Financial Benefits Research Articles

Doing GOOD: defining a green operational outcomes domain for nitrogen use in New York corn silage production

CONTEXTEffective nitrogen (N) management is an essential aspect of productivity and sustainability of corn silage (Zea mays L.) production in New York (NY) dairy systems. Implementing end-of-season evaluations for N use can help farms identify opportunities to refine N management over time, and support field experimentation through the NY adaptive N management process. OBJECTIVESThe objectives of this study were to (1) define operational or feasible outcome values for end-of-season field N use efficiency (NUE) indicators in NY corn silage production, (2) characterize NUE indicators across a dataset of field observations, and (3) delineate complementary graphical tools and numerical indicators to identify opportunities for N management refinement over time. METHODSData were collected for 994 corn silage field*year observations (10,048ha) across eight NY dairies. For each observation, N balances (N supply - N removal) and N removal/N supply were calculated based on land-grant university (LGU) guidelines and farm management data. A green operational outcomes domain (GOOD) was defined, and a series of complementary graphical tools and numerical indicators were created to identify opportunities for N management refinement over time. RESULTS AND CONCLUSIONSFeasible outcome values for NUE indicators in the GOOD framework were established at a 50% minimum N removal/N supply and a 159kgN ha-1 maximum tolerable available N balance. Feasible values were in partial agreement with previous literature, did not constrain P-based manure applications, and identified fields with large N balances and low efficiencies in the context of adaptive N management. Considerable farm-to-farm differences existed, with 66% of field*year observations meeting the GOOD feasible values and 34% displaying opportunities for refinement. The strategies with largest potential for enhancing N management included reducing N inputs and evaluating non-N yield barriers (e.g. drainage, pests) for fields with low yields and high balances, increasing manure N utilization efficiency (with spring injection or incorporation), and crediting N contributions from sod. SIGNIFICANCEThe current work proposes a practical end-of-season evaluation framework for N management in corn silage that is easy to scale across NY dairies to facilitate implementation of the NY adaptive N management process. The framework also allows farmers to assess current practices and identify opportunities for management refinement over time. Enhancing NUE in corn silage should result in financial benefits for farms and reduced N losses to prevent water quality impairment and/or direct or indirect nitrous oxide emissions that contribute to global warming.

The Geopolitical Implications of the TAPI Pipeline for Regional Stability in Afghanistan

This paper analyzes the geopolitical and economic significance of the TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline and its implications for Afghanistan’s economic development and regional stability. The study focuses on how the TAPI project offers Afghanistan significant financial benefits, including transit fees, energy independence, job creation, and infrastructure development. It also explores the strategic importance of Afghanistan as a key transit country and the geopolitical challenges posed by regional rivalries, particularly between India and Pakistan. The role of global powers such as the United States, Russia, and China in shaping the pipeline’s success is critically assessed. The study adopts a mixed-methods approach to comprehensively analyze the geopolitical and economic implications of the TAPI pipeline for Afghanistan’s regional stability. Qualitative methods include document analysis, reviewing government reports, policy briefs, and academic literature concerning the TAPI project. Quantitative data on transit fees, job creation, and projected gas revenues are gathered from governmental and organizational sources such as the Asian Development Bank and the Afghan Ministry of Mines. Case studies of similar pipeline projects (e.g., Baku-Tbilisi-Ceyhan and Nord Stream) are used for comparative analysis. This mixed-methods approach provides a holistic understanding of TAPI's potential for fostering stability or exacerbating regional tensions.

Environmentally friendly recycling of energy storage functional materials from hazardous waste lithium-containing aluminum electrolytes

Low energy consumption and environmentally friendly extraction of high value-added elements from waste aluminum electrolytes are crucial for developing potential mineral resources and reducing environmental hazards. This study aims to propose a new method for resource utilization of retired aluminum electrolytes by combining NH4Cl with CaO-assisted low-temperature calcination. The leaching rates of Li and Na exceed 94.67 % and 98.12 %, respectively. The optimal conditions for roasting transformation were determined to be NH4Cl/CaO: 2, CaO/LWE@Al: 2, T: 550 ℃, t: 1 h. In the leaching stage, liquid–solid ratio: 5, T: 45 ℃, t: 1.0 h were proved to be the most suitable experimental condition. An evaluation was conducted on the economic benefits and creativity of the process. Finally, the regenerated LiCoO2 prepared from recycled Li2CO3 has been proven to have better electrochemical performance than commercial LiCoO2, demonstrating the feasibility of energy storage use. The economic accounting results indicate that this novel process demonstrates significant financial and environmental benefits through high-value lithium recovery. Compared with traditional concentrated acid roasting, this low-temperature roasting method has lower energy consumption, higher element conversion rate, lower corrosiveness, and lower operational difficulty (without the involvement of strong acids/bases). Therefore, this process has been proven to be a green, environmentally friendly, low energy consumption, and high value-added method for comprehensive utilization of waste electrolytes.

