scholarly journals Social Investing Modeling for Sustainable Development of the Russian Arctic

2022 ◽  
Vol 14 (2) ◽  
pp. 933
Author(s):  
Andrey Novoselov ◽  
Ivan Potravny ◽  
Irina Novoselova ◽  
Violetta Gassiy

The method of the social investing of the Arctic subsoil users is considered in this article. As the portfolio of social investments is formed based on the interests of indigenous peoples, the authors used expert assessment and sociological research for social investing modeling. A two-stage procedure for forming a portfolio of such projects is proposed. An approach has also been developed for assessing and selecting investment projects for the Arctic sustainable development according to different criteria of optimality. The authors substantiate the need for a new approach to sustainable development of the Arctic, based not on compensation for the negative consequences of industrial development used in many countries, but on social investment. In this article the proposed approach is tested on the case of the Arctic indigenous community in Taimyr and the optimal social investing portfolio is justified.

2022 ◽  
Vol 962 (1) ◽  
pp. 012030
Author(s):  
E V Potravnaya ◽  
S V Tishkov

Abstract The article deals with the issues of technogenesis and the evolution of relations with the environment through the example of the industrial development of the Arctic. The economic, environmental, and social aspects of the behavior of the indigenous population, the migration sentiments of the young people in connection with the implementation of investment projects for the development of the territory are analyzed. Particular attention is paid to identifying the relationship between the migration processes and the industrial development of the Arctic, substantiating the participation of mining companies to improve the socio-economic development of the Russian Arctic, and promoting employment. The subject of the study are the economic and social relations, migration attitudes of the local population, and youth, which arise in the process of the industrial development of the territory in the Arctic. Based on the example of conducting sociological surveys of the local population in Taimyr, in the Arctic regions of Yakutia, Karelia, and the Murmansk Region, recommendations are formulated for managing migration processes, promoting employment, income growth, and socio-economic development of the territory within the framework of mining companies’ activities to implement investment projects for the industrial development of the Arctic.


2018 ◽  
Vol 9 (3) ◽  
pp. 351-363
Author(s):  
V. N. Leksin ◽  
B. N. Porfiriev

Purpose: the purpose of the research is to evaluate proposals on the formation of a fundamentally new support and zonal structure for managing the development of the Russian Arctic and related changes in the regulatory and legal support for this development.Methods: research is carried out with the use of interdisciplinary methodologies which integrate specific tools of research of economic, sociological, political science, ecological, legal and other issues of spatial systems’ functioning.Results: there is an active modernization in the production, infrastructure and defense spheres on the territory of the Russian Arctic, the accelerated development of which can be considered a prerequisite for solving the social and economic problems of the integrated development of the whole macroregion. At the same time, the gradual modernization of the institutional and legal bases for the development of the Arctic zone of the Russian Federation (AZRF) began. An additional impetus was given to it by the adoption of Decree №1064 of the Government of the Russian Federation of August 31, 2017 on a new state program for the development of the Arctic that made significant adjustments to earlier decisions on public administration and legal support for the development of the Russian Arctic.Conclusions and relevance: the authors showed that one of the main reasons for the slow implementation of the justifiably ambitious intentions of the country's leadership on the complex socio-economic re-development of the Russian Arctic was the underestimation of the importance of modernizing the institutional and legal bases for the re-development of the Russian Arctic. The modernization of the institutional and legal bases of spatial development is becoming an important factor in the stable functioning of not only the state, regions and municipalities, but also for the implementation of any investment projects. The data on innovations in the structure of the institutes and legal regulators of the development of the Russian Arctic confirms the undoubtedly positive potential for modernizing the institutional and legal bases for the spatial development of the Russian Arctic and the need for experimental verification of the decisions taken so that that potential could be fully realized. 


2021 ◽  
Vol 77 (4) ◽  
pp. 48-63
Author(s):  
Borys Burkynskyi ◽  
Natalya Andryeyeva ◽  
Nina Khumarova ◽  
Katyeryna Konstetska

According to the Sustainable Development Goals (UN, 2015), making sustainable business decisions should be the driving force in achieving environmentally-oriented improvements. The key document that supports the 10 principles that ensure SDGs is the United Nations Global Compact Strategy 2021–2023 (UN, 2021). Achieving the goals of the Strategy requires the use of an improved business decision-making model that simultaneously increases revenues and revises the distribution of domestic funds for meeting the principles in the sphere of human rights, economic growth, satisfactory working conditions and the environment, and combating corruption as a key driver of corporate sustainability and responsible business practices. The authors have developed a methodological approach to the assessment of business sustainability, which is based on a combination of elements: analysis of world best practices and trends, determination of the impact of business on the social status and environment, quality assessment of relevant certification, and analysis of compliance with social indexes of sustainable development. The analysis of economic indicators of sustainable business (The B Impact Assessment, 2021) for 2020–2021 allowed singling out companies that finance the environmental sphere. Today, a quarter of the world’s countries carry on sustainable business and finance the environmental degradation impact. The 8 leaders include: France, USA, Brazil, India, Germany, Norway, Ireland and South Korea. Methods of rating and expert assessment constitute an applied aspect of research for identification of prospects of sustainable business formation in Ukraine in the regional context. The result shows that only 8 regions are suitable for sustainable business conduct, while the environmental criterion is more than 9.2 points of 10, the economic criterion does not exceed 5, and the social criterion is 4.02–5.02. Therefore, it is necessary to focus on the organization of sustainable business according to the key strategic state priorities in formation of the mechanisms for the investment and the innovation policy of a sustainable development support system through the use of regulatory tools for reformation of existing business approaches to internationally regulated ones, such as business for nature.


