5. Lyudmila A. Anosova, Lyudmila S. Kabir

Green Economy: New Challenges and Prospects of Public Administration

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Lyudmila A. Anosova

Chair of Social Sciences Division of the Russian Academy of Science, Doctor of Economics, Professor, Emeritus Professor of St. Petersburg University of Management Technologies and Economics

Leninskiy Ave 32/A, Moscow, Russian Federation, 119991

Lyudmila S. Kabir

Chief Researcher at the Scientific-Research Institute of Finance by the Ministry of Finance of the Russian Federation (Moscow), Doctor of Economics, Professor

Nastas’inskiy Lane 3/2, Moscow, Russian Federation, 127006

The presented study summarizes the current experience of the practical implementation of sustainable development in public administration under the banner of preventing global climate change.
Aim. The study aims to systematize major factors that affect national governments and force them to introduce new elements in the public administration process with the purpose of providing sources of funding for national economic environmentalization programs and ensuring business reorientation toward green development.
Tasks. In this study, the authors determine the tools used by national governments to raise funds for green development.
Methods. This study uses general scientific methods of cognition to examine the model of green economic growth, which has gained global support since the 1980s, to identify trends in the current state and the development of national policy in this field as well as to determine its major directions.
Results. Setting global priorities that would substantiate the necessity of a transition toward a green economy is not sufficient. The success of such a transition should be further supported by national priorities, while the transition’s rate should be determined by the capabilities of the national economic structure and the level of development of financial market institutions and infrastructure.
Conclusion. Preparing the national economy for a transition toward a green economy should be identified as a mid-term objective of public administration.

Keywords: globalization, environmentalization, green economy, regulatory policy, funding, government, administration

References

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