A Diagnostic Approach to Improving the Energy Efficiency of Production Processes—2E-DAmIcS Methodology

This article presents the issue of energy waste in manufacturing processes, focusing on reducing unnecessary energy consumption and CO2 emissions. A significant challenge in modern production is identifying and minimizing energy waste, which not only increases operational costs but also contributes to environmental degradation. An improvement methodology referred to as 2E-DAmIcS is proposed. A distinguishing feature of the methodology is a risk map of energy waste in the production process. Application of the methodology is demonstrated using the example of a lead–acid battery production process. It is shown that even small but well-diagnosed changes to the process make it possible to significantly reduce energy consumption. The proposed methodology offers practical tools for managers and decision-makers in various industries to systematically identify and minimize energy waste. It highlights the importance of cross-disciplinary collaboration among specialists in technology, energy consumption, and statistical analysis to optimize energy use. By applying this approach, companies can achieve both financial savings and environmental benefits, contributing to more sustainable production practices.

Financial Impact of Adopting Circular Economy Practices in Waste Management at a University Hospital in Curitiba

Objective: To investigate the financial impact of CE practices on HCW management at CHC-UFPR, from 2017 to 2022. Theoretical Framework: Concepts and theories on CE and MSW, sustainable practices in the hospital area are addressed, in order to allow an understanding of the financial, environmental and social implications of these practices in the management of MSW. Method: A descriptive case study with a qualitative and quantitative approach. Secondary data from the PGRSS, from 2017 to 2022, versions 2018 and 2022. Survey of the quantification of RSS generated, cost, and the annual recycling rate. Results and Discussion: From 2017 to 2022, the generation of HSW at CHC-UFPR increased from 570,074.69 kg to 731,627.51 kg, influenced by the COVID-19 pandemic. Group D, managed at approximately R$0.78 per kilo in 2022, would have seen its costs increase by 21.65% without the segregation of recyclables. Recycling grew from 62.16 tons (2017) to 87.32 tons (2022), maintaining a recycling rate above 10%, reaching 17.20% in 2019. In 2021, the total cost of waste management was the highest, reflecting the increase in waste during the pandemic. Research Implications: Contributes to the understanding of the financial and environmental benefits of adopting sustainable practices in the management of HSW in the hospital environment. Originality/Value:The study can contribute to sustainability practices, especially recycling, in the hospital environment.

Exploring the Effects of Integrated Corporate Social Responsibility on the Financial Performance of Project-Oriented Organisations

This article embarks on an in-depth exploration of how corporate social responsibility (hereafter: CSR) shapes the financial performance (hereafter: FP) of Project-Oriented Organizations (hereafter: POOs) within Morocco's dynamic construction sector. By adopting a diligent quantitative research method, this research meticulously examined a diverse sample of 250 organizations through advanced correlation and multivariate linear regression techniques. The results illuminate a compelling and noteworthy favourable relationship between CSR initiatives and the FP, indicating that ethical business practices profoundly enhance economic outcomes. By focusing on the distinctive Moroccan landscape, the article sheds light on the remarkable challenges and opportunities faced by POOs, showing an understanding of the financial benefits of CSR. Acknowledging its limitations, the study suggests avenues for future research and perspectives founded on HSDG wisdom. It advocates the HESG framework by integrating a human-centric approach to encourage healthy, equitable and sustainable societal evolution. The study provides actionable recommendations for policymakers, business leaders, and scholars aiming at promoting sustainable economic growth and long-term societal well-being.

