Munich Personal RePEc Archive

Methodology Features of green business development

Shumska, Svitlana and Stepanenko-Lypovyk, Bohdana (2012): Methodology Features of green business development. Published in: SUSTAINABLE DEVELOPMENT , Vol. Vol. 3, (September 2012): pp. 146-149.


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A transition from the extensive type of economic development to sustainable should provide the minimization of the non-renewable natural resources use and effective use of renewable ones, improvement of environmental quality and increase of the state’s ecological security and lead to stable economy growth. Such transition supposes to form new kinds of economic activity that make profit and have positive influence on environment. One of such activity is ‘green business’. The article defining this notion and describes theoretical and methodological principles of functioning of this type of activity. Also the basic aspects and main development stages of green business are marked out and the classification of green business enterprise is shown.

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