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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Green Economy as a Means of Enhancing Sustainable Local Development: The United Arab Emirates as a Model

Ahmed Khamis Mohamed Alathmani, Nurazmallail Bin Marni

http://dx.doi.org/10.6007/IJARBSS/v16-i3/27818

Open access

The green economy is a modern economic model that aims to achieve sustainable development by balancing economic growth with environmental protection. It relies on technologies and innovations designed to reduce carbon emissions and environmental pollution, and to achieve efficiency in the use of natural resources. This model includes investment in renewable energy sources, improving energy efficiency in construction and transportation, and using sustainable production technologies. Through these policies, the green economy contributes to enhancing individual well-being and achieving long-term sustainable development goals. Despite the challenges that may face in implementing the green economy, such as securing the necessary funding and raising environmental awareness, this economic model offers significant opportunities in the fields of energy, construction, and sustainable agriculture. Countries like the United Arab Emirates are promoting these principles through large-scale renewable energy projects and the development of green infrastructure, making them a model to be emulated. Through cooperation between governments and the private sector, the green economy can be strengthened, achieving a sustainable transformation that enhances economic and environmental sustainability, thus contributing to improving the quality of life for future generations.

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