Assessment of Welfare Packages in Secondary Schools: An Implication on Educational Managers

This research examines the welfare packages implemented in secondary schools and their implications for educational managers. Key welfare components include financial benefits, health services, professional development opportunities, and work-life balance initiatives. These packages enhance the well-being of teachers and students, improve retention rates, motivation, and productivity, and emphasize the role of educational managers in effective implementation and management. The study also addresses challenges faced by managers in integrating comprehensive welfare strategies, such as budget constraints, policy limitations, and varying stakeholder expectations. The findings suggest that a well-structured welfare package can lead to a more engaged and effective teaching workforce, ultimately improving student outcomes. This research provides valuable insights for educational managers seeking to foster a supportive learning environment and advocates for a holistic approach to educational management that prioritizes the welfare of both educators and students. The study serves as a foundational reference for educational stakeholders interested in understanding the interplay between welfare packages and educational management, urging a shift towards a more welfare-oriented approach in secondary education settings.

The impact of sustainable development on the relevance of accounting information and financial activities: Evidence from Thailand.

This study investigates the impact of sustainable development on the relevance of accounting information and financial activities of companies listed on the Stock Exchange of Thailand (SET). The results reveal that earnings per share and book value per share have a positive effect on market value, implying that higher earnings signal strong financial performance, thereby attracting more investor interest. Short-term and long-term debt financing have a negative effect on market value, suggesting that debt financing leads to increased financial risk. Current asset and fixed asset investments have a positive effect on market value by signaling confidence in operational performance. Dividend payouts have a positive effect on market value, demonstrating a commitment to returning value to investors, resulting in a stronger firm reputation and investor perception. However, firms that adhere to sustainable development guidelines face more complex dynamics. The results show that both earnings per share and book value per share have a negative effect on market value, suggesting that while they report high earnings per share and book value per share, these financial metrics cannot alleviate investor skepticism regarding sustainability as a cost of the firm. Short-term debt financing has a positive effect on market value because it provides a flexible and efficient way to fund sustainable investments without diluting equity or incurring long-term debt obligations, while the implications of long-term debt financing and current asset investments are insignificant. Furthermore, the significant positive effect of fixed asset investment underscores the potential long-term benefits of sustainability, despite high initial costs. Lastly, the non-significant negative impact of dividend payouts on market value suggests that the overall effect may also depend on various factors. These results support the idea of efficient market theory, which posits that investors may have negative reactions to what they perceive as financial burdens, diminishing the importance of positive financial metrics and altering market value. This study recommends that policymakers should carefully design regulations and incentives to support sustainable investments. Such approaches may include establishing specific funds, tax incentives, subsidies, and soft loans. Additionally, policymakers need to promote transparency and consistent reporting on the long-term financial benefits of sustainability, which can help reduce investor skepticism and foster a more positive market response. Finally, firms should clearly communicate their long-term sustainability efforts and benefits to investors and various stakeholders, leading to a positive interpretation of the firm's commitment to sustainable development.

Do green certifications add value? Feedback from high-level stakeholders in the Spanish office market

The transition towards a decarbonized European economy by 2050 provides numerous opportunities for companies in the real estate sector to integrate sustainable actions into their assets. In the office industry, green certifications are designed to disclose how sustainable a building is and to enable comparison among peers. This paper uses semi-structured interviews with experts in real estate and sustainability to offer qualitative insights into the decision-making process behind the voluntary certification of office buildings with green certifications such as Leadership in Energy and Environmental Design -LEED- or Building Research Establishment Environmental Assessment Method -BREEAM-. It may shed light on emerging trends in the sustainable real estate market. The findings, separated into economic, social and technical dimensions, show deep, widespread implementation of green certifications in sustainability-sensitive demand and supply. They function as a discard or brown discount vector, rather than as a green premium. Expert commentary on how certifications influence asset values has been cautious, due to insufficient data. Furthermore, the benefits of green financing are disputed. Other vectors, such as carbon footprint and European taxonomy alignment, have gained relevance in investment and operational processes.

