Theory meets reality: Investigating the financial, economic and environmental aspects of sustainability

Abstract

n the last few decades, the topic of sustainability has become more and more widespread, which is logically explained by its relevance, given the environmental conditions and challenges posed by climate change. However, there are many contradictions and controversies regarding sustainable development. Therefore, the purpose of this study is to try to understand the true essence of sustainability as a concept. As a subject of research, no less relevant, one might say, even a “fashionable” industry today, the renewable energy was chosen. It is on the example of the latter that we try to explore the “reality” and the “possibility” of sustainable development.