The Mechanism to Implement Environmental Investment Projects on the Basis of Equity Financing

Abstract

The article deals with the problem of fair co-financing of socio-ecological and economic projects of a region, which is topical for the northern regions of Russia. At the same time, we solve the task of forming an optimal set of projects based on the fair sharing depending on the interest of business, state and society in the project implementation. In the process of analyzing the attractiveness of socio-environmental and economic development projects in a region, we have developed a scheme for solving this task. At the first stage, we recommend an expert assessment using the fuzzy scales developed by the authors. These scales allow to make a lexical assessment of the priority of criteria for assessing the development of a region and the degree to which the projects meet these criteria. In the second stage of calculations, the obtained expert assessments make it possible to determine a fair sharing in project financing. These shared assessments and project priorities allow developing a model of an optimal set of projects for the development of a region, taking into account the allocated financial resources. The system of expert assessments and models is implemented in the Excel-VBA program. This system has been applied to solve the problem of selecting social, environmental and economic development projects in the Russian Arctic regions.

Principles of formation of mechanisms of state regulation of investment activity in the territory of the subject of the Russian Federation

“…Initiated by environmental requirements, the reorientation of the activities of industrial enterprises should, in our opinion, be carried out as an investment strategy focused on meeting the requirements of environmentally minded groups: market participants, the public, politicians, the public, government agencies [7]. As initiating factors, one should consider the requirements put forward by the international community, state agreements, as well as market conditions within the country, in the region.…”

Why young people leave the Arctic: the results of sociological research

“…Based on the sociological surveys of the population within the framework of the ethnological expertise of investment projects in the Arctic, it is proposed to create a model of interaction between stakeholders (mining companies, local population and authorities), which will allow to identify and assess the interests, needs, expectations of the population and substantiating the measures to promote employment and improve the quality of life [10,11].…”

Analysis of the investments influence in environmental protection measures on the structure of ecological costs distribution on the example of the Republic of Sakha (Yakutia)

“…При этом важно отметить, что снижение уровня привлеченных инвестиций влечет за собой более значительное перераспределение средств в совокупности мероприятий, направленных на оздоровление природных ресурсов сельскохозяйственного назначения [6]. В частности, именно этот вид ресурсов подвергся наибольшему сокращению при распределении финансовых средств по соответствующему субъекту РФ.…”