The article discusses the concept of green economy and its importance in solving socio-economic development issues. It analyzes various definitions and principles related to green economy, green growth, and sustainable development goals. The study highlights the emergence of greening economic processes as a new trend and reviews milestones in European and global green economy development. Different international organizations have proposed principles for implementing green economy transformation policies. Overall, the article emphasizes the need for further research in this area due to the wide range of concepts and definitions presented.