challenges, innovations.

Fig.: 1. Tabl.: 3. Bibl.: 9.

Нaponenko Hanna I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of World Politics, Diplomacy and Tourism Business, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

Dovhal, O. A. (2025). Ekonomichna polityka perekhodu do zelenoi ekonomiky v umovakh tsyfrovizatsii [Economic policy of transition to a green economy in the context of digitalization]. Ekonomichnyi prostir, 199, 26–31. https://doi.org/10.30838/EP.199.26-31
Global Enabling Sustainability Initiative. (2019). Digital with Purpose Report: Delivering a SMARTer 2030. https://www.gesi.org/wp-content/uploads/2025/01/DIGITAL-WITH-PURPOSE_Summary_A4-WEB.pdf
Li, Y., Li, X., Wang, X., & Feng, C. (2024). Sustainable digital transformation: the nexus between ICT and global green economic growth. Technological and Economic Development of Economy, 30(5), 1275–1305. https://doi.org/10.3846/tede.2024.21050
OECD. (2024). OECD Digital Economy Outlook 2024. https://www.oecd.org/content/dam/oecd/en/publications/reports/2024/11/oecd-digital-economy-outlook-2024-volume-2_9b2801fc/3adf705b-en.pdf
Porter, M. E., & van der Linde, C. (1995). Toward a new conception of the environment-competitiveness relationship. Journal of Economic Perspectives, 9(4), 97–118. https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.9.4.97
Stiglitz, J. E., Fitoussi, J.-P., & Durand, M. (2018). Beyond GDP: Measuring What Counts for Economic and Social Performance. OECD Publishing. https://www.oecd.org/content/dam/oecd/en/publications/reports/2018/11/beyond-gdp_g1g98ae6/9789264307292-en.pdf
United Nations Environment Programme. (2024). Working Paper: The Green Economy Progress Measurement Framework [3rd Edition]. https://www.un-page.org/static/394a6849cbcaf1b2b271a34f657e3101/green-economy-progress-measurement-final-1.pdf
World Economic Forum. (2017). Harnessing the Fourth Industrial Revolution for the Earth. Geneva. https://www3.weforum.org/docs/WEF_Harnessing_the_4IR_for_the_Earth.pdf
Yang, X., Xu, Y., Razzaq, A., et al. (2024). Roadmap to achieving sustainable development: Does digital economy matter in industrial green transformation? Sustainable Development, 32(3), 2583–2599. https://doi.org/10.1002/sd.2781

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