Green Accounting and Sustainable Development: A Literature Riview

Abstract

Sustainable development has become one of the major global challenges today, requiring a balance between economic growth, social well-being, and environmental protection. One of the tools that can support the achievement of this goal is green accounting, which integrates environmental impacts into the traditional accounting system. This study aims to explore the application of green accounting as a tool to promote sustainable development by reviewing 20 indexed scientific articles published between 2020 and 2024. The method used is a literature review, which examines various articles related to the implementation of green accounting across different economic sectors, the challenges faced in its adoption, and its contribution to achieving the Sustainable Development Goals (SDGs). The findings indicate that green accounting plays a significant role in integrating environmental sustainability into business decisions and public policies. However, the main challenges identified include the lack of clear standards, difficulties in measuring environmental impacts, and resource limitations in both the private and public sectors. Additionally, the role of government policies and digital technologies, such as big data and blockchain, is highlighted as key factors in accelerating the adoption of green accounting. In conclusion, while green accounting has the potential to enhance natural resource management and reduce environmental impacts, it requires stronger policy support and improved technical capacity for successful implementation. This study provides insights into how green accounting can be optimized to support sustainable development, particularly in developing countries.