TRANSITION TO A GREEN ECONOMY: AN ANALYSIS OF MACROECONOMIC COSTS AND FUTURE BENEFITS

The global transition toward a green economy is driven by the urgent need to mitigate climate change and ensure sustainable development. This article examines the macroeconomic implications of this transition, focusing on the dichotomy between immediate adjustment costs and long-term economic gains. By analyzing capital reallocation, fiscal impacts, and technological dividends, this study highlights that while the shift entails significant short-term financial burdens, it serves as a critical prerequisite for future resilience and sustainable prosperity. The research concludes with policy recommendations for a phased, "just" transition to a green economic order.