No abstract

This paper’s goal is to develop a scientific methodology of financial risk management of ecologically responsible entrepreneurship for the sustainable development of the green economy. The originality of this paper is due to the fact that, for the first time, the financial risks of the green economy are considered through the prism of its sustainability. The paper’s novelty is due to the modelling and quantitative measuring of the impact of the COVID-19 pandemic and the financial and economic crisis on the financial risks to the green economy’s sustainability, in addition to the development of precise quantitative recommendations for financial risk management of the green economy. This enables an increase in its sustainability and reduces ecological disproportion in regions of the world (reducing the differences in the green economy’s sustainability among regions of the world through the management of green investments). The paper’s contribution to the literature consists of specifying the theory of financial risks to the green economy. According to the specified fundamental provisions of this theory, the essence of the process of green economy development is clarified (the “black box” is opened) as the increase in its contribution to sustainable development. As the indicator of achieving this development, an increase in the green economy’s sustainability is offered. A new source of achieving the goal is proposed, consisting of a financial risk management of ecologically responsible entrepreneurship based on (private) green investments.

No abstract

No abstract

The issues of developing an organizational mechanism for analyzing the environmental sustainability of a corporation have not been given due attention so far. A logically complete, systematic approach to understanding the essence and content of environmental sustainability analysis as an independent block analysis, based on private and generalizing indicators within the framework of a comprehensive economic analysis, was not formulated. To a greater extent the authors described certain organizational and methodological issues of analyzing the environmental sustainability of a corporation as part of the analysis of the financial state of organizations, technical and economic analysis. We have undertaken an attempt to fill the existing gap in this block of economic analysis, to identify the subjects and users of the results of the analysis of the environmental sustainability of the corporation. Interested users of information on environmental sustainability analysis study environmental strategy and policy in the field of environmental protection, environmental management and ensuring environmental safety, evaluate the eff ectiveness of environmental decisions on the introduction of the best available and environmentally friendly technologies, evaluate investments in environmental protection measures.