Abstract
The fossil fuel sectors and export of its products occupy a leading position in the economy of many countries and directly affect the sustainability of national economies. Therefore, in the long term an adequate vision of the development of these sectors is of great importance in forecasting and planning the strategic development of these countries. The wide use of coal fuel in the world energy consumption will remain for quite a long time; however, the environmental problems associated with its production are a serious factor hindering the possibility of a transition to the sustainable development of coal-producing regions. There is an obvious need for a balanced approach in developing greater industrial potential while protecting the environment. The world is slowly moving away from coal as other forms of energy have become cheaper and environmental concerns mount. The authors analyzed the world and domestic experience in the initiation, promotion and implementation of projects that contribute to the sustainable development of the leading mining regions of the world. The ability of the authorities to clearly define strategic priorities, improve the business climate, effectively distribute and improve the quality of regional resources and infrastructure creates the prerequisites for enhancing the sustainable competitive advantages of a region, business, and public welfare.
Highlights
The concept of sustainable development is becoming increasingly important in connection with the entry of the world economy on the path of systemic transformation
Russian business is actively involved in shaping new approaches to the mission, role and objectives of the business and its partnerships in the context of sustainable development by updating business strategies including the social and environmental dimension of profits, revising the fundamentals of corporate management and expanding the scope of business responsibility, implementing effective practices in the field of corporate environmental and social responsibility, system philanthropy, corporate volunteering
According to the BP Statistical Review of World Energy (June 2018), China remains the leader in coal production, accounting for 45.6% of global coal production, India is second with 9.3%, and the United States is 9.1% coal mined in the world, the fourth in the list is Australia with a share of 6.2%, Russia is located in sixth place with a figure of 5.3%
Summary
The concept of sustainable development is becoming increasingly important in connection with the entry of the world economy on the path of systemic transformation. The Sustainable Development Goals (SDGs) up to 2030 adopted at the UN Summit in September, 2015, and officially entered into force on January 1, 2016. The SDGs do not have a legally binding force, in Russia and the world a national strategy is beginning to take shape combining goals for achieving economic efficiency, social justice and environmental security. Russian business is actively involved in shaping new approaches to the mission, role and objectives of the business and its partnerships in the context of sustainable development by updating business strategies including the social and environmental dimension of profits, revising the fundamentals of corporate management and expanding the scope of business responsibility, implementing effective practices in the field of corporate environmental and social responsibility, system philanthropy, corporate volunteering. Regional policies should be aimed at achieving these goals, rely on national analysis and facilitate follow-up at the global level
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