Challenges and opportunities for green economy transformation of Gabrovo District

Scientific and Research center of regional studies, Sofia, Bulgaria

^* Corresponding author: n.tzonkov@unwe.bg

Abstract

The process of restructuring European economies has begun over the last decade. This process is related to the implementation of strategies and policies at all levels in the countries for sustainable development in context of climate change and reduction of natural resources usage. Logically, European course to decarbonizing economies was adopted two years ago. In this regard, it is important to monitor the transition of the economies of individual countries and regions to neutrality and what problems arise. In this sense, Bulgaria is part of this process, and it is important to develop policies, aiming to reformulate regional policy and achieving sustainable development of the Bulgarian regions. The aim of the present research is to analyze the state of the economy in Gabrovo district in the context of the concept of sustainable development and outlining the difficulties and opportunities of the local economy in the transition to neutrality. The author achieves the goal, using various approaches and research methods - systematic, territorial approaches and descriptive, comparative, statistical and other methods.