THE GREEN ECONOMY AND ITS IMPACT ON SOCIAL PROTECTION OF THE POPULATION

Abstract

This article is devoted to the study of the influence of the factors of transition to green principles of economics on the level of social protection of the population. The purpose of the study is to identify the relationship between the development of a green economy and an increase in the level of social security of the population. To achieve this goal, it is necessary to identify possible obstacles and challenges in achieving a balance between the environmental and social goals of the development of society as a whole. In this context, environmentally sustainable practices of the green economy are considered, in particular, reducing emissions, using energy-efficient and renewable energy sources, which can lead to an improvement in the quality of life and health of the population, which indicates an increase in the level of social protection. The study covers the issues of employment and the creation of new jobs in environmental technologies and how their creation affects the unemployment rate and income of the population. In turn, the possible negative consequences of the transition to the principles of a green economy and the need to develop social programs to reduce them for vulnerable groups of the population have been identified. Based on the conducted research, it was concluded that, with the introduction of green principles of the economy, the structure of production and the labor market are changing and, therefore, require additional financial investments in the short term, which may negatively affect the rate of economic growth and the level of income of the population.