Economic Strategy To Reduce Carbon Footprint

Abstract

This research article explores an economic strategy aimed at reducing carbon footprint, addressing the pressing need for sustainable practices in response to climate change. The study aims to develop a comprehensive understanding of the economic measures required to mitigate carbon emissions and promote environmentally-friendly practices. It employs a mixed-methods approach, incorporating both quantitative analysis and qualitative assessments. Data sources include statistical databases, economic models, and case studies of successful carbon reduction initiatives. A notable outcome of the study is the identification of cost-effective strategies for carbon reduction, highlighting the economic feasibility of transitioning to a low-carbon economy. The research underscores the importance of proactive economic policies and innovative solutions in combatting climate change, emphasizing the potential for economic growth and environmental sustainability to coexist harmoniously. In conclusion, the findings of this study underscore the significance of adopting an economic strategy to reduce carbon footprint as a crucial step towards mitigating climate change. By leveraging data-driven analyses and drawing insights from successful carbon reduction initiatives, the research provides valuable insights into the feasibility and efficacy of implementing such strategies. The identified cost-effective measures offer policymakers and stakeholders actionable pathways towards achieving carbon emission reduction targets while fostering economic growth. Ultimately, this research emphasizes the imperative of proactive economic policies and innovative solutions in forging a sustainable future, where environmental stewardship and economic prosperity are mutually reinforcing objectives.

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About this article

Publication Date

30 September 2024

eBook ISBN

978-1-80296-966-5

Publisher

European Publisher

Volume

4

Print ISBN (optional)

-

Edition Number

1st Edition

Pages

1-1008

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Cite this article as:

Gazieva, L., Amirova, E., & Asueva, L. (2024). Economic Strategy To Reduce Carbon Footprint. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 590-596). European Publisher. https://doi.org/10.15405/epms.2024.09.65