Title: Research of the possibilities and results of the implementation of the principles of the green economy using Industry 4.0 technologies on the example of the utility sector

Authors: Natalia Skorobogatova

Addresses: Department of International Economics, National Technical University of Ukraine 'Igor Sikorsky Kyiv Polytechnic Institute', Ukraine

Abstract: The results of a study of the possibilities of introducing the principles of a green economy based on the application of Industry 4.0 technologies. The trend of deterioration of the quality of the environment for the population is proved. Various information and communication technologies have been studied from the point of view of the possibility of their application in the urban environment to improve the quality of life of people and the environment. The potential advantages of their implementation are revealed, considering the achieved results of their partial use by the advanced countries of the world. The use of the smart city concept for the transition to a green economy model in the public sector is proposed. A balanced assessment model is proposed, which is based on considering the interests of all stakeholders in terms of their economic, social, and environmental results and the innovativeness of the proposed solutions.

Keywords: information technologies; communication technologies; green economy; Industry 4.0; innovative development; sustainable development; utility sector.

DOI: 10.1504/IJSEM.2025.144574

International Journal of Services, Economics and Management, 2025 Vol.16 No.1, pp.79 - 106

Received: 28 Oct 2022
Accepted: 24 Jul 2023
Published online: 21 Feb 2025 *

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