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Journal of Environmental Accounting and Management
António Mendes Lopes (editor), Jiazhong Zhang(editor)
António Mendes Lopes (editor)

University of Porto, Portugal


Jiazhong Zhang (editor)

School of Energy and Power Engineering, Xi'an Jiaotong University, Xi'an, Shaanxi Province 710049, China

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Green Economy as a Paradigm of Sustainable Development of the Republic of Kazakhstan

Journal of Environmental Accounting and Management 8(3) (2020) 281--292 | DOI:10.5890/JEAM.2020.09.006

Maxat Kalikov, Bakytnur Zh. Uteyev$^{1}$, Aiman Khajieva$^{2}$, Uldana A. Torekulova$^{3}$

$^{1}$ Department of Finance and Accounting, University of International Business, Almaty, Republic of Kazakhstan

$^{2}$ Department of Management, Economics and Law in Health, Kazakh Medical University of Continuing Education, Almaty, Republic of Kazakhstan

$^{3}$ Department of Management and Business, University of International Business, Almaty, Republic of Kazakhstan

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The aim of the paper is to analyse the green economy as a paradigm of sustainable development of the Republic of Kazakhstan. The paper found that the use of alternative energy is an integral part of the development of the green economy. It is determined that the total capacity of renewable energy sources in the world until 2024 will increase by 50%. The necessary elements of the transition to the green economy are the development of new financial instruments, namely, payments for ecosystem services, green banking, stocks and bonds, markets for the sale of intellectual property in environmental technologies.


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