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Nuzul Hakim, Lukman
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Memahami Dampak Greenflation terhadap Dinamika Harga Konsumen: Analisis Komparatif Bakti, Surya; Suriono, Hadi; Marpaung, Durahman; Nuzul Hakim, Lukman
Journal on Education Vol 7 No 1 (2024): Journal on Education: Volume 7 Nomor 1 Tahun 2024
Publisher : Departement of Mathematics Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/joe.v7i1.7060

Abstract

This article discusses the impact of greenflation on consumer price dynamics. Greenflation is a phenomenon that arises from the global drive towards sustainability, where increased demand for environmentally friendly products and technologies can lead to price increases due to higher production costs or limited availability. This study uses a literature review method to analyze the direct and indirect impacts of greenflation on consumer prices and compares these impacts across various countries or economic sectors. The research findings show that investments in green technology, environmental regulations, and changes in supply chains can increase production costs and final product prices. Direct impacts of greenflation include rising energy and transportation costs, as well as higher prices for goods and services produced with stricter environmental standards. A comparison between developed and developing countries indicates that developed countries have greater resources to invest in green technology but also experience more significant greenflation. This article provides insights into effective ways to manage the impacts of greenflation, including the implementation of policies supporting sustainable business practices, fiscal incentives for green technology, and strict enforcement of environmental regulations.