ФІНАНСОВА СКЛАДОВА ІНСТИТУЦІЙНОГО ЗАБЕЗПЕЧЕННЯ СТАЛОГО РОЗВИТКУ АГРАРНОГО СЕКТОРУ: ВІТЧИЗНЯНА ТА ЄВРОПЕЙСЬКА ПРАКТИКА

Abstract

The results of the research showed a tendency towards a significant increase in the volume of financial flows aimed at achieving the goals of sustainable development of agriculture and green areas in European countries. Three key areas of financial support for projects of sustainable development of agribusiness and rural (green) territories of the EU countries were identified: 1) program of sustainable food supply; 2) program of revitalization of agriculture and rural areas 3) food and natural resources. The sources of financial resources are the funds of the common agricultural budget within the framework of the SAP of the EU countries, and the funds involved in the framework of joint projects of private-partnership relations. The Horizon 2020 project was a powerful financial tool for implementing the dominant principles of sustainable agricultural development. Ukraine has significantly fewer financial opportunities to ensure the development of the agricultural sector. The share of State budget expenditures for financing the agricultural sector does not exceed 8%. The financial capabilities of Ukraine to ensure the development of the agricultural sector are significantly smaller. The share of State budget expenditures for financing the agricultural sector does not exceed 8%. The main directions of state financial support for the agricultural sector in recent years are: state support for the livestock industry; support for the development of hops, establishment of new gardens, vineyards, berry orchards; providing loans and making them cheaper; support for the development of farms; partial compensation of the cost of complex domestic agricultural machinery. The use of flexible financial instruments is a priority direction for improving the level of financial provision of institutional support for the sustainable development of the agricultural sector and rural areas of Ukraine. The main ones are: loans, credit lines, loans, grant aid, state subsidies and subventions, etc. State and private finan- cial institutions, commercial banks, financial associations, specialized and guarantee funds, cooperatives, specialized financial institutes of sustainable development, providers of implementation of grant European programs can be financial intermediaries in such flexible schemes of financial support for the sustainable development of the agricultural sector. The combination of par- ticipants in the joint process of financial support for the implementation of sustainable development tasks should be on the basis of the creation of new or existing information-consulting and analytical agro-platforms.