Search

It is substantiated that under wartime conditions, formation of a new global nature protection architectonics and decentralization of power, the solution of ecological problems of socioeconomic development passes into a new financial and investment dimension, which requires diversification of sources of financing of capital investments and current costs in environmental protection. It is determined that in the dynamics of the nominal amount of financing of capital investments and current expenditures in environmental protection in the context of the main nature protection measures in 2000–2020, in general, there is an upward trend, which is caused by inflation-devaluation processes, rather than a real increase in assignations to environmental projects both in the public and corporate sectors. It is identified that in 2000–2020 there was a significant difference between the amounts of financing of capital investments and current expenses in the direction of increasing the amount of financial support for the operation and maintenance of environmental infrastructure, rather than their renovation and modernization. It is substantiated that the chronic deficit of financial and investment support for solving ecological problems is caused by excessive unification of sources and methods of financing the renewal of the network of environmental infrastructure objects and rationalization of the use of natural raw materials, which requires diversification of fiscal, budgetary and credit investment instruments of the environmental protection industry. It is determined that increasing investment flows in the environmental sphere of Ukraine depends on the inclusion in the range of priorities of the national environmental policy of the dominants of international environmental conventions, primarily the New Climate Agreement, which will allow obtaining financial preferences from global environmental funds and foreign governments. It is substantiated that the intensification of environmental activities at the level of local self-government will become possible due to an increase in the share of deductions of the natural resource rent and environmental tax to special funds of budgets of territorial communities, which will ensure targeted linking of eco-resource payments to solving the most pressing ecological problems of territorial entities. [ABSTRACT FROM AUTHOR]

The authors prove that decentralization of power and local governance reform have necessitated the reconsideration of the priorities in the rational environmental management, including resource conservation and energy efficiency at the level of amalhamated territorial communities (ATCs). Thus, it becomes necessary to transform the existing control system over the economic development of natural resource potential and environmental protection. It is substantiated that in the situation when new energy indicators are being implemented, numerous problems become mainstream, e.g. increase in the energy production output from renewable sources, e.g. solid and gaseous fuel on the basis of waste disposal. It is proved that the effective implementation of waste disposal projects is possible provided that the economic mechanism of resource conservation and energy efficiency is institutionalized at the level of ATC, which will provide budgetary, fiscal and credit prerequisites to increase financial support for modern waste management industry. The research carries out shows that in 2007–2021, the dynamics of the real volume of local budget expenditures on waste disposal has been declining, due to the lack of interest among local authorities in financing resource conservation and energy efficiency projects. It is established that the achievement of positive results in the financing of waste disposal directly depends on pooling part of the rent for the special use of natural resources and environmental tax in special funds within local budgets. It is substantiated that targeting natural resources and environmental payments accumulated in local government budgets will increase funding for waste disposal, thus increasing the use of the material substance of household waste and waste from agricultural and forestry production to produce solid and gaseous fuel. It is proved that the state should provide incentives for local governments to enhance resource conservation and energy efficiency based on waste disposal due to participation in financing and indirect promotion of such projects. [ABSTRACT FROM AUTHOR]