Transition Toward Green Economic Growth: Conceptual and Institutional Analysis in Sustainable Development

Abstract

This study analyzes the dynamics of green economic growth as a new development paradigm that aims to balance economic progress with environmental sustainability. Through a descriptive qualitative approach based on literature review, this study examines various theories, policies, and practices of green economy implementation in a global context over the past five years. The study reviewed scientific literature, international agency reports, and policy documents relevant to the transition to a low-carbon economy. The results of the analysis show that the implementation of a green economy requires cross-sectoral policy integration, strong institutional support, and active community participation in promoting green innovation. Factors such as the development of environmentally friendly technologies, green investment, and transparent environmental governance play an important role in accelerating structural transformation towards sustainable development. This study concludes that the success of green economic growth depends not only on economic performance, but also on social, political, and institutional capacity to manage change towards an inclusive development system that is resilient to environmental challenges.