Browsing: Q57

Introduction. Currently, the industry is a very important economic branch because the industrial products have a high share in the total final and intermediate consumption. Apart from the positive effects on the global consumption, the industrial activities have some negative economic and social effects and also on the environment. The sustainable management in industry should increase efficiency and reduce waste, should find new production methods so that the economic growth can be made with fewer natural resources, fewer materials – especially the rare ones, with less energy consumption from traditional resources and with more efficient technologies, with less negative effects on the human health and on the environment.

Aim of the study. The transition to a greener industry is an important issue for all the national economies and it is very important to adapt the legislation to the new trends and standards, to adopt new payment schemes, grants and green funds schemes, so as to encourage the industrial enterprises to increase the efficiency of the total resources consumption, to make the transition to greener activities, to use more green capital inputs, to produce more green products, to increase the collaboration with the public and the private sector.
Keywords: sustainable management, metallurgy, steel industry, industrial policies, energy consumption, greenhouse gases.
JEL Classification: A12, D24, D62, F18, L52, L61, L72, M21, O10, Q25, Q42, Q52, Q57

Introduction. Currently, the States and regions around the world face with several economic, environmental, social challenges etc. The increase in the demand for power supply, for primary resources (agriculture, forestry and fishing), for industrial products and services, sets a significant pressure on the ecosystems sustainability. One of the solutions to support the sustainable development process may be the transition towards the bio-economy, innovative sector focused on the production of biotechnologies and biomass. The bio-economy is the field comprising all economic activities related to the use of biological renewable resources.

Aim of the study. The goal of this paper is to draw the attention on the importance of bio-economy in the effectiveness of the use of natural resources and in the current context of obvious and irreversible climate changes. Moreover, lately, the concept of bio-economy gained the attention of the scientific and political environments, both in Europe and at worldwide level. We can already talk in Europe of a general transition towards the bio-economical field.
Keywords: Bio-economy, sustainable development, innovation, renewable resources management
Jel Classification: Q01, Q51, Q57