Pond Aquaculture as a Measure for Development of Inclusive Green Economy on Rural Territories of Russia

Abstract

The paper reviews a prospective measures of diversifying agricultural production through the development of low-cost pond aquaculture, allowing to create new production chains with high added value, unaffected by numerous weather and market risks inherent for agriculture, especially under risky conditions of southern Russia and its Volgograd region, where poaching catch of river crayfish decreased its natural population and made it a high-demand delicacy. Due to this, pond crayfish farming becomes a competitive direction of freshwater aquaculture, and for its implementing on rural territories paper proposes developed by authors' project of small aquaculture enterprise based on breeding of crayfish and auxiliary production of carps. Being suitable for family farms and environment-friendly, this project could generate for farm up to $13,800 of profit yearly and thus become a basis for sustainable development of inclusive green economy within rural territories of Russia.