2021 ◽  
Vol 1 (215) ◽  
pp. 49-52
Author(s):  
Maria Solomko ◽  

The article considers the importance of industrial development for the economy of the Republic of Belarus. The dynamics of indicators that characterize the level of sustainable development of medium- and high-tech industries is presented. Trends in the creation of innovative infrastructure entities are described. The activities of the China-Belarus industrial Park "Great stone" and its importance are described. Industrial Park’s main investment projects for the creation of production facilities are presented. The platforms of the China-Belarus innovation center for commercialization of scientific and technical achievements are presented.


2021 ◽  
Vol 1 (3) ◽  
pp. 13-18
Author(s):  
Andrey Stanislavovich Slavyanov ◽  

The paper analyzes the current methods of evaluating the effectiveness of investment projects, which mainly take into account the financial result. At the same time, the social effects of the project, which may take a negative value, are usually not taken into account. The paper proposes an approach based on the matrix method of project portfolio formation, which ensures the uniform and sustainable development of the economic system.


2017 ◽  
Vol 4 (4) ◽  
pp. 76-85
Author(s):  
V G Baev ◽  
I A Kalinina

The purpose of this article is to study the possibilities of public-private partnership in the in realization of environmental policy of the Russian Federation and the Concept of sustainable development. Authors consider that the Russian government should be solving in the process of development of the Russian economy problems of ecology (providing the favorable environment; decrease in anthropogenous load of the environment; increase in efficiency of use of energy resources; correction of negative consequences of resource-intensive industrial development). The public-private partnership is investigated as special legal institute and as a form of interaction between government and business. The potential of public-private partnership in solving problems in the sphere of ecology is studied in these planes.Public-private partnership is studied in various aspects: form of investment in environmental protection; mechanism of achievement of ecological interests of the state and society; a way of stimulation of introduction in economy of innovations which are capable to provide interests of ecosystems.Authors support adoption of the comprehensive and integrated programmatic law which will provide a triad of interests: investments - innovations - ecology. The analysis of legal base of public-private partnership and programmatic laws on sustainable development of the Russian Federation has allowed to draw a conclusion on absence between them direct connection. This has a negative impact on the implementation possibilities of state-private partnership to overcome the environmental crisis. Authors offer changes in the legislation for elimination of this inconsistency. They define the problems of public initiative and public oversight in public-private partnership in the field of ecology.Authors approve need of creation of mechanisms of public control for this sphere.


2021 ◽  
Vol 291 ◽  
pp. 02010
Author(s):  
Violetta Gassiy ◽  
Anatoliy Sleptsov

The issues of the ensuring of the Arctic ecosystem sustainability are considered in the paper. The authors research the main approaches to sustainable development policy implemented by the Arctic countries, including the Russian Federation. The relevance of the study is justified by the ongoing rapid changes in the Arctic space lead to negative consequences associated with the safety of human life in the northern regions. The article also substantiates the positive aspects of climate change and their impact on sustainable development. Based on statistical analysis, the authors identify the main trends in socio-economic and environmental changes in the Russian Arctic. The Conclusion outlines the directions for ensuring of ecosystem sustainable development, based on innovation, non-conflict coexistence of northern communities and business, the implementation of a rational state policy based on the balance of the economy, social sphere and natural capital.


2020 ◽  
Vol 12 (19) ◽  
pp. 7963 ◽  
Author(s):  
Andrey Novoselov ◽  
Ivan Potravny ◽  
Irina Novoselova ◽  
Violetta Gassiy

The article discusses the issues of sustainable development of indigenous communities in the Arctic based on the optimization of projects of mining companies. The purpose of the article is to develop tools for decision-making to optimize the mining projects based on economic and mathematical models. The authors suppose that, by comparing and selecting different options for resource extraction, the use of various technologies and the impact of projects, the conditions of the traditional life of indigenous peoples, the preservation of health, it is possible to find a compromise solution for stakeholders. The case-study of Alrosa—a diamond giant mining in Yakutia is researched in the paper. To ensure sustainable development of traditional lands, it is proposed to optimize mining projects, in order to carry out a project maneuver during Arctic development. The project maneuver of the mining company makes it possible to choose the optimal solution from the existing alternatives for the extraction of minerals. The authors propose criteria and procedures for the selection of alternative options for the implementation of extractive projects. The alternative projects selected in this way make it possible to compensate to indigenous communities for the negative impact during industrial development of the Arctic.


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