Sustainable development and green economy in the european union countries—statistical analysis

Abstract

The literature on the subject indicates that green growth is a direct result of implementing a sustainable development strategy. According to this assumption, countries that include sustainable development goals in their strategic documents should also achieve results in the area of green growth or the green economy. The monitoring of green growth should be based on indicators that make it possible to distinguish the green economy from the traditional one by taking into account, inter alia, indicators covering: green products, services, investments, and public procurement as well as green jobs in the green sectors of the economy. OECD proposes to use for this purpose indicators divided into four main groups: environmental and resource productivity, natural asset base, the environmental dimension of the quality of life and economic opportunities and policy responses. The aim of the work is to examine the relationships between sustainable development and green economy, especially in the area of their measurement and to determine the relationship between the results achieved by the EU countries in this area. The result of the research is the assessment of the results obtained by the EU countries in each of the analyzed areas using a taxonomic development measure based on the Weber median and the identification of relation between the results.