Research of International Standards of Green Economy

Responsible attitude of a person to the resources of the Earth aims to find a reasonable compromise between the growth of well-being and the preservation of natural resources. Standards of the green economy help achieving green growth. Study examine efficiency of measures taken and challenges to developing the green economy. The research has shown that many agreements between different countries contribute to the popularization of the green economy worldwide. However, some countries are reluctant to change their economy to fit the green standards. United efforts of countries and international organizations should make the transition to a green economy for most economies a painless and profitable experience. Paper concludes that economic development is accompanied by a continuous increase in production and consumption. The potential of the energy sector, primarily renewable electricity, as well as energy conservation and energy efficiency, is huge. International institutions can contribute to developing a green economy by following the principles of unity and consistency.