Managing the road safety risks of last mile deliveries with telematics: Views among drivers and managers in the UK

BackgroundParcel delivery drivers work under significant time pressures and admit to violating speed limits to get the job done. Telematics presents a promising avenue for mitigating these risks, yet its road safety impacts in the home delivery sector remains underexplored. This research explored the use of telematics to monitor speeding among home delivery drivers. MethodsIn-depth interviews were conducted with 20 fleet managers who used telematics and 39 delivery drivers, half using telematics. Template analysis was used to codify the data and verbatim quotes were used to illustrate themes. ResultsManagers emphasised the financial benefits derived from telematics, with safety considerations being secondary. Technology difficulties were also highlighted. Drivers who used telematics, still faced pressure to take risks to meet schedules, but believed telematics helped prevent speeding. Non-telematics users viewed telematics with scepticism. ConclusionsManagers and drivers using telematics considered them a useful tool in managing road safety. Recommendations include making telematics easier to use, sharing data with drivers and using it to praise and reward safe driving. It is argued that work related road safety needs to be monitored nationally via in depth analysis of fatal and serious incidents involving delivery drivers.

Sustainable urban mobility transitions through working from home (WFH)

This paper reports research aimed at understanding how working-from-home (WFH) can assist in a transition towards more sustainable urban mobility through travel reduction. A case study of Greater Perth, Western Australia reports empirical research conducted between 2021 and 2022 during the COVID-19 pandemic. Data is drawn from interviews with employers, a three-wave survey of employees, and transport and travel trends. Drawing on the data, the economic impact of this urban mobility transition is also estimated for a range of scenarios using transport modelling. The findings confirm a significant shift in the proportion of workers WFH for at least part of the week compared to pre-pandemic levels, a substantial reduction in commuting traffic with subsequent financial benefits, and a substantial improvement in life satisfaction provided by higher flexibility. These factors suggest that WFH can improve the liveability of cities and that transport policy should include strategies to encourage WFH to reduce travel demand.

Product Flow Efficiency and Financial Benefit in the Commercial Soybean Value Chain System in Ghana

Product Flow Efficiency and Financial Benefit in the Commercial Soybean Value Chain System in Ghana

Technological advancement and inclusive finance: Dual influences on environmental quality in OECD countries

Employing the Method of Moments Quantile Regression alongside fixed effects (FE) for robustness and incorporating an interaction term between technological advancement (TA) and financial inclusion (FIN), the results reveal that while TA enhances environmental quality, the FIN∗TA weakens this positive effect across quantiles. GDP and TO consistently show negative impacts on LCF. EP, however, emerges as a significant positive factor, particularly in more advanced economies. Incorporating the log(FIN2) demonstrates that financial inclusion's environmental benefits intensify in higher quantiles. Findings emphasize the importance of sustainable technological innovation, strategically integrating financial inclusion, regulating trade and economic activities, and enhancing energy productivity to achieve environmental sustainability.

'The Letter Says I May or May Not Be Eligible… It Is a Big Doubt and Frustrating:' A Qualitative Study on Barriers and Facilitators to Children's Oral Healthcare From the Perspective of Karen Refugee Parents in Victoria.

Australia has a longstanding tradition of resettling refugees and individuals in humanitarian need. Among these, the Karen community from Southeast Asia is rapidly growing in Australia. The absence of data on the barriers they face in accessing dental services is concerning. This study explores the barriers and facilitators Karen refugees encounter when seeking oral healthcare for their children in Australia, aiming to understand their experiences. Using a qualitative research design with a phenomenological approach, we conducted semi-structured interviews with 23 parents (17 females and 6 males) who had been in Australia for 1-17 years. Each interview, lasting between 35 and 60 min, was audio-recorded and transcribed verbatim. The transcripts were thematically analysed through an inductive, data-driven approach, focusing on open coding and participant-based meanings. Nine main themes were identified. At the individual level, cultural practices, parental behaviours and perceptions were the primary barriers. At the organisational level, long waiting lists in the public dental system were significant barriers. Additionally, a lack of knowledge about financial benefits and government support for children's dental care deterred refugees from seeking dental services. The results also highlighted the strengths of support networks, free dental care for children and school-based dental care programmes. Parents reported experiences of inadequate oral healthcare, citing issues such as insufficient cultural sensitivity training among dental service providers, interpreter problems and shortages. These experiences revealed gaps in the provision of oral healthcare services. When designing tailored oral health promotion programs, all stakeholders must consider the lived experiences of refugees as valuable sources of information. The authors thank the parents and carers from the Karen refugee community for sharing their experiences with the oral healthcare of their children. Recruitment was facilitated by the Karen Organisation of Bendigo and Bendigo Community Health Services. An interpreter from the Karen refugee community assisted in all the interviews.

