THE ECONOMY OF THE EUROPEAN REGION A CASE STUDY OF GREEN LOW-CARBON DEVELOPMENT

Abstract

This article conducts a general literature review, examining whether the European Region economy is on board with green low-carbon development. The research focused on synthesizing information from existing literature on events such as sustainability, green economy, energy booms and shock effects. These systems, policies and implementation examples of Europe have found a wide place in the literature. Based on the synthesis obtained by bringing together this information, the article discusses the economic, social and aggressive dimensions of green low-carbon development. This synthesis aims to shed light on potential strategies and policy recommendations to guide the European Region's economy towards a sustainable future.