DOI: https://doi.org/10.36719/2663-4619/126/114-118
Telman Gocayev
Azerbaijan State University of Economics
Master's student
https://orcid.org/0009-0008-8002-6927
qocayevtelman1@gmail.com
The Role of Carbon Credits and Resource Efficiency in Sustainable
Development Strategy
Abstract
In the modern era, climate change, environmental pollution, and the rapid depletion of natural resources have made the development of sustainable development strategies necessary. In this regard, carbon markets act as an important economic mechanism for reducing greenhouse gas emissions and promoting efficient use of resources. The article analyzes the nature of carbon markets, carbon credits and quota systems, as well as their role in state strategies from a scientific perspective. At the same time, the contribution of carbon markets to the development of green investments and innovative technologies and their impact on resource efficiency are examined. Furthermore, the study emphasizes the importance of integrating environmental and economic policies within sustainable development frameworks. It highlights that market-based instruments such as carbon trading systems can serve as effective tools for balancing economic growth with environmental protection. The findings of the research contribute to a deeper understanding of policy mechanisms aimed at achieving long-term sustainability goals.
Keywords: sustainable development, carbon markets, carbon credits, resource efficiency, green economy