The Macroeconomic Implications of Automation and AI on Labor Markets and Employment

Artificial intelligence (AI) and automation are developing at an astounding rate, changing labor markets with significant macroeconomic ramifications. This study investigates the macroeconomic effects of automation and artificial intelligence (AI) on labor markets and employment, with a particular emphasis on pay inequalities, employment patterns across industries, job displacement, and shifts in skill demand. AI and automation are changing labor markets, creating new possibilities in tech-driven, high-skilled positions like digital security, data analysis, and AI engineering, but also displacing regular, manual work. Through econometric modeling and industry-specific analysis, this study finds strong relationships between automation levels and changes in employment measures, demonstrating how the advantages of automation are not uniformly dispersed and frequently exacerbate already-existing economic disparities. In order to address these tendencies, the analysis recommends legislative actions that promote fair access to education and training, allowing employees to adjust to the rapidly changing technological environment and guaranteeing that the financial benefits of automation are distributed widely throughout the workforce. These revelations offer a thorough grasp of how automation will influence job markets in the future.

Environmental Impact and Sustainability Associated with the Practice of Dermatology

Purpose: The environmental impact of the practice of medicine including dermatology can be significant, driven by a growing and aging population that increasingly demands medical resources. This review explores the environmental effects of the practice of dermatology and identifies actionable solutions to reduce negative environmental impacts. Methods: A PubMed search was conducted using the terms (“environmental impact” OR “sustainability”) AND “dermatology.” Results were screened to include English-only articles between 2018 - 2024 and excluded duplicates. Further exploration of dermatology’s environmental effects was enhanced through citation tracking and additional PubMed searches. Results: A total of 25 articles were included based on relevance and search terms and an additional 21 were added. Results were categorized into six categories for data representation. Patient travel was the largest contributor to negatively impact the environment, followed by waste management practices, journal publication and written patient material, and traveling to medical conferences. The environmental impact of pharmaceuticals, including topicals, is also notable. Potential sustainable alternatives include teledermatology, more appropriate waste production and segregation, and electronic versus printed formats and more virtual conferences. Additionally, dermatologic disease evolves in response to a changing environment, with new data indicating epidemiological shifts due to climate change. More sustainable practices within dermatology also have the potential to cut total overhead expenses. Conclusions: Clinical and surgical subspecialties, specifically dermatology, can contribute significantly to environmental pollution, leading to environmental and financial impacts, but implementing simple, documented methods can reduce their ecological footprint and provide potential financial benefits.

Protection of child influencers: international experience and ways of regulation in Ukraine

In today’s world, children are becoming more and more influential by actively creating content on social media. This trend is growing rapidly, as young influencers can reach millions and influence the behavior of their audience. While this can lead to significant financial benefits for both children and their families, it also raises serious concerns about their legal protection and overall health - both physical and mental. Given the widespread use of social media, careful consideration of this situation is needed, as those who influence children are often exposed to environments that may be detrimental to their well- being. In view of these challenges, there is an urgent need to develop and implement effective legislation that guarantees the protection of children’s rights, ensures proper working conditions and protects them from various forms of exploitation. This article addresses the important issue of regulating the influence on children, which is becoming increasingly relevant as the influence of social media expands. Young influencers on the Internet face numerous risks, including exploitation, manipulation by parents or companies, as well as the pressure of overwork and psychological stress due to a demanding schedule. The article offers a comparative analysis of legislative measures taken by France and the United States that have begun to address these issues. The key aspects of legal protection for children involved in the creation of commercial content are explored, such as limiting working hours, ensuring access to education, providing psychological support, and promoting financial transparency. The study aims to emphasize the need to create an international framework for the regulation of child labor in the digital sphere and to offer recommendations for improving both national and international legislation. The article proposes to create specialized institutions to monitor compliance with legislation that protects children’s rights to leisure, education and personal development.

