The global need for an action plan is imperative due to climate change resulting from the escalating emissions of greenhouse gases since the onset of the Industrial Revolution. Fossil fuel combustion is the primary source of greenhouse gas emissions. Since the production process relies heavily on fossil fuels for energy, humankind is faced with the dilemma of economic growth and environmental protection. Extreme weather events, drought, biodiversity loss, food crises, and disease spread pose significant challenges to societies as a result of climate change. The goal is to mitigate and even potentially reverse related problems by limiting the global average temperature increase to less than 2°C (1.5°C if possible). Countries have revised this target according to their own economies. They've committed to reducing the environmental impact of their economic activities.

The main aim of environmental economics is to impartially evaluate the influence of factors that either contribute to or mitigate environmental degradation. The importance of an issue increases with its severity. Numerous academic studies concerning the macroeconomic factors behind environmental deterioration have broadened and enhanced this field.

This book brings together theoretical and empirical studies on new trends in environmental economics and aims to provide a new and holistic contribution to the field and policy recommendations to decision-makers. With the contributions of academics from various universities in Türkiye, the multidimensional nature of environmental economics has been evaluated from different perspectives. The book comprises nine chapters, each of which constitutes original research.