Influenced by the governmental policy of national economy decarbonization and greening fundamentally new institution of green finance is currently developing in Russia. One of the key areas for the development of green finance is industrial waste disposal. The aim of the paper is to determine the efficiency of green financing of industrial waste utilization projects in Russia. The methodological basis of the paper consists of domestic and foreign scientific articles in the field of green financing and waste disposal, regulatory legal acts of the Russian Federation, as well as Rosstat data on the volume of industrial waste disposal. As a research method, the authors applied an analytical approach to systemize green finance concept definitions, and analyzed foreign experience of using green financial instruments in the industrial waste management industry. The article represents the content analysis of the Russian taxonomy of green and adaptation projects, as well as an assessment of the industrial waste utilization volumes that can potentially be achieved due to the implementation of projects within the framework of taxonomy areas. The results of the analysis show that through the implementation of green and adaptation projects, it is possible to additionally dispose of about 91 million tons of industrial waste, or 2.5% of the total volume of waste generated. Such a low recycling rate is a result of the limited amount of industrial waste types, the utilization of which is included in the taxonomy. It is necessary to expand the list of industrial waste, the disposal of which can be recognized as an independent project or a criterion for the implementation of projects within the framework of the taxonomy.
Industrial waste involvement in road construction projects is one of the most prospective areas for waste management industry development in Russia. The introduction and scaling up of this practice will simultaneously reduce the costs of both road construction and waste storage. In the article, the authors attempted to evaluate the economic potential of using industrial by-products (using the example of ash and slag waste) in the road construction industry as an embankment of a roadbed. As the result, it was revealed that the economic potential for utilizing ash and slag waste as a road embankment can be up to 7,9 million tons annually. At the same time, it will be economically feasible to involve ash and slag waste in road construction only if the ash dump is located at a distance of no more than 130–150 kilometer from the construction site. The study also discovers that depending on the ash dump and open pits with traditional resources location, the effect in reducing the building highways costs across the country can range from 104,70 million to 30 359,48 million rubles. The authors concluded that to reduce the anthropogenic impact of the road construction industry, the government should form a mechanism stimulating the use of industrial waste keeping technological capabilities and economic feasibility of the process. Based on foreign experience, the authors proposed to use the effective disposal radius mechanism, which preserves the principle of economic feasibility of using ash and slag waste in the road construction projects.
Analysis of the potential of ash and slag waste from thermal power plants involvement into projects for the deteriorated lands reclamation in Russian regions is presented. It was revealed that the potential for industrial waste use is 5 million tons per year, taking into account the factor of transportation costs, and without it the potential can reach up to 32.18 million tons per year. The necessity to make changes to the regulatory legal framework related to waste disposal activities was indicated, particularly the necessity to expand the list of industrial waste permitted for use in deteriorated lands reclamation.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.