The article touches upon the issues of neology and ecolinguistics that are relevant for modern linguistics. From the point of view of ecolinguistics, language is an ecosystem capable of constantly changing and self-regulating. In this ecosystem, new words are constantly being formed, the meanings of old words are changing, which reflects the most significant processes and changes taking place in society at the moment of its development. The aim of this article is to identify current trends in language development reflecting the sustainable development of modern society: the features of the functioning of derived neologisms in modern English, the role of borrowings in replenishing the vocabulary of the language, as well as the study and determination of the specifics of their use in various spheres of life. The studied neologisms reflect almost all areas of life of modern English-speaking society, while most of the new lexical units are vocabulary related to everyday life, household needs, medicine and science caused by the coronavirus pandemic.