The paper suggests the author's method of analyzing the investment climate and assessing unsystematic investment risk. The authors propose an original non-traditional approach to the solution of two interrelated problems: investment climate diagnostics and investment risk level evaluation. The technique can be applied by both an investor for making an investment decision and an issuer for analyzing reasons of the low investment object attractiveness. It makes it possible to identify the barrier and restrictive factors determining a high risks and to develop measures to reduce them. The advanced algorithm, step-by-step methodology, and decision support system for assessing investment climate and unsystematic investment risk were described and formalized in the paper. Scientific and practical significance lies in the fact that the complex analysis and evaluation method proposed allows management decisions to be argued. The author's technique will significantly reduce the role of the subjective factor caused by expert evaluation and uncertainty factors, improve the validity and reliability of the investment climate and risk assessments, and help to make an adequate decision about risk elimination.
It should be noted, that today the world scientific community try to find new ways of economic development, which are aimed at refusing to absolutize economic growth at the expense of solving social and ecological problems and ensuring the vital requirements of future generations. In this regard, the authors have proposed a methodological technique, that allows to systematize the factors of investment attractiveness of the business environment of the region, which are considered in terms of implementing the goals of sustainable development and increasing innovative activity. At the same time, we consider it necessary to emphasize, that the use of the obtained research results will allow, in our opinion, to significantly advance both in theoretical and practical terms in solving the development and implementation of reasonable interim measures to advance the region towards achieving sustainable development goals.
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