Organizational, Economic, and Strategic Aspects of Capitalization of Multipurpose Forest Industries
Introduction. The present article forecasts the organizational, economic, and strategic aspects of the multifunctional forestry capitalization in the Kemerovo region aka Kuzbass. The authors analyzed the current Russian laws in order to answer the following question: is multi-purpose forest utilization able to ensure the rights and interests of all its participants, while providing legal means to resolve various related issues? Study objects and methods. The research featured the legal norms in the field of forest, wildlife, and subsoil utilization. The authors assessed their ability to guarantee sustainable use of natural resources while protecting the rights and legitimate interests of forest users. The study was based on general standard methods of cognition and special legal methods. Results and discussion. Hunting is regulated by hunting sector agreements. The Forest Code and the Hunting Law of the Russian Federation do not prohibit or restrict other types of forest utilization of hunting grounds. Most Western European countries link land ownership to hunting rights, which makes landowners liable for damage caused by hunting and obliged to protect the local fauna. Conclusion. Russian legislation does not provide for direct conciliation and compensation mechanisms in cases a part of hunting ground is used for other purposes, e.g. mining. Russian legislation needs legal termination procedures for hunting sector agreements and compensation rules in case a land plot was seized from hunting providers for subsoil use.