Convergence of Digital and Climate-Neutral Economic Development: Evidence From Global Indices
Year: 2024
Type: article
Abstract: The article examines the convergent aspects of global digital and green development on the way to building a global climate-neutral economy through the lens of global indices.Given the urgency of overcoming the climate challenge and achieving "net zero" emissions, the role of the digital transition in this process is shown. Purpose. The purpose of the article is to analyze the general aspects of the convergence of green and digital development of the world economy based on the analysis of a number of global indices. The research aims to identify irregularities, lags and general patterns of the international movement towards a climate-neutral economy.Results.The study is based on the analysis of global indices such as the Green Future Index, the Climate Change Index, the Energy Trilemma Index, the Global Digital Competitiveness Index, the Digital Economy and Society Index, and the Digital Quality of Life Index.This allows for a fairly comprehensive assessment of the development of green and digital currents in various countries of the world in view of the development of a climate-neutral economy.The obtained results show significant differences between countries and individual regions in the levels of digital and green development, in particular in the part of the energy transition.Countries with a high level of digital competitiveness are usually leaders in implementing green initiatives, confirming the synergy between digital transformation and environmental sustainability.At the same time, there is a significant gap between developed and developing countries in their progress towards climate neutrality, highlighting the need for additional targeted support, investment and international coordination.Conclusions.The study showed the importance of integrating digital and green development to achieve climate neutrality.Countries that successfully combine these areas achieve greater success in reducing emissions, implementing innovations and increasing the sustainability of their economies.To overcome global disparities and accelerate progress, coordinated international efforts, increased financial support and increased technological potential are needed.
Source: Modern Economics
Author: I. Maksymova
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4407106181