Management of the Investment Potential of Sustainable Development of the City

Abstract

The term "sustainable development" appeared not so long ago. The growing concentration of industrial enterprises situated on urban areas, the uncontrolled increase in the scale of development, reduction the share of the recreational areas, replacing the areas of industrial purpose and new lines of transport and engineering service lines, has led to imbalance of technogenic and natural environment. The larger and more comfortable become the city, the more resources they need and the higher risk the natural of irreparable harm for the environment. This problem is connected, firstly, with the concentration of large numbers of people in one place, secondly, to human psychology, and ethics. It is hard to realize that the consumption of resources may be limited and you should think about the needs of future generations. In contrast to this tendency the idea about the need to rethink the traditional principles of urban development and forming the new basic principles of urban development, was put forward. It called the concept of sustainable development. This concept is based on a combination of economic, social and environmental criteria, which take into account the interests of future generations.