Investment climate of the EU countries and Ukraine in the context of realization of “green” economy

Matyushenko, Igor; Hlibko, Serhii; Khanova, Olena; Kudlai, Yelyzaveta

doi:10.57111/econ.21(4).2022.19-36

Economics of Development

2022

DOI: 10.57111/econ.21(4).2022.19-36

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Investment climate of the EU countries and Ukraine in the context of realization of “green” economy

Igor Matyushenko¹,

Serhii Hlibko²,

Olena Khanova³

et al.

Abstract: In the current context of the development of the world economy, one of the main priorities of the country’s economic development is the intensification of investment processes, because they have a positive impact on economic growth and efficient functioning of a country’s economy. The modern investment market is full of competition among countries in order to attract investment. The main indicator influencing the amount of funds raised in the country’s economy is the country’s investment climate. Also, in mode… Show more

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2024

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Cited by 2 publications

References 8 publications

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Prospects for the introduction of a green economy in the agricultural sector of Ukraine for the next 10 years

Bialkovska,

Poprozman,

Zelenskyi

et al. 2024

Scientific Horizons

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The relevance of the study is due to the deterioration of the environment and the low level of application of green technologies in the agricultural sector of Ukraine. The aim was to outline the current problems for farmers in the use of green farming methods and to find solutions. The study assessed the level of use of certain green technologies in agricultural production in Ukraine. The main results obtained in this work are: determining Ukraine’s place in the Green Future Index ranking in various areas during 2021-2023 and comparing it with Iceland, Finland, and Norway; identifying areas of green technologies that need to be developed in Ukraine during martial law and after the war (precision and organic farming, the introduction of biotechnology to create genetically modified organisms and the transition to alternative energy sources). The study of the dependence of farmers’ propensity to use green technologies on the size of farming confirms its undeniable presence. The analysis of foreign experience in precision agriculture allowed formulating recommendations for foreign companies entering the Ukrainian market to promote the use of precision agriculture in Ukraine. The findings on the growing electricity shortage helped to justify the further use of alternative energy sources in the context of the conflict. A study of the negative impact of the hostilities on Ukrainian land allowed classifying such types of impact and developing measures to restore the soil. The assessment of the use of technologies in agriculture helped to identify areas for the introduction of a green economy in the agricultural sector in Ukraine, which will help to increase agricultural yields without harming the environment and increase its competitiveness. The results and conclusions have practical implications for the Government in developing agricultural policy and for farmers in managing their farms

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Prospects for the introduction of a green economy in the agricultural sector of Ukraine for the next 10 years

Bialkovska,

Poprozman,

Zelenskyi

et al. 2024

Scientific Horizons

View full text Add to dashboard Cite

show abstract

Guarantees of electricity origin as a financial mechanism to increase investment attractiveness in the energy sector

Kotyk

2024

ueb

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In modern environment, ensuring the development of the renewable energy sector is significant for achieving the country’s sustainable development goals. The introduction of a mechanism for guaranteeing the origin of electricity is one of the most effective ways to develop renewable energy, and therefore its study is relevant. The purpose of this study was to analyse the approaches to the functioning of the market of guarantees of electricity origin in the EU countries and compare them with the situation in Ukraine. The principal methods of the study were forecasting (prospects for the implementation of energy origin guarantees in Ukraine) and comparison (approaches to the formation of the mechanism of energy origin guarantees in Ukraine and the EU). The study noted the overall role of renewable energy for the development of any country and Ukraine specifically. All the main positive components that arise in countries in the development of this area were described in detail. The instrument of guarantees of energy origin stays effective for achieving the goals of renewable energy development in Ukraine. Considering the specific features of the rules for selling renewable energy guarantees, the study concluded that they are useful both for stimulating the development of the sector and for disseminating information about the need to improve the state of the renewable energy sector in Ukraine and globally. The study assessed what steps has Ukraine taken to adopt and implement this mechanism. Information on EU countries was also examined. The gradual increase in demand for such instruments every year since 2019 indicates not only the popularity of this practice, but also its need among all market players. It was shown that, after the start of Russia’s full-scale invasion of Ukraine, the foreign trade balance turned negative, i.e., the volume of electricity purchases exceeded the volume of sales. The findings of this study can be used to formulate a long-term strategy for the development of a mechanism for guaranteeing the origin of electricity in Ukraine by public authorities

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Investment climate of the EU countries and Ukraine in the context of realization of “green” economy

Cited by 2 publications

References 8 publications

Prospects for the introduction of a green economy in the agricultural sector of Ukraine for the next 10 years

Prospects for the introduction of a green economy in the agricultural sector of Ukraine for the next 10 years

Guarantees of electricity origin as a financial mechanism to increase investment attractiveness in the energy sector

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