Abstract
The article provides a comprehensive analysis of the financing actions of ecological and economic development in Ukraine with the identification of the main disadvantages and perspective ways of improvement. The differences between financing environmental protection measures and actions of ecological and economic development are found out. Environmental measures grately involve expenditure of a forced, restrictive nature. Instead, financing actions of environmental and economic development aims at stimulating environmental investment and innovation, which in the long term, usually long–term, can provide them with profits and competitive advantages. The dynamics, directions of expenses on protection and rational use of natural resources in Ukraine are analyzed in the focus of the ratio of current expenditures and capital investments. It was revealed that the main part of expenses was spent on the treatment of reverse water and waste management, on radiation safety, air protection and climate change. A very low share in the structure of the expenses for protection and the rational use of natural resources for the financing of scientific research works of the directions of environmental protection was revealed. The analysis of the dynamics of expenditures on protection and rational use of natural resources for the period of 2006–2016 showed an increase of 3.7 times in terms of current expenditures and a 6.1 times increase in the volume of capital investments in environmental protection. The analysis of the structural trend in the ratio of current costs and capital investments confirmed the reduction of the former, but still prevail over capital investment. The volume of investments in capital reinnovation of the main means of environmental protection was investigated, which showed a reduction of the share of investments at the expense of own funds of enterprises, organizations and institutions. The branch structure of expenditures on protection and rational use of natural resources in Ukraine with a special attention to resource–intensive types of economic activity is disclosed. Excessive differentiation of the capital investments share in the context of various spheres of management was identified. The possibility of financial resources mobilizing due to the targeted support of those areas that are less monopolized, more flexible and innovative and characterized by a positive tendency of capital investment growth for protection and rational use of natural resources is substantiated.
Highlights
A comprehensive analysis of Ukraine's ecological and economic development requires consideration of funding indicators for the respective measures
The low level of spending on the protection and rational use of natural resources in the field of coal and lignite mining is a vivid example, as the types of economic activity of Ukraine, which are controlled by large business–oligarchic groups, are oriented towards private interests
The analysis made suggests that for every sphere of nature use there are many problems regarding the effectiveness of the use of financial resources
Summary
A comprehensive analysis of Ukraine's ecological and economic development requires consideration of funding indicators for the respective measures. The urgency of the chosen topic of the study is necessitated by the need of a constant monitoring of the situation in the sphere of financing measures, usually of enviromental protection nature, with the justification of their importance in the context of stimulating the country's ecological and economic development. – to find out the differences between the financing of environmental protection and ecological and economic development measures;. With a constant shortage of budgets of different levels, such "forcedness" institutionalizes the perception of these activities as an additional burden It formalizes the financing process itself, demotivates business entities and government structures to form an effective system of resource support for environmental and economic development. Let us consider the situation regarding the amount of financing of various measures of ecological and economic development in Ukraine, including the environmental protection nature in more detail. The cost of cleaning back water is at least partially compelled
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
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 call
