scholarly journals Foreign Experience of Green Economy Development in the Activities of Energy and Oil and Gas Companies in the 21st Century

2020 ◽  
Author(s):  
Mariia Andreevna Gureva ◽  
Valentina Vladimirovna Butko

Green economy models, in particular, the circular economy model, are capable of creating promising ways to build an ecological future, which requires modernization of the system with respect to a number of environmental methods and elements. The article discusses examples of implementing the key principles of sustainable development and the green economy in the activities of foreign energy and oil and gas companies, which represent a segment with the most powerful potential for introducing new innovative processes and conducting environmental projects.

2019 ◽  
pp. 38-40
Author(s):  
Mariia Andreevna Gureva ◽  
Valentina Vladimirovna Butko

The practice of implementing the key principles of sustainable development and the green economy in the activities of modern oil and gas companies is considered in the article. The authors come to conclusion that the implementation and construction of policies focused on the modernized goals and objectives of the green economy, meeting modern challenges in development, can be a direction for the development and updating of strategies of oil and gas companies in Russia in the medium term.


2021 ◽  
pp. 260-269
Author(s):  
Rosa Indellicato

Many people today are raising the issue of sustainable development in the face of the danger of an ecological crisis. The economic, social and cultural evolution poses questions to which each of us is called to respond by reflecting on what are the emergencies of the planet, but at the same time to operate for the protection of health and the reduction of environmental damage. The natural disasters that have occurred in recent years lead us to reflect on the responsibility not only of man, but also the social responsibility of governments. So we ask ourselves: is it possible to achieve a green economy model? A famous economist has already mapped out a path to a non-violent economy, based on a model of accountability. This model states that every discovery must be evaluated by civil society, taking into account the balance between the resources used and the results obtained. To achieve a sustainable green economy, it will be essential to build a biodemocracy in which scientific options are widely supported and accepted.


Author(s):  
Oksana Klymenko ◽  
Svitlana Mala

Relevance of research topic. The global economic trend is characterized by the “greening” of investment processes in order to ensure sustainable development. One of the instruments of attracting green investments in the economy is green bonds. In this regard, there is a need to create and operate a green bond market in Ukraine. Formulation of the problem. Ukraine has joined the global institutions promoting sustainable development and has declared the transition to a “green” economy, so analysis of foreign experience is needed to develop recommendations to a regulatory framework that will help solve the problem of attracting “green” investments in the Ukrainian economy. Analysis of recent research and publications. Among scientists and practitioners dealing with the problems of green investments, we should mention O. Veklic, Y. Podvisotsky, K. Markevich, M. Grityshina, A. Frolov. Selection of unexplored parts of the general problem. The issue of using green bonds to finance environmental projects in Ukraine remains poorly understood. Setting the task, the purpose of the study. The purpose of the study is to analyze the global trends in the green bond market and to develop recommendations for using this type of bond to finance environmental projects in Ukraine. Method or methodology for conducting research.  The theoretical basis of the study is the dialectical method of cognition and a comprehensive approach to the study of economic processes in the financial sphere. The following special methods of research were used: historical and economic analysis; statistical and economic analysis; abstract-logical analysis; graphic methods. Presentation of the main material (results of work). The article reveals the positive dynamics of the global green bond market development, and determines that this type of investment is an important segment for Ukraine, which is a member of the world institutions for sustainable development. The state of the regulatory framework in Ukraine, which regulates the circulation of green bonds, is considered. The concept of introduction and development of the green bond market in Ukraine is recommended. The field of application of results. The results of the study can be used in the national financial system. Conclusions according to the article. Analysis of the global market for green bonds has led to the conclusion that this financial segment is characterized by a progressive and positive development. Green bonds have created a new way of attracting investors to green assets, the advantage of which is that investors are involved in the issue of these financial instruments, which put environmental responsibility first. Creating a market for green bonds in Ukraine will allow us to accumulate and direct financial flows for the development and financing of domestic green projects.


