Mirzayev N.S., Ph.D in Economics, Associate Professor, Dean of the Faculty of Business and Local Governanse of Western Caspian University, Baku, Azerbaijan

ORCID ID: 0000-0002-2520-3619
e-mail: mirzoev.n@mail.ru

Gardashov V.L., Lecturer at the Department of Finance and management at Baku State University, Baku, Azerbaijan

ORCID ID: 0000-0001-6808-3234
e-mail: vuqarqardasov98@gmail.com

The Role of Logistics in Promoting a Green Economy

Abstract. Introduction. In modern times, in order to achieve the goals set by enterprises, the relevance of green agriculture and green logistics is very high in terms of achieving customer satisfaction, producing competitive products, providing services, and ensuring social and ecological balance. The research work emphasizes how important green logistics is in terms of environmental protection, the health of living beings, the reduction of financial costs of enterprises, minimization of harmful gas emissions into the air, etc. It also highlights that transition to green logistics leads to sustainable development.

Purpose. The main purpose of writing this research paper is to investigate the role of logistics in the modern era, especially as many countries and enterprises are transitioning to a green economy. From this point of view, to find out the solutions to the problem posed in the research work, scientific publications from different years were examined and efforts were made to find a resolution. Adittionally, the main purpose of the topic was examined by analyzing the positive changes in various countries related to green logistics implementation, the existing challenges in this field, and statistical data on the Logistics Performance Index (LPI) of countries over the years.

Results. Since the above-mentioned issues are among the main topics many enterprises focus on in modern times, it is very important to conduct research. In the article, using comparative analysis, a systematic approach, statistical and monographic methods, it was found that companies can help restore ecological and economic balances by applying green logistics applications in a developing green economy.

Conclusions. As shown above, using green logistics applications allows companies to protect the environment, prevent excess gas emissions, reduce financial costs and carry out activities without harming people’s social condition. As a result, it will enables companies to achieve their goals more efficiently and effectively.

Keywords: logistics; green logistics; sustainable; performance index; GLPI; emissions.

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