Environmental crisis overcoming as a factor for achieving economic sustainability in the context of the European green course

Abstract

By means of the modeling methodology, the object of the study was the theoretical and practical aspects of overcoming environmental crises as a factor to achieve sustainability. In today's world, several crises are combined: social, political, cultural and moral, the crisis of democracy, ideology and the general crisis of the capitalist system. More specifically, the economic and environmental crises are linked to the financial crises and the existing disorientation is due, to a large extent, to the financial risks that have affected the ecological footprint of civilization. As a result of the tasks set, the concept of planetary boundaries has emerged as an effective means of measuring the state of the planet and its threats. In this sense, the concept of an economy in need of transformation has been formed, as environmental growth and technological progress are accompanied and even accelerated by economy and resource efficiency. It is concluded that, current trends on Earth are not sustainable, and traditional responses to these problems often depend on the type of economic growth that is strongly associated, simultaneously, with additional resource consumption and the policies that make it possible.