Author(s):  
N. I. Didenko ◽  
◽  
D. F. Skripnuk ◽  
V. I. Cherenkov ◽  
A. V. Tanichev ◽  
...  

The article examines the infrastructure approach to the implementation of the concept of sustainable development in the Arctic zone of the Russian Federation (AZRF). This is done from the point of view of compliance of this development with the so-called megatrends of the world economy, highlighting theoretical, conceptual, and technological aspects. he characteristic of modern geoeconomic and geopolitical factors of development of the AZRF is given. A brief comparative analysis of applicability of economic models that are relevant the concept of sustainable development in the case of the Russian Arctic: bioeconomy, green economy, and circular economy. A few conditions for the implementation of the circular economy model in the Russian Arctic is considered. In connection with the representation of the AZRF as a heterogeneous socio-economic, real-virtual, socio-cyber-physical space, a special role of logistics infrastructure is shown as necessary condition for ensuring the sustainable development of this largest Russian region. The emphasis is made on the need to conceptualize the concept of "logistics infrastructure". Based on a holistic approach to logistics, a 5-layer (underwater, water, ground, air, space) conceptual research holistic model is proposed that could be used for designing, constructing, and monitoring the system of logistics flows in the Russian Arctic. The result of an analytical assessment (in dimensions of "digitalization" and "sustainability") of the state of the Art and possible development for the underwater layer of the logistics infrastructure of the Russian Arctic. The conclusions of the article could be useful both for designing the logistics infrastructure of the Russian Arctic, and for designing the courses of disciplines of higher education relevant to the problem under consideration.


2022 ◽  
pp. 165-178
Author(s):  
K. Orkun Aktaş ◽  
Can B. Aktaş

The 21st century is an urban world. Strategies that aim to tackle the urban material challenge and promote circular economy are necessary to achieve sustainable development. Having established the importance of circular economy towards sustainable development, this study presents applicable strategies to reduce consumption and promote circularity specifically in urban centers. Main strategies may be categorized into three areas: reducing material use through better design, efficient manufacturing and processing, and more intensive recycling. For materials use reduction, dematerialization, appropriate design based on product service lifetime, design for X principles and extended producer responsibility are identified as prominent design approaches or policies. For effective manufacturing and processing, the implementation of best available technologies and additive manufacturing were identified to have potential significant impact. For end-of-life phase management, differences between upcycling, recycling, and downcycling require targeted industry-specific policies.


2019 ◽  
Vol 276 ◽  
pp. 02014
Author(s):  
Nevila Rodhi Nova ◽  
I Putu Artama Wiguna ◽  
Anwar Nadjadji

Risk management has been widely studied and applied in oil and gas pipeline projects, but the reality is that the impacts still occur. This is due to the ineffectiveness of existing risk management applications, so of course in this case an effective risk management system is needed, in which risk management must pay attention to all aspects that exist, both internal aspects, external aspects, and other aspects that can affect and influenced by existing risks and risk management not only can be used as a preventive method. But it can also support sustainable development targets. This paper presents the application of risk management by oil and gas companies in Indonesia that has been adapted to ISO 31000:2009 as a framework that can integrate various other management processes, including the management of HSE (Health, Safety, and Environment) risk in the hope of that sustainable development can be achieved . But in the reality it can not be denied that the activities that continue to this day still cause negative impact, especially for the environment. International oil and gas companies nowadays place more emphasis on preventive measures than the methods of mitigation. Thus it shows that the concept of sustainable development has not been fully considered in risk management applications. The existence of a continuous negative impact would greatly affect the credibility of oil and gas companies. Based on the results of research conducted with the hybrid method and analyzed with the help of System Dynamics it can be concluded that there are 3 (three) factors that can affect reputation risk, these factors are social, environmental, and economic and the model built in this study shows that it will can help the oil and gas company players to predict and improve the company’s reputation.


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