ACHIEVING SUSTAINABLE GROWTH BY 2030: INSTITUTIONAL AND FINANCIAL DIMENSIONS OF THE GREEN ECONOMY

Abstract

Abstract: The global transition toward a green economy has become a central pathway for achieving sustainable economic growth in line with the 2030 development agenda. This article examines the institutional and financial dimensions that underpin sustainable growth within the context of the green economy. The study analyzes how effective institutional frameworks, regulatory policies, and governance mechanisms can facilitate environmentally responsible economic transformation while maintaining long-term growth. Particular attention is given to financial instruments, including green finance, sustainable investment, public–private partnerships, and fiscal incentives, as key drivers of green innovation and structural change. The paper highlights the interdependence between institutional capacity and financial mechanisms in mobilizing resources, reducing environmental risks, and ensuring inclusive development. Based on a conceptual and analytical approach, the study identifies major challenges and opportunities associated with implementing green economy principles and offers policy-oriented recommendations aimed at strengthening institutional coordination and expanding sustainable financing. The findings contribute to a deeper understanding of how coordinated institutional reforms and targeted financial strategies can support the achievement of sustainable economic growth by 2030.