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Cooperation of Financial Institutions and Facilities of Nature Reserve Fund: Basic Economy-Theoretic Aspects

Nikolaychuk Tetyana
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Nikolaychuk Tetyana: Institute of Market Problems and Economic & Ecological Researches of the NASY, Odessa, Ukraine

Economic Alternatives, 2022, issue 2, 220-251

Abstract: Market changes in all fields of the economy of Ukraine demand the creation of new institutions and mechanisms of cooperation between branches, including the sphere of environmental reserve affair, which requires transformations, directed to the development not only of environmentally protectedcomponents, but also of its ecological and economic ones.The aim of the article is to represent financial cooperation, as partnership, which can ensure economic privileges of the results of innovation activities. Business entities, operating in the format of reserved business, should form a separate segment of entrepreneurship, which requires a special form of cooperation with financial institutions in the face of banks and credit unions. The credit tool can also become a form of environmentally oriented business activities, a development vector of cooperation of naturally reserved fund institutions and representatives of the private sector who want to carry out their activities taking into account environmental imperatives and produce truly ecologically pure products, but first of all corresponding a contractual mechanism must be formalized into a legal structure and an independent object of normative-legal regulation.

Keywords: economic development; nature reserve fund; business activity; environmental economic; investments partnership (search for similar items in EconPapers)
JEL-codes: K32 Q28 Q29 Q38 Q39 (search for similar items in EconPapers)
Date: 2022
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Handle: RePEc:nwe:eajour:y:2022:i:2:p:220-251