THE ROLE OF THE GREEN ECONOMY IN SUSTAINABLE TOURISM DEVELOPMENT BY APPLICATION TO SELECTED ARAB COUNTRIES FOR THE PERIOD (2000-2019)
The developed world is moving at a fast pace towards the so-called green economy, which is to achieve sustainable development through environmentally friendly projects that do not harm it and rely on modern technology. The concept of the green economy emerged with the emergence of the global financial crisis, as the United Nations Environment Program (UNEP) launched its initiative on the green economy on October 22, 2008 entitled the Global Green Project and the fight against climate change. The concept of the green economy views the environment as an opportunity to confront the current multiple crises it faces, such as the energy, food, water and climate crises, rather than considering it as a burden. Investment in sectors related to the environment can contribute to creating job opportunities, protecting the environment, preserving natural resources, maximizing the use of them and increasing the level of income. Among the most important are tourism, agriculture, transportation and coastal city design. The green economy, although it is very expensive, in the long run achieves positive results in terms of combating climate changes, providing green jobs and reviving the global economy, which is now going through many global crises such as a financial crisis and a water crisis, and therefore the interest in green eco-tourism It will contribute to combating climate change and lead to sustainable tourism development. The research depends on the quantitative economic approach, as it presents a model for sustainable tourism development by identifying the factors affecting it (expenditure on information and communication technology (e-education, the savings ratio to the gross national product, the inflation rate, the degree of trade openness, the ratio of government spending to the gross national product) For selected Arab countries, these variables were crystallized in quantitative formulas in order to be measured from the available data in the official publications and bulletins of the International Monetary Fund and the World Bank for the period (2000-2019), and then measured using a model for one of the econometric methods using the ordinary least squares (O.L.S) method and an attempt to reach Important quantitative conclusions for the impact of each of the economic variables on sustainable tourism development in the Arab countries. The Panel Data method was used. Key words:
Keywords: The Green Economy, Sustainable Tourism.