ISSUES OF MANAGING THE DEVELOPMENT OF ECO-INNOVATION SYSTEMS IN THE DIGITAL ECONOMY

Abstract

The environmental impact of human development is significant and irreversible. The rise in global population, outcomes of industrialization, and the consumer nature of society sometimes lead to unpredictable consequences caused by the ecosystem for humanity in the form of various environmental disasters. Given these trends, ensuring the balance between socio-economic development and the degree of negative impact on the ecosystem using digital economy technologies is the primary objective of these days. Economies should ensure economic development through the introduction of digitally developed eco-innovations in various spheres of human activity. Such conditions require investment in the development of eco-friendly digital technologies at different levels of economic systems (nano-, micro-, meso-, macro-, meta-, and global levels) and shaping the appropriate investment and innovation policies of states. Moreover, in the third millennium, the civilized world experiences military aggression conducted with the use of new types of weapons. This will have an inevitable impact on the ecosystem and will require investments in the development of the latest technologies, mainly based on digital technologies, to mitigate the negative environmental consequences of the war and prevent a global food crisis. The issue of investment in the development of alternative energy remains relevant in light of reducing the dependence on imports of fuel and energy resources and decreasing their consumption. Studies show that the cost of eliminating the environmental impact of using unfriendly technologies is 30-35 times higher than the cost of developing an eco-friendly technology [1]. Adopted in 2015, the 2030 Agenda for Sustainable Development laid the foundation for the promotion of green business in both economically advanced and developing countries. This program also drew the world leaders’ attention to the need for environmental protection, rational use of natural resources, water and soil purification, introduction of energy-saving technologies, and active search for alternative energy sources. [2].