Use of tax benefits to optimize taxation

Based on the analysis of current legislation, available scientific, journalistic and methodological sources, the article reveals the specifics of using tax benefits with a view to optimizing taxation. It is established that among the legal methods of tax optimization, the key ones are as follows: selection of the most optimal taxation system for doing business, which should be carefully analyzed taking into account the specifics of the business entity’s activities, its scale and structure; building a business model with integration of individual entrepreneurs under the simplified taxation system into the organizational process of a business entity - a legal entity; use of tax benefits provided for in the legislation by a business entity. The benefits may include both full exemption from certain taxes and reduction of tax rates, which contributes to a significant reduction in the tax burden of the business entity. Among the most effective schemes of tax optimization through privileges are the following: 1. Employment of persons with disabilities in order to use benefits. The scheme involves reducing the tax burden and obtaining financial benefits from the employment of persons with disabilities. It can be implemented in two ways, simple and complex. At the same time, the essence of both options is that the taxpayer receives a number of benefits provided by tax and labor legislation aimed at stimulating the employment of people with disabilities and at the same time reducing the tax burden on employers; 2. Use of the simplified taxation system. There are two ways to take advantage of the simplified taxation system to optimize taxation: simple and complex. In the simple version, an existing business entity, trying to optimize taxation, decides to switch to the simplified taxation system. In essence, the transition of a business entity to the simplified taxation system is itself a tax optimization, as it gives micro and small businesses the opportunity to use more lenient tax conditions compared to the general taxation system. As for the complicated option, it is much more attractive in terms of optimization results, but at the same time it is associated, in some cases, with certain risks. The essence of the scheme is to take advantage of the system by “splitting the business” into several individual entrepreneurs - single tax payers of the second group. However, the central control over the business is retained in the hands of a single managing entity - a legal entity, most often a legal entity - a single tax payer of the third group.

An Analysis of Potential for Reducing Operational Costs Through The Use of LED Lighting in Indonesian Hotel

Indonesia has significant tourism potential, which drives the growth of the hospitality industry and increasing energy needs. Large energy consumption in hotels, especially in lighting systems, leads to high operational costs and carbon emissions. This study aims to analyze the potential for reducing operational costs through the use of LED lighting at the Bumi Sawunggaling Hotel, Bandung. The methods used include field observation and energy consumption measurement using a Power Quality Analyzer (PQA) for one week, with data taken every 30 minutes. The results of the study show that the hotel's electrical energy consumption reaches 923.45 kWh per week at a cost of IDR 1,334,166. By replacing conventional lighting with LED, hotels can reduce energy consumption by up to 80%, which translates to operational cost savings of 30% or more. The conclusion of this study emphasizes that the application of LED technology not only provides financial benefits but also supports environmental sustainability. The implication of this study is the importance of adopting energy-saving technologies such as LEDs in the hospitality sector as a strategic step to reduce costs and carbon emissions and improve the hotel's reputation as an eco-friendly business, besides that it is very important for Hotel Bumi Sawunggaling to replace its conventional lighting with LED lights to achieve higher energy efficiency. LED lights are known for their superior energy efficiency compared to traditional incandescent lamps or CFL (Compact Fluorescent Lamp) lamps.

ROLE OF BIOFUELS IN TRANSPORT SECTOR DECARBONIZATION

The purpose of the work is to develop recommendations for the development of production and consumption of bioethanol and diesel biofuel in Ukraine as a component of the general process of the transport sector decarbonization. The production of motor biofuels in the world has been growing during the last decades. Today, the volume of global production of biodiesel and bioethanol is about 190 billion liters per year, which is ten times more than in 2000. In addition to motor biofuels for road and waterborne transport, there is also in the world the production of biofuels for the aviation sector – sustainable aviation fuels. Today, the volume of their production is relatively small, but the growth dynamics is quite good. The opportunities for using alternative fuels with low or zero carbon content in marine transport are investigated. Since the end of 2019, the EU has been implementing the European Green Deal, the goal of which is to achieve zero net emissions of greenhouse gases by 2050. One of the important prerequisites for this is the fulfillment of the target set for transport, namely to reduce greenhouse gas emissions by 90% by 2050. The climate policy of Ukraine is aimed at systematic reducing greenhouse gas emissions, transitioning to low-carbon development, and increasing the share of energy produced from renewable and low-carbon sources in the structure of the total final energy consumption. The development of renewable energy sources, including biofuels consumption growth in transport, is one of the means of achieving the country's strategic climate and energy goals. Ukraine has a considerable potential for the production of motor biofuels of the first and second generations, which is sufficient to meet its own needs and also be exported. An urgent task for the country is the practical development of the production of motor biofuels. This includes increasing the production of bioethanol and resuming the production of diesel biofuel. It is recommended that a strategy for the production of advanced biofuels in Ukraine should be elaborated, which will include intensive research and development activity. At the first stages of its implementation, this sector may require certain financial benefits or government subsidies.