The Intersection of Economic Growth and Environmental Sustainability

EasyChair Preprint 14747

Abstract

The relationship between economic growth and environmental sustainability has been a critical area of study, particularly in the context of rising global environmental challenges such as climate change, biodiversity loss, and resource depletion. This paper explores the tension and potential synergy between the two, analyzing the historical trends of economic expansion driven by industrialization and globalization, alongside the increasing pressure on natural ecosystems. Traditionally, economic growth has been associated with higher resource consumption and environmental degradation, as seen in the exploitation of fossil fuels and deforestation. However, recent advancements in green technologies, renewable energy, and circular economy models offer a pathway toward decoupling economic growth from environmental harm. This paper evaluates these developments, emphasizing the role of policy frameworks such as carbon pricing, sustainability reporting, and international climate agreements in fostering sustainable growth. It also highlights the importance of integrating environmental considerations into economic planning, advocating for an inclusive growth model that balances the needs of current and future generations. Ultimately, the intersection of economic growth and environmental sustainability presents both challenges and opportunities, necessitating a transformative approach to ensure long-term ecological balance while promoting prosperity.

Keyphrases: Corporate Social Responsibility, Paris Agreement, Sustainable Development Goals, climate action, environmental justice, social equity

@booklet{EasyChair:14747,
  author    = {John Owen},
  title     = {The Intersection of Economic Growth and Environmental Sustainability},
  howpublished = {EasyChair Preprint 14747},
  year      = {EasyChair, 2024}}