Green wealth : navigating towards a sustainable future

Abstract

In contemporary times, humanity is faced with environmental challenges of an unprecedented magnitude. These challenges require a thoughtful and proactive approach to identify meaningful and sustainable solutions. Consequently, sustainable economic development has emerged as a potential solution to balance economic growth with environmental preservation. This has prompted scholars, policymakers, and activists to explore innovative approaches prioritising the welfare of both people and the planet. In this context, the book Green Wealth: Navigating Towards a Sustainable Future innovatively addresses the topical subject of sustainable development and green innovation. It aims to contribute to this emerging field by helping readers interested in interdisciplinary methods, tailored strategies, and policies to manage environmental risks and enhance economic welfare. Moreover, the book ambitiously addresses environmental challenges and provides accurate research for a resilient, eco-friendly future through a comprehensive and integrated approach. Through its 16 chapters, the book undertakes a multidisciplinary approach that embeds principles of economics, ecology, sociology, mathematics, and political science, providing a comprehensive understanding of this emerging field of study. At the core of this exploration lies the concept of green wealth, which surpasses traditional notions of prosperity by incorporating ecological integrity and social well-being into the fabric of economic progress. Pressing issues like climate change, biodiversity loss, and resource shrinkage have brought to the fore the critical need to ensure sustainable development. Green Wealth: Navigating Towards a Sustainable Future serves as a manifesto for this transformative journey towards a more resilient and inclusive future. It embeds theoretical underpinning, advanced econometric studies, and mathematical models that shed light on the numerous ways in which sustainable economic development can be achieved. More specifically, the book starts with a detailed description of the role of sustainable finance for a blue economy and the role of local governance in coping with environmental challenges, including those induced by the shadow economy, and ensuring a sustainable future. It further pre sents the inferences between technological and financial innovations and sustain able development and outlines the importance of attracting environment-friendly and socially responsible investors. The following section provides a dynamic anal ysis of sustainable economic stake and coproduction in competition and explores the elusive sustainability in the fashion industry and tourism sectors. Finally, the book captures the social and economic factors of bioeconomy development at the level of the European Union and assesses the effectiveness of policy pathways to sustainability, while also addressing the role of artificial neural networks and machine-learning techniques for comparative CSR and ESG actions.