The aim of the study is to present the concept of green economy and other notions and concepts related to it and to assess their significance for the formation of development policy and practical solution of problems of socio-economic development. In the part focusing on information and definitions, the premises for the emergence of the issue of the greening of economic processes as a new phenomenon of contemporary development have been presented, as well as various definitions of green economy, green growth, the principles of implementing green economy and the implementation of green transformation processes. Presented concepts and ways of defining them are often critisised due to the high flexibility and difficulty of delimitation and measuring.
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