GREEN ECONOMY TRANSITION AND INVESTMENT CHALLENGES IN DEVELOPING COUNTRIES
Keywords:
green economy, green investment, sustainable development, renewable energy, ESG, climate change, green finance, energy transition, developing countriesAbstract
This article analyzes the major investment challenges faced by developing countries during the transition to a
green economy. The research examines the shortage of financial resources, technological dependence, investment risks,
and the level of development of green financing mechanisms required for sustainable transformation. In addition, the
impact of renewable energy, ESG investments, and environmental sustainability on economic growth is explored based
on statistical and empirical data. The findings indicate that a successful green economic transformation is directly dependent
on state policy, international financial support, and innovative investment mechanisms
References
International Energy Agency. (2023). World Energy Investment Report.
World Bank. (2023). Climate and Development Report.
International Monetary Fund. (2022). World Economic Outlook.
Stern, N. (2007). The Economics of Climate Change: The Stern Review. Cambridge University Press.
Stiglitz, J. (2019). People, Power, and Profits. W.W. Norton & Company.
Organisation for Economic Co-operation and Development. (2023). Green Finance and Investment Report.
United Nations Environment Programme. (2023). Green Economy Progress Report
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