Evaluation of the effectiveness of implementing measures to preserve natural resources in the context of sustainable development

Abstract

Performance evaluation helps to identify the most effective approaches to conserving natural resources, which helps to optimise costs and increase the efficiency of using financial and material resources. The purpose of this study was to assess the effectiveness of implementing measures to preserve natural resources in the context of sustainable development. The study employed the evaluation and sustainable development methods for a comprehensive assessment of the effectiveness of measures to preserve natural resources, considering economic, environmental, and social aspects. The research findings show that sustainable development is a critical concept for the modern world, as it ensures a balanced combination of economic growth, social well-being, and environmental sustainability. The performance measurement framework emphasises the significance of integrating different management systems, such as the balanced scorecard, value-based management principles, and integrated risk management (IRM). This integration enables effective risk management at all stages of project implementation, which provides a strategic focus on improving business performance and contributes to a greater probability of achieving sustainable development goals. The results of the study showed that a systematic approach to planning natural resource conservation measures is key to success. It includes eliminating differences in planning systems, detailing results through balanced scorecard projections, continuous monitoring of processes, and active staff involvement, which helps reduce agency conflicts. The results of the study can be used by environmental protection institutions to plan and implement effective measures to preserve natural resources, which will help achieve environmental goals at minimal cost