The article examines modern approaches to waste management within the framework of green economy development in Ukraine. The focus is on the importance of transitioning to sustainable waste management practices, considering the need for environmental protection and sustainable development. Key strategies such as waste reduction, recycling and reusing materials, as well as safe disposal, are considered. Particular attention is given to the legislative and institutional measures necessary to support these strategies. The authors emphasize the importance of integrating the principles of circular economy and ecodesign into waste management policy. They also discuss the role of investments and innovations in developing modern waste processing technologies in the green economy sector. The article provides examples of successful strategies and initiatives implemented in Ukraine, as well as analyzes existing barriers and possible ways to overcome them, forming directions for waste management as a component of green economy development strategy. Among the main ones are: increasing the level of waste processing and reuse, promoting circular economy, creating ecological infrastructure, implementing innovative technologies, and providing incentives for enterprises. It is separately noted that the financial provision of waste management differs by a complex set of characteristics, as waste is generated in various sectors of public, municipal, and private economies. The authors point out that each of these sectors has its own specifics in waste generation and disposal, as well as differing conditions for attracting financial resources for the development of waste management.