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Financial aspects of providing the ecological oriented development

Author

Listed:
  • Burmatova O.P.
  • Sumskaya T.V.

Abstract

The paper is devoted to the current state and the problems of formation of the fnancial mechanism of environmental protection. The authors identifed main sources of costs for environmental purposes and analyzed the trend of reducing the fscal costs of environmental protection. Particular emphasis is placed on the legal aspects of the use of payments for negative impact on the environment, including the abandonment of the use of funds to the budget as the price of a negative impact on the environment. The reasons for the ineffcient use of budget funds allocated for environmental purposes are analyzed. The importance of environmental funds in the fnancing of environmental activities is shown, It suggested to restore this element of the fnancial mechanism of environmental regulation in Russia. The importance of programmer – oriented approach to solving environmental problems is marked. The possible elements of the fnancial mechanism for the implementation of environmental protection measures are proposed. The main diffculties including stimulating effect in the economic mechanism of nature conservation and environmental protection are marked.

Suggested Citation

  • Burmatova O.P. & Sumskaya T.V., 2016. "Financial aspects of providing the ecological oriented development," World of economics and management / Vestnik NSU. Series: Social and Economics Sciences, Socionet, vol. 16(2), pages 44-56.
    • Handle: RePEc:nos:wjflnh:2016_2_04e
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    More about this item

    Keywords

    financial mechanism; payments for pollution; budget allocated for environmental protection; promotion of environmental activities;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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