Theoretical Approach on the Green Technologies Development

Abstract

Technological innovations are a crucial component of a green economy transition and there is an urgent need to develop and implement the green technologies into the existing facilities, especially in the developing countries. The purpose of the article is to analyze theoretical approach on the green technologies development. In the article there are analyzed the essence of the concept of green economy and are identified key benefits of green technologies development. KEY WORDS: green economy, green technologies, development, economic growth. JEL CODES: D60, I31, O30, O52, Q20. DOI: http://dx.doi.org/10.15181/rfds.v28i2.1949