Green economy growth efficiency in support of environmental policy

Abstract

Classical economic theory creates problems in today's globalized world. A new revolution is needed to make smart economic growth, namely a green economy. This economy rests on sustainable growth and entrepreneurship with an aspect of balance between sectors. This study aims to explain the efficiency of green growth to support the creation of environmental policies. The research method used is qualitative with a literature review technique approach by reviewing and synthesizing Environmental Policy and Green Economic articles. Regulations, incentives, and resources play a full role in how economic activity turns infrastructure sustainable. These efforts will provide an essential framework for the development and implementation of green solutions that cover the needs of all communities. The efficiency of green growth is the key to achieving sustainable development. Environmental policy is a supporting component in the formation of a green economy. Efforts to create a better energy transition strategy will be an opportunity to create an economy for expected progress. Opportunities to develop new markets, new technologies, new industries, and a new workforce will be the keys to the country's success.