Green economy in Russia: the investments’ review, indicators of growth and development prospects

Elena A. Tarkhanova (), Elena L. Chizhevskaya (), Anhelica V. Fricler (), Natalia A. Baburina () and Svetlana V. Firtseva ()
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Elena A. Tarkhanova: Interregional public organization League of Higher School Teachers, Russian Federation
Elena L. Chizhevskaya: Tyumen Industrial University, Russian Federation
Anhelica V. Fricler: Interregional public organization League of Higher School Teachers, Russian Federation
Svetlana V. Firtseva: Tyumen Industrial University, Russian Federation

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 2, 649-661

Abstract: Currently the "green" economy is an important part of positioning in the international arena as an environmental component of sustainable development. Russia, as an active party in the international arena, supports resolutions on the "green" economy development and "green" financing tools for resolving issues of climate-resistant economic growth. Factors and trends in the Russian "green" economy development are radically different from most developed countries. At the same time, Russia has undeniable advantages in terms of preserving natural landscapes and the ecosystem services’ potential. Russia also has huge and almost unused opportunities for "green" growth. Our article is devoted to these problematic economic issues related to the "green" investment development. It is a basis for environmentally sustainable evolution. We discuss the latest trends and facts in the the"green" economy development of Russia. In addition, we describe possible promising directions for its growth in the future. Our results can be interesting and useful for researchers and experts working in the field of strategic management, spatial development and innovation economics. It is attractive for stakeholders and politicians involved in the economics and environment issues.

Keywords: "green" economy; "green" investment; "green" growth; sustainable development; social responsibility; low-carbon development (search for similar items in EconPapers)
JEL-codes: G30 O13 P28 Q01 Q50 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:2:p:649-661

DOI: 10.9770/jesi.2020.8.2(39)

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