IDEAS home Printed from https://ideas.repec.org/a/ags/areint/274543.html
   My bibliography  Save this article

Інституційне Забезпечення Фінансування Сталого Розвитку У Світлі Мультистейкхолдерського Підходу

Author

Listed:
  • Makarenko, Inna
  • Serpeninova, Yulia
  • Pogorila, Kateryna

Abstract

Purpose. The purpose of the article is to classify institutions funding sustainable development initiatives and to study their experience at the European and national levels. Methodology / approach. As a meaningful methodological basis for the classification of the multilevel system of institutions, funding sustainable development initiatives, the multistakeholder approach is used and as a technical tool – typology method. Application of these methods, along with comparative analysis, allowed to generalize the experience of organizing institutional support for financing sustainable development initiatives at European and national level. Results. In the world and the EU there is a significant number of institutions, which in their totality create institutional support for the financing of sustainable development, which determines the importance of their classification. Based on a comparison of European and national experience, it has been determined that the formation of a national strategy for sustainable development in Ukraine needs to strengthen the institutional capacity to finance activities and objectives in this area. Originality / scientific novelty. The system of criterions for the development of standards, regulators, international organizations, which forms the institutional support for the financing of sustainable development based on the multistakeholder approach, has been developed. Practical value / implications. The specified system of criterions allows to streamline the process of defining a conceptual framework for financing sustainable development initiatives, taking into account the institutional and regulatory environment and the prevailing interests of stakeholders.

