СВІТОВИЙ ДОСВІД ФОРМУВАННЯ ОРГАНІЗАЦІЙНО-ПРАВОВИХ ЗАСАД ЕКОЛОГІЗАЦІЇ ЕКОНОМІКИ
Abstract
The article explores the global experience of building the organizational and legal foundations for greening the economy against the backdrop of intensifying climate change and environmental degradation. It stresses that the exhaustion of the traditional fossil-fuel–based growth model necessitates the adoption of new development trajectories in which economic progress is inseparable from ecological sustainability. The green economy is defined not only as a technological transition but also as a structural transformation of institutions, policies, and business practices, where economic growth is aligned with the principles of environmental safety and social equity.The study identifies a dual set of instruments driving this transformation. Economic tools include eco-taxes, subsidies, and feed-in tariffs designed to encourage investment in renewable energy and circular production. Legal mechanisms encompass binding environmental standards, licensing procedures, and corporate liability frameworks, which ensure enforceability and accountability. In the European Union, a holistic approach is demonstrated through strategic initiatives such as the European Green Deal and “Fit for 55,” reinforced by market mechanisms like the EU Emissions Trading System (EU ETS) and the Carbon Border Adjustment Mechanism (CBAM). These are complemented by the jurisprudence of the Court of Justice of the EU, which secures uniform enforcement across member states.North America illustrates a different trajectory, combining federal legislation (Clean Air Act, Canadian Environmental Protection Act), powerful regulatory agencies (EPA), and voluntary private standards (Energy Star, ISO 14000). Asia, by contrast, exemplifies state-led strategies: China through five-year plans and green finance policies, Japan via its Green Growth Strategy 2050 and circular economy laws, and South Korea through the Green New Deal, which merges ecological and digital innovation.At the global level, international legal frameworks such as the UNFCCC, the Kyoto Protocol, the Paris Agreement, and the Sustainable Development Goals provide the overarching context, embedding principles like “polluter pays” and the precautionary approach into the international order. The findings indicate that greening the economy is effective only when economic incentives are firmly anchored in legal and institutional guarantees. For Ukraine, this implies not only harmonization with EU climate standards and strengthening environmental institutions but also active engagement in international mechanisms, which can unlock access to green finance and elevate competitiveness in the global transition toward climate neutrality.
Fields of Study & Subjects
Sustainable Development and Environmental Management
Sustainable Development and Policies
Climate Change Policy and Economics
Publication details
- Journal / source
- The Scientific Issues of Ternopil Volodymyr Hnatiuk National Pedagogical University Series pedagogy
- Publication date
- 10 February 2026
- Language
- UK