Economic systems adaptation to resource fluctuations through eco-innovations

Abstract

The "greening" of the economy implies a targeted process of economic transformation aimed at reduction of ecological impact on the environment. The concept of greening is realized through a system of organized measures, innovations, restructuring, technological transformations, and environmental policy activities at macro- and micro levels. Special attentions in greening the economy is devoted to the environmental innovations, as they both profitable and environmentally friendly. Fluctuations in availability, prices of natural resources and objective necessity of maintaining ecological balance, forces society to bear out cost of natural parks creation, ecological monitoring, conservation of species, etc. In market system, people's needs are the main driving force of social development and production.