Environmental Economics and the SDGs: A Review of Their Relationships and Barriers

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Widhayani Puri Setioningtyas, Csaba Bálint Illés, Anna Dunay, Abdul Hadi, Tony Susilo Wibowo

2022 Sustainability (Switzerland) Vol. 14 Issue 12 Review Cited by 19 Quartile

Abstract

Recently, environmental issues have increased, whereas the Earth’s natural resources have deteriorated. These problems have forced people and companies to engage in environmental economics to achieve sustainability. However, several barriers have been identified in the implementation of environmental economics. This literature review provides insights into environmental economics and the sustainable development goals (SDGs), as well as the correlation between these two subjects in general. Thus, information about potential barriers to the implementation of environmental economics and possible solutions will be presented. A total of 75 documents were analyzed, including articles, books, official reports, or paperwork from governments and/or related institu-tions. This study is beneficial, especially for developing countries that are just preparing for, or in the process of conducting, the initial implementation of environmental economics, as well as achieving the sustainable development goals. Interdisciplinary topics that integrate human aspects with environmental economics are limited yet crucial for future research. © 2022 by the authors. Licensee MDPI, Basel, Switzerland.

Affiliations

Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences, Gödöllő, 2100, Hungary; Institute of Economic Sciences, Hungarian University of Agriculture and Life Sciences, Gödöllő, 2100, Hungary; Department of Management, Faculty of Economic and Business, Universitas PGRI Adi Buana, Surabaya, 60234, Indonesia

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