DOI: 10.7256/2454-0668.2022.3.38346

Abstract: The objective need for environmental investment to overcome the reproduction of anti-sustainable environmental trends in the modern Russian economy and its post-pandemic recovery is substantiated. Environmental investments that meet the criteria of the global ESG agenda are positioned as responsible in their essence and transformative in their functional role. Original scientific judgments are presented on the impact of such investments on the dynamics and intensity of "green" innovations (new technologies, production processes, supply chains capable of solving issues of waste processing and industrial reproduction of raw materials from waste resources, as well as the use of alternative energy sources, etc.), which are able to generate long-term and sustainable growth of aggregate factor productivity (TFP) and ensure the radical transformations of the economic system associated with the formation of a "green" circular economy.   Regressive models (growth curves) have been constructed for the current domestic economy, taking into account the volume of environmental investment, confirming the hypothesis of the "weakness" of this process in the Russian Federation, including due to the lack of significant changes in the state environmental policy. The minimum necessary economic tools of the state policy in the field of stimulating environmental investment in Russia have been formed in order to post-pandemic recovery of its economy and ensure long-term sustainable growth of TFP. The conducted research makes a certain contribution to the development of the theory of endogenous economic growth by taking into account the impact of environmental investment, which is initially focused on the effective use of natural capital, on the maximum involvement of waste resources in economic turnover, the replacement of traditional production technologies with environmentally friendly or low-carbon, the improvement of ecosystems, the production potential of the economy, the quality of the environment and social changes.

DOI: 10.7256/2454-0668.2021.4.36411

Abstract: The relevance of this research is substantiated by the need for prompt from a transition from the consumer model of economic growth towards the investment model for maintaining the long-term economic growth potential even in the conditions of planetary manifestations of large-scale environmental challenges. The authors promote economic investment as the prerequisite and “accelerator” of economic growth, which is adequate to the set goal of sustainable development for the period 2016–2030, “responsible” by nature and “transformative” by its functional role. The article aims to conduct the analytical retrospective assessment of the state of eco-investing in the Russian Federation over the period 2000–2019, determine its restraints, as well as the effective mechanisms for its economic incentive. Research methodology employs a range of procedures and methods that allow acquiring objective conclusions on the matter, namely: form databases of statistical data necessary for the analysis; intellectual data mining with instrumental support of the software package Statistica; and multifactor regression analysis. The author builds the regression models of resource potential of eco-investing, which emphasize the need for creating such normative legal, financial and economic conditions that would encourage the economic entities to invest in reduction of their ecological footprint. Based on examination and summary of the leading world practices in the sphere of state support, and application of the relevant market tools for the development of eco-investing, the article provides recommendations on the development of comprehensive mechanism for its economic motivation in the Russian Federation. Such mechanism successfully combines the methods and tools of both positive and negative motivation, concernment and responsibility measures.

DOI: 10.7256/2454-0668.2020.1.32084

Abstract: The goal of this research is a review of the complex indicative systems and indicators used in the European Union, which allow giving a multi-criteria assessment to social justice, in the interests of adaptation of positive European experience in Russia. The information base of this research consists of the data from the European Commission on EU social indicators, materials on social integration monitoring in Europe, and Bertelsmann independent foundation of private law on components of social justice indicator; data of two-year report of the Organization for Economic Cooperation and Development “Society at a Glance”. To achieve the set goals, the work employs the following general scientific methods of research: scientific abstraction, analysis and synthesis, induction and deduction, comparison. The authors conduct comparative analysis on the most complex system of social indicators used in the European practice; determine their benefits and flaws, as well as the methodological problems of application in the conditions of the current system of statistics in Russia. A proposal is made to adapt and use the methodology of calculating multi-criteria social justice indicator in Russian practice.