Abstract

The automated toolkit for assessing environmental and investment attractiveness of a mining region and the results of its application are discussed in the article. This toolkit includes the optimization mathematical model, the algorithms for the interaction between a regional control center and a producer within the territory, as well as the automated software package for their analysis. The use of the optimization mathematical model makes it possible to take into account the maximum economic potential of a producer, which determines, respectively, a mining region’s environment pollution potential. Accounting for environmental risks will allow the control center or other decision makers to identify not only the optimal pattern of eco-economic interaction in the region, but also reflect changes in the environmental and investment climate as a combination of economic potential and involved risks. The model and the algorithms of interaction between a regional control center and a producer, as well as the results of their numerical analysis given in this paper, allow considering this toolkit as an effective decision support tool aimed at improving environmental and investment attractiveness of a mining region by encouraging a producer to use the best available technologies and conserve the natural environment.

Highlights

  • The current development of the world economy leads to stronger economic and innovative technological competition both between countries and specific regions

  • At the same time, solving the problems of balanced eco-economic development may lead to the need for a producer in a coal mining region to develop technological innovations in order to use the best available technologies (BAT) in its production

  • Let’s define the concept of environmental and economic attractiveness of a territory as a certain combination of factors that take into account the interaction of its economic potential and environmental risks associated with a territory performance

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Summary

Introduction

The current development of the world economy leads to stronger economic and innovative technological competition both between countries and specific regions. To improve the eco-economic environment of a mining region, it is necessary to use essentially innovative, often interdependent factors of its sustainable development, as well as to develop mechanisms for the integrated assessment of environmental risks taking into account the assessment of both a producer’s production potential and public interests [1, 3, 4, 6-10]. The experience in the field of developing mechanisms for reducing environmental risks proposed in the literature can be divided into the following classes: 1) economic accountability mechanisms (a system of standards, quotas, variances from which leads to the imposition of fines), 2) risk reduction stimulating mechanisms (tax breaks, lending environmental protection measures), 3) risk redistribution mechanisms (state, independent, mutual insurance), 4) reservation mechanisms (provision of material and labor resources, facilities, in the event of emergencies), 5) mechanisms of special funds raising and distribution of and 6) regional program management mechanisms that involve all mechanisms, including, inter alia, mechanisms of public authorities’ interest alignment [2]

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