PAPER ID: IJIM/Vol. 8 (X) February 2024/30-33/5

AUTHOR: Ms. Vasudha Jolly^[I] Mr. Pintu Singla^[II] 

TITLE: GREEN AND DIGITAL ECONOMY FOR SUSTAINABLE DEVELOPMENT: AN OVERVIEW

ABSTRACT: The pursuit of sustainable development requires a harmonious integration of economic growth, environmental protection and social equity. This paper explores the synergy between green and digital economies as a path towards achieving the Sustainable Development Goals. The principles and practices of the green economy are discussed, with an emphasis on resource efficiency, renewable energy, sustainable production and consumption, ecosystem conservation, and social inclusion. Additionally, the paper examines the opportunities and challenges presented by the digital economy, including resource optimisation, environmental monitoring, precision agriculture, smart grids and circular economy initiatives. By leveraging digital technologies to drive sustainability initiatives and aligning digital transformation with environmental objectives, businesses and governments can create synergy that maximizes the benefits of both approaches. Key areas of integration, such as smart cities, sustainable manufacturing, green finance and digital platforms for sustainability, are highlighted. However, challenges related to technological barriers, regulatory framework, skills development, ethical considerations and stakeholder collaboration must be addressed to realize the full potential of the green and digital economy. The paper concludes by emphasizing the importance of holistic approac hes and supporting policies in promoting the transition towards a sustainable future.

KEYWORDS: Green economy, digital economy, sustainable development, resource efficiency, renewable energy, circular economy, smart cities, sustainable manufacturing, green finance

Click here to download the full text

Download the certificate of Author

Download the certificate of Co-Author