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Green economy in Russia: the investments’ review, indicators of growth and development prospects

Author

Listed:
  • Elena A. Tarkhanova

    (Interregional public organization League of Higher School Teachers, Russian Federation)

  • Elena L. Chizhevskaya

    (Tyumen Industrial University, Russian Federation)

  • Anhelica V. Fricler

    (Interregional public organization League of Higher School Teachers, Russian Federation)

  • Natalia A. Baburina
  • Svetlana V. Firtseva

    (Tyumen Industrial University, Russian Federation)

Abstract

Currently the "green" economy is an important part of positioning in the international arena as an environmental component of sustainable development. Russia, as an active party in the international arena, supports resolutions on the "green" economy development and "green" financing tools for resolving issues of climate-resistant economic growth. Factors and trends in the Russian "green" economy development are radically different from most developed countries. At the same time, Russia has undeniable advantages in terms of preserving natural landscapes and the ecosystem services’ potential. Russia also has huge and almost unused opportunities for "green" growth. Our article is devoted to these problematic economic issues related to the "green" investment development. It is a basis for environmentally sustainable evolution. We discuss the latest trends and facts in the the"green" economy development of Russia. In addition, we describe possible promising directions for its growth in the future. Our results can be interesting and useful for researchers and experts working in the field of strategic management, spatial development and innovation economics. It is attractive for stakeholders and politicians involved in the economics and environment issues.

Suggested Citation

  • Elena A. Tarkhanova & Elena L. Chizhevskaya & Anhelica V. Fricler & Natalia A. Baburina & Svetlana V. Firtseva, 2020. "Green economy in Russia: the investments’ review, indicators of growth and development prospects," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 649-661, December.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:649-661
    DOI: 10.9770/jesi.2020.8.2(39)
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    Citations

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    Cited by:

    1. Gamze Sart & Yilmaz Bayar & Marina Danilina & Funda Hatice Sezgin, 2022. "Economic Freedom, Education and CO 2 Emissions: A Causality Analysis for EU Member States," IJERPH, MDPI, vol. 19(13), pages 1-14, June.
    2. Natalia Borisovna Lubsanova & Lyudmila Bato-Zhargalovna Maksanova & Zinaida Sergeevna Eremko & Taisiya Borisovna Bardakhanova & Anna Semenovna Mikheeva, 2022. "The Eco-Efficiency of Russian Regions in North Asia: Their Green Direction of Regional Development," Sustainability, MDPI, vol. 14(19), pages 1-19, October.

    More about this item

    Keywords

    green economy; green investment; green growth; sustainable development; social responsibility; low-carbon development;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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