РОЛЬ БАНКІВСЬКОГО КРЕДИТУВАННЯ У ПОДОЛАННІ БАР’ЄРІВ НА ШЛЯХУ ДО СТІЙКОГО ЕНЕРГОЕФЕКТИВНОГО ЕКОНОМІЧНОГО РОЗВИТКУ ПІДПРИЄМСТВ

Abstract

Ensuring sustainable economic development should be mentioned among the main tasks facing owners and managers of enterprises in developing plans and strategies for their business activities should be mentioned. This development involves long-term and continuous growth of financial and economic results of enterprises, in particular, their income. However, achieving the appropriate level of competitiveness of business entities and reducing the riskiness of their activities is possible only when the increase in income of enterprises occurs simultaneously with the increase in their level of energy efficiency. Under such conditions, the energy intensity of products is reduced, and the uncertainty caused by possible fluctuations in the prices of energy resources consumed by enterprises decreases. Therefore, it is necessary to widely implement the model of their sustainable energy-efficient economic development at enterprises. However, there are a lot of obstacles to this development. In particular, it is necessary to point out the financial and economic barriers that can be overcome by the use of debt financing by enterprises of energy-saving projects. The aim of this study is to establish the role that bank crediting plays in overcoming barriers to the sustainable energy-efficient economic development of enterprises. Signs of this type of economic development of business entities are highlighted. The main types of barriers that arise in the way of sustainable energy-efficient economic development of enterprises have been identified. The presence of two types of economic obstacles on this path is shown and the methodical bases of estimation of their existing level are offered. The main parameters of bank crediting for energy-saving projects of enterprises are determined. In particular, such parameters include the level of credit interest and the maximum term of the loan. The impact of these parameters on economic efficiency and expediency of attracting bank loans to finance energy saving measures at enterprises is modeled. The importance of state financial support for the implementation of measures to ensure sustainable energy-efficient economic development of enterprises based on preferential lending is substantiated. The results of this study can be used to plan financial support for the implementation of energy-saving projects by economic entities.