New Trends in Sustainable Development for Industry 5.0: Digital Green Innovation Economy
Journal Title: Green and Low-Carbon Economy - Year 2024, Vol 2, Issue 4
Abstract
In the context of increasing anti-globalization trends, sustainable economic development has become an inevitable and feasible solution to address the growing contradictions between social, environmental, and economic factors. It aims to achieve a balance between the needs of the economy, society, and the environment, paving the way for long-term sustainable development. This article is rooted in the backdrop of severe global conflicts between the environment and economy, as well as society. By synthesizing and analyzing a wide range of literature, the article explores the pivotal role of digitalization, green practices, and innovation in driving sustainable economic development. The article emphasizes the interconnectedness and collaborative nature of digital empowerment, green leadership, and innovation-driven approaches in promoting harmonious coexistence between humanity and nature, as well as facilitating high-quality economic growth. Drawing insights from the "Taipao e-Agricultural Insurance" case study, the article demonstrates the benefits derived from the integration of digital, green, and innovation strategies, thereby providing valuable guidance for enterprises and industries seeking transformation and development. Furthermore, the article proposes viable strategies for achieving the integration of digital empowerment, green practices, and innovation-driven development. It offers a comprehensive analysis that expands the existing research on these topics and lays the foundation for future in-depth exploration. The findings of this article carry both theoretical and practical significance, offering valuable insights and practical approaches for achieving sustainable development in various sectors.
Authors and Affiliations
Shi Yin, Lirui Liu, Tahir Mahmood
Electricity Demand, Forecasting the Peaks: Development and Implementation of C-EVA Method
Price spikes in electricity markets are very frequent, posing tremendous burden on household income and on manufacturing cost. Electricity demand (load) can be divided in two parts, energy (MWh) and peak (MW) and most of...
Impact of Farmer-Managed Natural Regeneration on Resilience and Welfare in Mali
Climate change, poverty, and low environmental education have contributed to increasing vulnerability of poor farmers in Mali. This study was done to determine the impact of low-cost adaptation strategies on resilience a...
Modeling the Influence of Expropriated Farmers' Determinants on Compensation Payments Using Multiple Regression
In recent years, Rwanda's economic shift has been triggered by expropriation for land conversion in areas of urbanization, roadways, modern village settlements, and agricultural modernization. Even though various studies...
Dynamic Interaction Between Food and Fuel Markets in India: Has India Joined the Global Race?
The study makes an attempt to investigate co-integrating relation between crude and three energy crops, namely sugarcane, soyabean, and wheat, for India for a sampled period from Jan 2011 to Dec 2020 by taking log-transf...
Coordination of the Development of Renewable Energy and Small Business as a Mechanism for Ensuring the Sustainable Development of Russia
The article deals with the development of renewable energy in Russia, taking into account the coordination of this sector with small and medium-sized businesses. The aim of the study is to theoretically substantiate the...