The place of natural resources in the model of transition to a green economy in Azerbaijan

The article explores the role of natural resources in the model of transition to a green economy in Azerbaijan, emphasizing the importance of rational resource use and the implementation of new technologies. A key component of the green economy index is the “natural resources group” sub-index, which...

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Main Author: Humbatova Sevil
Format: Article
Language:English
Published: EDP Sciences 2025-01-01
Series:BIO Web of Conferences
Subjects:
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02011.pdf
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author Humbatova Sevil
author_facet Humbatova Sevil
author_sort Humbatova Sevil
collection DOAJ
description The article explores the role of natural resources in the model of transition to a green economy in Azerbaijan, emphasizing the importance of rational resource use and the implementation of new technologies. A key component of the green economy index is the “natural resources group” sub-index, which includes 10 sub-indicators: volumes of fresh water, water consumption, oil and gas production, land fund structure, fishing, and forest areas. The author also highlights methodological issues that arise in comparative studies, including the dependence of some indicators' absolute values on the size of the country and geographical location. To provide a more accurate assessment of the state of natural resources, the article uses the volume of renewable freshwater per capita, which better reflects the potential for transitioning to a green economy. In conclusion, the article proposes refined indicators for assessing the “natural resources group” based on more reliable data, such as the share of hydrocarbon revenues in GDP, allowing for a deeper understanding of the impact of natural resources on sustainable development in Azerbaijan.
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issn 2117-4458
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spelling doaj-art-fdbbeb3febd549979e12b561664abe042025-02-05T10:42:41ZengEDP SciencesBIO Web of Conferences2117-44582025-01-011510201110.1051/bioconf/202515102011bioconf_mblc2024_02011The place of natural resources in the model of transition to a green economy in AzerbaijanHumbatova Sevil0Azerbaijan Technical UniversityThe article explores the role of natural resources in the model of transition to a green economy in Azerbaijan, emphasizing the importance of rational resource use and the implementation of new technologies. A key component of the green economy index is the “natural resources group” sub-index, which includes 10 sub-indicators: volumes of fresh water, water consumption, oil and gas production, land fund structure, fishing, and forest areas. The author also highlights methodological issues that arise in comparative studies, including the dependence of some indicators' absolute values on the size of the country and geographical location. To provide a more accurate assessment of the state of natural resources, the article uses the volume of renewable freshwater per capita, which better reflects the potential for transitioning to a green economy. In conclusion, the article proposes refined indicators for assessing the “natural resources group” based on more reliable data, such as the share of hydrocarbon revenues in GDP, allowing for a deeper understanding of the impact of natural resources on sustainable development in Azerbaijan.https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02011.pdfnatural resourcesgreen economyazerbaijansustainable developmentsub-indexnew technologies
spellingShingle Humbatova Sevil
The place of natural resources in the model of transition to a green economy in Azerbaijan
BIO Web of Conferences
natural resources
green economy
azerbaijan
sustainable development
sub-index
new technologies
title The place of natural resources in the model of transition to a green economy in Azerbaijan
title_full The place of natural resources in the model of transition to a green economy in Azerbaijan
title_fullStr The place of natural resources in the model of transition to a green economy in Azerbaijan
title_full_unstemmed The place of natural resources in the model of transition to a green economy in Azerbaijan
title_short The place of natural resources in the model of transition to a green economy in Azerbaijan
title_sort place of natural resources in the model of transition to a green economy in azerbaijan
topic natural resources
green economy
azerbaijan
sustainable development
sub-index
new technologies
url https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02011.pdf
work_keys_str_mv AT humbatovasevil theplaceofnaturalresourcesinthemodeloftransitiontoagreeneconomyinazerbaijan
AT humbatovasevil placeofnaturalresourcesinthemodeloftransitiontoagreeneconomyinazerbaijan