Abstract

Modern business conditions require the implementation of the financial support mechanism for the transformation of transport and logistics systems using non-traditional sources of funding, including "green" investments. The key instruments of "green" financing for transport infrastructure modernization, which are effectively used in different countries, include: "green" bonds, "green" loans, grants, guarantees, technical assistance, money of "green" investment funds. This paper is devoted to the analyzes of the dynamics of environmental indicators of the regional logistics system taking as an example the economic region "Polissya". On this basis, modern environmental problems of the district's logistics system have been identified. An analysis of the development of world markets for "green" bonds, "green" loans and sustainable investment assets is made. Peculiarities and characteristic features of "green" financing instruments for the development of logistics systems of different levels are considered. As a result of the research it is established that in the Ukrainian realities it is expedient to apply the advanced international experience of realization of the "green" financing of infrastructure projects mechanism in economic areas. This will successfully transform regional logistics systems in the context of the green economy and achieve sustainable development of transport infrastructure.

Highlights

  • Modern economic conditions require the modernization of regional logistics systems in the context of the green economy and the introduction of a mechanism for sustainable development

  • This is due to the fact that the field of transport and logistics, on the one hand, has a negative impact on the environment, and on the other - has significant potential for the model of "green" growth [1; 2]

  • The EU Transport Strategy envisages a reduction of greenhouse gas emissions by approximately 20% of their level in 2008, and in general by 2050 - by 80-95% below the level of 1990 [3]

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Summary

Introduction

Modern economic conditions require the modernization of regional logistics systems in the context of the green economy and the introduction of a mechanism for sustainable development. The relative share of capital investments in air protection and climate change in the Kyiv region decreased by 12.3 percentage points or from 12.4 to 0.1% of the volume of capital investments for all types of environmental measures in the region; in Cherkasy - by 42.4 percentage points or from 43.9 to 1.5%; in Chernihiv - by 10.2 percentage points or from 13 to 2.8% (Table 5). The share of current expenditures on air protection and climate change in the Chernihiv region decreased by 14.5 percentage points or from 25.8 to 11.3% of the unit costs for all types of environmental measures in the region; in Kyiv - by 3.6 percentage points or from 5.6 to 2%; in Zhytomyr - by 2.5 percentage points or from 4 to 1.5%; in Cherkasy - by 1.1 percentage points or from 1.7 to 0.6% (Table 6). Srivastava - public financing instruments: loans, share capital, investment instruments that exclude risks

Polycarp
Kazlauskiene
Conclusions
Findings
Ustoichyvoe Razvytye
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