Suggested Citation

  • Makarenko, Inna & Serpeninova, Yulia & Pogorila, Kateryna, 2018. "Інституційне Забезпечення Фінансування Сталого Розвитку У Світлі Мультистейкхолдерського Підходу," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 4(2), June.
    • Handle: RePEc:ags:areint:274543
    DOI: 10.22004/ag.econ.274543
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/274543/files/6_Makarenko_article.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.274543?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Olaf Weber, 2014. "The financial sector's impact on sustainable development," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 4(1), pages 1-8, January.
    2. Brunnhuber, Stefan, 2017. "Financing the Future: An Argument for a Parallel Optional Currency," GLO Discussion Paper Series 128, Global Labor Organization (GLO).
    3. David Griggs & Mark Stafford-Smith & Owen Gaffney & Johan Rockström & Marcus C. Öhman & Priya Shyamsundar & Will Steffen & Gisbert Glaser & Norichika Kanie & Ian Noble, 2013. "Sustainable development goals for people and planet," Nature, Nature, vol. 495(7441), pages 305-307, March.
    4. Ming Shan & Bon-Gang Hwang & Lei Zhu, 2017. "A Global Review of Sustainable Construction Project Financing: Policies, Practices, and Research Efforts," Sustainability, MDPI, vol. 9(12), pages 1-17, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mirza, Nawazish & Afzal, Ayesha & Umar, Muhammad & Skare, Marinko, 2023. "The impact of green lending on banking performance: Evidence from SME credit portfolios in the BRIC," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 843-850.
    2. Preeti Sharma & Priyanka Panday & R. C. Dangwal, 2020. "Determinants of environmental, social and corporate governance (ESG) disclosure: a study of Indian companies," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 17(4), pages 208-217, December.
    3. Stjepan Posavec & Damir Barčić & Dijana Vuletić & Višnjica Vučetić & Ivana Čavlina Tomašević & Špela Pezdevšek Malovrh, 2023. "Forest Fires, Stakeholders’ Activities, and Economic Impact on State-Level Sustainable Forest Management," Sustainability, MDPI, vol. 15(22), pages 1-24, November.
    4. Dirk Lauinger & Romain G. Billy & Felipe Vásquez & Daniel B. Müller, 2021. "A general framework for stock dynamics of populations and built and natural environments," Journal of Industrial Ecology, Yale University, vol. 25(5), pages 1136-1146, October.
    5. Rani, Ch Radhika & Das, Abhipsita & Reddy, A Amarender & Reddy, C. Papi & Sneha, Anjani Vajrala, 2021. "Mapping Welfare and Development Programmes with Sdgs in Indian Village," 2021 Conference, August 17-31, 2021, Virtual 315279, International Association of Agricultural Economists.
    6. Sergej Lisowski & Markus Berger & Justus Caspers & Klaus Mayr-Rauch & Georg Bäuml & Matthias Finkbeiner, 2020. "Criteria-Based Approach to Select Relevant Environmental SDG Indicators for the Automobile Industry," Sustainability, MDPI, vol. 12(21), pages 1-22, October.
    7. Ana Paula Lima Vilela & Michelle Simões Reboita & Luiz Felipe Silva & Miglena Krasimirova Gerasimova & Daniele Ornaghi Sant’Anna, 2020. "Sustainable neighborhoods in Brazil: a comparison of concepts and applications," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(6), pages 6001-6028, August.
    8. Willem Schramade, 2016. "Integrating ESG into valuation models and investment decisions: the value-driver adjustment approach," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 6(2), pages 95-111, April.
    9. Gyula Dörgő & Viktor Sebestyén & János Abonyi, 2018. "Evaluating the Interconnectedness of the Sustainable Development Goals Based on the Causality Analysis of Sustainability Indicators," Sustainability, MDPI, vol. 10(10), pages 1-26, October.
    10. Ingrid Boas & Frank Biermann & Norichika Kanie, 2016. "Cross-sectoral strategies in global sustainability governance: towards a nexus approach," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(3), pages 449-464, June.
    11. Dorota Bednarska-Olejniczak & Jarosław Olejniczak & Libuše Svobodová, 2019. "Towards a Smart and Sustainable City with the Involvement of Public Participation—The Case of Wroclaw," Sustainability, MDPI, vol. 11(2), pages 1-33, January.
    12. Indra de Soysa, 2022. "Economic freedom vs. egalitarianism: An empirical test of weak & strong sustainability, 1970–2017," Kyklos, Wiley Blackwell, vol. 75(2), pages 236-268, May.
    13. Martinico-Perez, Marianne Faith G. & Schandl, Heinz & Fishman, Tomer & Tanikawa, Hiroki, 2018. "The Socio-Economic Metabolism of an Emerging Economy: Monitoring Progress of Decoupling of Economic Growth and Environmental Pressures in the Philippines," Ecological Economics, Elsevier, vol. 147(C), pages 155-166.
    14. Annik Magerholm Fet & Haley Knudson, 2021. "An Approach to Sustainability Management across Systemic Levels: The Capacity-Building in Sustainability and Environmental Management Model (CapSEM-Model)," Sustainability, MDPI, vol. 13(9), pages 1-13, April.
    15. Yang Yu & Jesús Rodrigo-Comino, 2021. "Analyzing Regional Geographic Challenges: The Resilience of Chinese Vineyards to Land Degradation Using a Societal and Biophysical Approach," Land, MDPI, vol. 10(2), pages 1-15, February.
    16. Muhammad Kaleem Khan & R. M. Ammar Zahid & Adil Saleem & Judit Sági, 2021. "Board Composition and Social & Environmental Accountability: A Dynamic Model Analysis of Chinese Firms," Sustainability, MDPI, vol. 13(19), pages 1-18, September.
    17. Edgar Cambaza & Shigenobu Koseki & Shuso Kawamura, 2018. "Aflatoxins in Mozambique: Impact and Potential for Intervention," Agriculture, MDPI, vol. 8(7), pages 1-11, July.
    18. Rubén Ortega-Álvarez & Rafael Calderón-Parra, 2021. "Linking biological monitoring and wildlife ecotourism: a call for development of comprehensive community-based projects in search of sustainability," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(3), pages 4149-4161, March.
    19. Kevin P. Hallinan & Lu Hao & Rydge Mulford & Lauren Bower & Kaitlin Russell & Austin Mitchell & Alan Schroeder, 2023. "Review and Demonstration of the Potential of Bitcoin Mining as a Productive Use of Energy (PUE) to Aid Equitable Investment in Solar Micro- and Mini-Grids Worldwide," Energies, MDPI, vol. 16(3), pages 1-20, January.
    20. Vincenzo Formisano & Bernardino Quattrociocchi & Maria Fedele & Mario Calabrese, 2018. "From Viability to Sustainability: The Contribution of the Viable Systems Approach (VSA)," Sustainability, MDPI, vol. 10(3), pages 1-17, March.

    More about this item

    Keywords

    Agribusiness; Financial Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:areint:274543. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://are-journal.com/are .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.