Abstract
The requirements of modern society for urban parks represent them as multifunctional territories. Global trends suggest that parks have a social essence and are focused on creating a healthy and aesthetic environment. But in Ukraine, parks are considered only as landscape and architectural complexes. Therefore, they are financed under urban planning programmes and at the expense of budget funds. Attracting funds from organisations in the field of landscaping requires greater integration of parks into the socio-economic system. At the same time, it is necessary to develop mechanisms for economic incentives for organisations to participate in the improvement of park areas. The purpose of this study is an economic analysis of modern financing of the green economy in Ukraine and the development of proposals for additional sources of financial support for parks. In this paper, using the analytical method, the accounting of the financial state of the green economy in the regions of Ukraine is carried out. Typical problems of modern financing, the main shortcomings of budget financing, and problems of commercial organisations in the field of urban greening are highlighted. Using the economic and mathematical modeling (index method), the analysis of changes in indicators of providing green spaces and, accordingly, indicators of their financial condition is carried out. The practical significance of the study lies in the development of recommendations on additional ways to finance park management based on the introduction of the practice of public-private partnerships, trust agreements, and easement. Requirements have been formed for legal entities that have the right to conclude such transactions. An economic mechanism for stimulating the establishment of publicprivate partnerships and concluding agreements in the field of landscaping is proposed
Highlights
The key characteristic of the park among the variety of urban landscaping objects is its infrastructure support in accordance with public demand
The purpose of this study is an economic analysis of modern financing of the green economy in Ukraine and the development of proposals for additional sources of financial support for parks
It can be stated that public plantings include: culture and recreation parks, city and district parks, gardens of residential areas attached to residential buildings, squares, embankments and boulevards, water parks, meadow parks, forest parks, and other landscaping objects
Summary
The key characteristic of the park among the variety of urban landscaping objects is its infrastructure support in accordance with public demand. The park, as a part of a public space, must be maintained. Providing parks with landscaping requires sufficient funding. Balanced landscaping requires the maintenance and improvement of green spaces and timely updating of infrastructure. As evidenced by foreign experience, the improvement of the park should meet the needs of society, which change over time, and there should be room for innovation. Today the development of park management in Ukraine should be based on the best foreign practices
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Scientific Bulletin of Mukachevo State University Series “Economics”
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
