The EU's Green Economy Policy and Its Sustainable Development Goals: Prospects and Challenges

Abstract

The aim of this research is to discuss the European Union's (EU) green economy policy to achieve the Sustainable Development Goals (SDGs). The EU Green Deal (EUGD) is the key strategic initiative to transition the EU economy towards a sustainable economic model in the Member States. Today's global transition to a green economy is one of the key agenda of the developed economies to save human life and sustainable development. The concept of global governance is related to saving the environment and biodiversity under waves of modernization and globalization. This study implies the qualitative approach to the explanation of the green economy policy in the EU. Empirical research is involved to find out the actual research findings on the green economy and SDGs. The EU is working on several key issues, whether related to Europe or the rest of the world, for the success of the SDGs. Using the deductive method to explain the green economy and SDGs under the several policies of the EU.