CLIMATE CHANGE AND GREEN ECONOMY: PROPOSING A SUSTAINABLE MACROECONOMIC MODEL

Abstract

 This study explores the interrelationship between climate change and economic development, emphasizing the need for a transition toward a green economy. The research proposes a sustainable macroeconomic model that integrates environmental, economic, and social dimensions into a unified framework. Using a mixed-method approach, the study analyzes the impact of green investment, carbon pricing, renewable energy, and policy interventions on economic growth and environmental sustainability. The findings demonstrate that incorporating ecological factors into macroeconomic models enhances long-term stability, promotes innovation, and reduces environmental degradation. The proposed model provides practical guidance for policymakers to achieve sustainable and inclusive development in the context of global climate challenges.