Green Economy Development Progress in the Republic of Buryatia (Russia)

Alexey Bilgaev, Erzhena Sadykova, Anna Mikheeva, Taisiya Bardakhanova, Svetlana Ayusheeva, Fujia Li and Suocheng Dong
Additional contact information
Alexey Bilgaev: Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China
Erzhena Sadykova: Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, 670047 Ulan-Ude, Russia
Anna Mikheeva: Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, 670047 Ulan-Ude, Russia
Taisiya Bardakhanova: Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, 670047 Ulan-Ude, Russia
Svetlana Ayusheeva: Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, 670047 Ulan-Ude, Russia
Fujia Li: Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China
Suocheng Dong: Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China

IJERPH, 2022, vol. 19, issue 13, 1-16

Abstract: Under current conditions, the green economy concept has received a comprehensive response in achieving the sustainable development of regions. However, measuring green economic development progress is dynamic, quantitatively characterized by indicators reflecting various aspects. The difficulty lies in a comprehensive environmental sustainability assessment in a context that includes the territory’s environmental, social, and economic factors. The study aimed to assess the progress of the Republic of Buryatia’s (Russia) “green” economic development. The proposed methodology for constructing a composite index is based on five dimensions’ aggregation—resource efficiency, environmental efficiency, environmental quality of life, natural assets, and institutional factors. The composite index helped generalize the complex processes of the region’s environmental–socio–economic development. Its main feature is the reflection of the environmental specificity of the territory. We built a mid-term forecast of the composite and sub-indices, determined their future trend, and assessed the opportunities and conditions for the fastest transition of the Republic of Buryatia to a green economy. The developed composite index is a key tool for regulating green economic development progress, determining prospects, and region management. This paper attempts to fill the gap in a comprehensive assessment of the Republic of Buryatia’s current situation using a composite index.

Keywords: Republic of Buryatia (Russia); Lake Baikal; green economy; composite index; forecast (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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