Abstract

This paper concerns the necessity of ecosystem protection and energy efficiency rating development. The article analyzes the experience of the non-commercial Environmental and Energy Rating Agency (Interfax-ERA) ratings concerning the environmental assessment of Russian regions and the transfer of successful knowledge for evaluating 31 Chinese provinces. The theoretical base, quantitative and qualitative characteristics of the energy-resource efficiency (ERE) rating, technological efficiency (TE), and ecosystem impact (EI) ratings are proposed based on the system methodology, developed within the framework of the UN Sustainable Development Goals (SDGs). The primary study objective is to determine whether the Interfax-ERA rating methodology and considered criteria could be applied in China to assess the provinces’ environmental, technological, and energy efficiency. The research highlights the importance of multifunctional tools for developing experiences and sharing methodological experiences across countries. The study efficiently emphasizes provinces with a high level of energy efficiency and technological innovations as well as the provinces with the deficient level of eco-oriented economy policy. The results show two types of systematic deviations—significantly high-level impact on the ecosystem in the Chinese provinces and considerably high levels of energy and resource efficiency in capitals and business centers.

Highlights

  • Achieving the global Sustainable Development Goals (SDGs) requires serious work concerning the environmental protection of regions and companies, development of technology assessment, and increasing energy efficiency [1,2,3]

  • To evaluate the Chinese provinces’ energy-resource, technological, and ecosystem impact, the authors analyzed the intensity of impacts and justify amendments or culls

  • The paper has come to some essential conclusions: (1) There are two types of systematic deviations—significantly low level of ecosystem efficiency in the Chinese provinces and substantially high energy and resource efficiency in capitals and business centers

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Summary

Introduction

Achieving the global Sustainable Development Goals (SDGs) requires serious work concerning the environmental protection of regions and companies, development of technology assessment, and increasing energy efficiency [1,2,3]. Energy, and environmental aspects play a vital role nowadays [4]. The formation of countries’ governments without corruption in ecological protection needs the enhancement of the voluntary market mechanisms based on international ecological responsibility standards, where the ratings included the sustainable indicators concerning green investment attractiveness or energy efficiency rating impact [5]. The Global Reporting Initiative (GRI), Dow Jones Sustainability Index (DJSI), or International Association of Oil and Gas Producers (IOGB) frameworks have become an essential milestone in the creation of global sustainability rankings [6].

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