IDEAS home Printed from https://ideas.repec.org/a/cve/innsjn/v2y2022i4p223-231.html

The economic mechanism of ensuring resource conservation and natural use in the conditions of global challenges

Author

Listed:
  • Inna Irtyshcheva
  • Iryna Kramarenko
  • Marianna Stehnei
  • Eugenia Boyko

Abstract

Russia's war against Ukraine worsened the ecological situation, creating the prerequisites for a nuclear and energy hazard for the entire civilized world. Violating all international conventions and agreements the aggressor country threatens everyone with an energy collapse. Accordingly, such actions lead to the destabilization of processes and, at the same time, form new approaches to ensuring energy, environmental, and food security. An intensive transition to alternative sources of electricity is beginning, and new approaches to environmental protection and resource conservation are being formed. Despite the intensity of hostilities, national producers are forced to work and ensure production stability to balance the economy. Accordingly, there is an urgent need to improve the economic mechanism for resource conservation and nature management, which will increase the competitiveness of national production on world markets and the post-war recovery of the economy. The article's purpose is to justify the economic mechanism of ensuring resource conservation and nature management by modern global challenges. The mechanisms for fulfilling Ukraine's environmental obligations have been systematized, among which the most significant is determined to be: the introduction of an environmental management and audit system, the creation of a system for stimulating the use of waste as a source of energy for the production of heat and electricity, implementation of a system for trading quotas for greenhouse gas emissions. Conclusions. It is substantiated that bioenergy is one of the alternative energy sources for the production of which Ukraine has significant potential. Agricultural biomass is a promising energy source thanks to favorable natural and climatic conditions. Compared to other sources, it is the most accessible and cheaper energy source, which involves waste-free production aimed at meeting the population's needs in energy resources and food. It has been investigated that the main obstacles to the cultivation of energy plants and the production of thermal energy on this basis are that they are not included in the classification of crops, and the legislative framework and regulatory policy in this area have yet to be created. A conceptual diagram of the economic mechanism for resource conservation and nature management has been developed. It is based on organizationalmethodological, financial, and informational development, taking into account modern principles, tools, and methods of its implementation and considering global challenges

Suggested Citation

  • Inna Irtyshcheva & Iryna Kramarenko & Marianna Stehnei & Eugenia Boyko, 2022. "The economic mechanism of ensuring resource conservation and natural use in the conditions of global challenges," Innovation and Sustainability Articles, Innovation and Sustainability, vol. 2(4), pages 223-231, November.
  • Handle: RePEc:cve:innsjn:v:2:y:2022:i:4:p:223-231
    DOI: https://doi.org/10.31649/ins.2022.4.223.231
    as

    Download full text from publisher

    File URL: https://inns.vn.ua/web/uploads/pdf/Irtyshchevaetal..pdf
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.31649/ins.2022.4.223.231?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
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    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:cve:innsjn:v:2:y:2022:i:4:p:223-231. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Innovation and Sustainability (email available below). General contact details of provider: https://inns.vn.ua/ .

    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.