Abstract

This paper defines environmental audit, environmental insurance, environmental risk, acoustic risks, and environmental assessment. Also, the paper analyses the regulatory framework for the aforementioned governance mechanisms and characterizes the current state of the environmental audit, insurance, and assessment in Russia and other countries. Legal regulation of acoustic and other environmental risks is analyzed. The form and matter of the environmental audit, insurance, and assessment are characterized. Finally, the paper highlights the problems and prospects of the statutory regulation of these mechanisms in Russia.

Highlights

  • Due to the spread of pollution across large transcontinental spaces, environmental problems have become global

  • It is clear that environmental problems cannot be solved within a separate country; intense international collaboration in environmental protection is a must

  • Declaration of the United Nations Conference on the Human Environment [1] is an example of a universal agreement

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Summary

Introduction

Due to the spread of pollution across large transcontinental spaces, environmental problems have become global. Having analyzed the international legal regulation of the means of preventing environmental risk, the author should note that environmental audit, insurance, and assessment are not universal tools. They are widely used in the regions where the environmental issues are acute, and states strive to prevent environmental problems. Many countries (USA, Japan, Jamaica, Norway, France, Belgium, etc.), as well as international financial corporations started using the environmental audit to help enterprises to manage the environmental efforts and lessen financial risks, improvement of environment protection activities, to attract additional capital in the industry and power sectors, and estimate the character and scale of environmental problems in the area of public health. Environmental audit is a complex structure including the production audit, the environmental audit of financial activity, and the environmental compliance audit:

Production audit
Conclusion
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