The Importance of Sustainable Development And The Benefits of Renewable Energy
Abstract
Global warming, climate change, and excess carbon emissions are the issues that serve as the main challenges of the modern and civilized world. In September 2015, world leaders unanimously adopted Sustainable Development Goals which governments began to implement step by step. In 2017, Georgia made 17 goals of sustainable development a national priority. The development of renewable energies is in line with several goals of sustainable development. It is directly related to the 7th goal. Universal access to affordable, reliable, stable, and modern energy is reflected in economic, ecological, and social aspects. At the same time, the energy sector ranks second in carbon emissions. Therefore, harnessing and developing renewable energies is the best way to deal with climate change. The purpose of the paper is to study the importance of renewable energies and sustainable technologies for the country's economy and how sustainability affects the environment and society. The research includes the implementation of sustainable technologies and their impact, both on a specific entity and the country's long-term economic perspective.
Downloads
Metrics
References
2. Charaia, V., & Papava, V. (2021). Public debt increase challenge under COVID-19 pandemic economic crisis in the Caucasian countries. Journal of Contemporary Issues in Business and Government, 27(3).
3. Charaia, V., Chochia, A., & Lashkhi, M. (2021). Promoting Fintech Financing for SME in S. caucasian and baltic states, during the COVID-19 Global Pandemic. Business, Management and Economics Engineering, 19(2), 358-372.
4. Chhantyal P. (2023). When will fossil fuels run out? https://www.drgreeneconomy.com/p/when-will-fossil-fuels-run-out
5. Delfs A., Dezem V. (2022). Germany Brings Forward Goal of 100% Renewable Power to 2035. https://www.bnnbloomberg.ca/germany-brings-forward-goal-of-100-renewable-energy-to-2035-1.1729998
6. Dilanchiev, A., & Taktakishvili, T. (2021). Currency depreciation nexus country’s export: evidence from Georgia. Universal Journal of Accounting and Finance, 9(5), 1116-1124.
7. Gamsakhurdia, T., Maisuradze, K., & Piranashvili, M. (2017). Why Cash Optimization is Critical in Georgian Companies. In 7th EURASIAN MULTIDISCIPLINARY FORUM, EMF 2017 6-7 October, Tbilisi, Georgia (p. 303).
8. IPCC. (2022). Intergovernmental Panel On Climate Change. Climate Change 2022.
9. Lashkhi, M., Charaia, V., Boyarchuk, A., & Ebralidze, L. (2022). The Impact of Fintech on Financial Institutions: The Case of Georgia. TalTech Journal of European Studies, 12(2), 20-42.
10. Ministry of Economy and Sustainable Development of Georgia. (2019). National Renewable Energy Action Plan of Georgia. https://www.economy.ge/uploads/files/2017/energy/samoqmedo_gegma/nreap_v_3_eng_21022020.pdf
11. NASA. (2023). What Is Climate Change? https://climate.nasa.gov/what-is-climate-change/
12. Papava, V., & Charaia, V. (2020). The coronomic crisis and some challenges for the Georgian economy. GFSIS, Expert Opinion, (136).
13. Papava, V., & Charaia, V. (2021). The Problem of the Growth of Georgia's Public Debt during the Economic Crisis under the COVID-19 Pandemic. Available at SSRN 3773635.
14. Popp R., Czyzak P. (2023). Astern EU countries will make or break the bloc’s 2030 renewables goal. https://www.eceee.org/all-news/news/eastern-eu-countries-will-make-or-break-the-blocs-2030-renewables-goal-1/
15. Tsutskiridze, G., Charaia, V. (2023). The Impact of Non-Interest Income on the Net Non-Interest Margin in the Conditions of Sharp Currency Fluctuations and the Tren of Gel Devaluation. Deutsche Internationale Zeitschrift für Zeitgenössische Wissenschaft, (56).
16. Union of Concerned Scientists. (2017). Benefits of Renewable Energy Use.
Copyright (c) 2023 Giga Tvauri
This work is licensed under a Creative Commons Attribution 4.0 International License.
.jpg)
