The study of the countries of The Black Sea Economic Cooperation on the degree of formation of green economy

Abstract

Purpose : the article is devoted to the study of the degree of formation of the green economy in the countries of the Organization of the Black Sea Economic Cooperation (BSEC). Using statistical analysis to identify the features and to group countries according to similar characteristics. Consider in detail the environmental indicator (CO2), which significantly affects the level of development of the green economy. Discussion : global problems of instability of global systems have led to the aggravation of socio-economic and environmental problems, thus pushing international organizations to develop strategic projects to prevent climate change. Results : the author has carried out a cluster analysis, using which the BSEC countries are grouped according to the most similar characteristics. The results showed that countries are significantly differentiated by the level of development of the green economy. Based on the findings, further efforts are needed to develop and implement environmental initiatives for the successful implementation of the green economy in the BSEC.