The MARKETNET Concept of Regional Sustainable Development Strategy

The development of the Russian economy requires an increase in production factors, including energy, fuel and raw materials. Sustainable functioning of mining enterprises has an impact on the development of such industries as metallurgy, engineering, road construction and predetermines the development of the country’s economy as a whole. The article substantiates the need to form an investment risk management system in the mining industry to encourage expansion of environment-saving measures funding. The stages of investment risk management are proposed and their content is disclosed. The most significant types of investment risks and uncertainties in assessing geological exploration investment projects in the mining industry are considered. The recommendations for considering the factors of uncertainty and risk when evaluating the effectiveness of environmental and geological exploration investment projects to use maximum information about the conditions for the implementation of projects. For risk assessment, various qualitative and quantitative methods have been proposed, and the advantages of the Monte-Carlo simulation method are shown.

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Investment Risk Management at Mining Enterprises

Frolova

Dolina

Shpilkina

2019

E3S Web Conf.

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Zero Waste Technologies and Solution of Economic and Environmental Problems of Sustainable Development

Dotsenko¹,

Ezdina²,

Mudrova³

2019

E3S Web Conf.

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Economic and environmental problems are closely related, and solving some of them, the others cannot be solved. The state of the environment directly forms the potential of the economic sphere. For example, resources for industrial enterprises are formed in the natural environment, and the capacity of plants and factories depends on resources’ quantity. The amount of money to be spent on the purchase and installation of treatment plants, on the measures to eliminate water, air and soil pollution, depends upon the profit. Each country has its own list of environmental problems related to the economy. They are engaged in their elimination at the state level, but first of all the responsibility for the consequences is the burden of companies’ management. The active development of the economy should not adversely affect the state of the environment. Both individual enterprises and whole states should control the economic and environmental situation in order to achieve a balance and solve global problems. The most important form of interaction between the state and business in solving economic-and-environmental problems is the introduction of zero waste technologies in all their diversity and achieving their multiplicative effect. The paper shows the relationship between environmentally-oriented innovative development of the economy and the introduction of zero waste technologies.

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Environmental Challenges of Postindustrial Economy

et al. 2019

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The responsibility of the modern industrial society for the growth of the global environmental crisis does not raise any doubts. It is also generally accepted that the solution of global environmental problems is associated with a change in the way of life of the population of developed countries, whose maintenance at a high level requires a steady growth of the economy, which until recently was ensured by the extensive use of natural resources. The functioning of such a model of economic production has led not only to the depletion of natural potential, but also to the production of a huge amount of waste. The need to increase economic growth reflects a universal setting for the industrial (and later the post-industrial) society on the growth of the material well-being of the population. The lifestyle formed on the basis of consumer culture enlightens the relationship between society and environment, stimulating economic development, because a market economy cannot develop without an increase in consumption. The society responds to the new needs by accelerating scientific and technological progress to the postindustrial level, which, in accordance with the dominant attitudes in the public consciousness, is perceived both as a foundation of material well-being and as a foundation for the conquest of nature.

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The MARKETNET Concept of Regional Sustainable Development Strategy

Cited by 9 publications

References 7 publications

Investment Risk Management at Mining Enterprises

Investment Risk Management at Mining Enterprises

Zero Waste Technologies and Solution of Economic and Environmental Problems of Sustainable Development

Environmental Challenges of Postindustrial Economy

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