Grant Financing Research Articles

Байланған мультикоптердің эскиздік моделін зерттеу

The components of the multicopter were analyzed, and its drawing was created in the AutoCAD program, after which an experimental sample was developed. One of the design features of multicopters is the ability to fold them. There are several models that are convenient to fold for transportation and easy to prepare for use. Despite the advantages such as high maneuverability and the ability to hover in place, multicopters also have some disadvantages: limited flight time, low speed and lightness compared to fixed wings. To extend the time in the air, the multicopter can be connected by cable to a power source on the ground. An inverter with a battery in the multicopter component provides autonomy in the event of a cable break, allowing it to be temporarily held in the air. These studies were carried out on the topic of grant financing AR19679602 «Development of a tethered unified dual-purpose multicopter platform with an inverter with increased frequency switching and a high voltage conversion coefficient».

МЕЖДУНАРОДНАЯ ПРАКТИКА В ОБЛАСТИ ИНТЕЛЛЕКТУАЛЬНОЙ МИГРАЦИИ: АНАЛИЗ ОПЫТА ВЕЛИКОБРИТАНИИ

This article analyzes international practice in the field of intellectual migration using the example of Great Britain, a country with a developed educational system and an attractive labor market for migrants. The study uses the case study method and analyzes regulatory documents. The features of the UK's immigration policy, its impact on the socio-economic development and cultural diversity of the country were studied, and recommendations were proposed to strengthen its effectiveness and adaptation to modern challenges. The results of the study emphasize the importance of an integrated approach to managing migration flows and the need to create conditions for successful integration of intellectual migrants, which will contribute to sustainable development and prosperity in the era of globalization. The scientific research was carried out within the framework of a state order for the implementation of a scientific and (or) scientific and technical project under budget program 217 «Development of Science», subprogram 102 «Grant financing of scientific research», under the priority «Research in the field of social and human sciences» and on the topic: IRN AP13067766 «Transformation of policy in the field of educational migration: development of strategies for using the intellectual potential of Kazakhstanis living abroad». Keywords: intellectual migration, educational migration, immigration policy, immigration, Great Britain.

Financial uncertainty of a startup

This article discusses the transformation of the system of attracting investments in startups. The process of finding an investor for a startup has had a difficult path of formation in recent years. An entrepreneur’s interest in different sources of investment is associated with determining their possibilities for implementing the chosen business idea. For various purposes, businesses need different types of investments: loans, credits, sale of shares or stocks. The search for an investor for a startup and their attraction is associated with specific requirements for an entrepreneur, which are practically not written about in the media and advertised. The article focuses on the types of finance involved in business. The issues of the difference between grant financing of a startup and the process of searching and attracting an investor are raised, since the requirements from the grantee fundamentally change the requirements for specialists who should be involved in the work and the requirements for maintaining the financial stability of an organisation. The authors also consider the professional platforms for investors that have developed in Russia and the forms of investment relations: in exchange for receiving a share of profits; in exchange for a share of the proceeds.

ORGANIZATIONAL PRINCIPLES OF EXTENSION OF GRANT AID FOR THE DEVELOPMENT OF RURAL AREAS

The article is devoted to developing and substantiating the critical elements of the mechanism for developing and submitting an application for grant funding for developing a rural community or an agrarian business entity. It is substantiated that there is a need to significantly expand the involvement of external funding sources for the formation and development of human capital in rural areas. It was determined that the reserve of such funding is to increase rural communities' access to grant programs of international organizations and partner countries. It was determined that in expanding grant aid for developing rural areas in Ukraine, especially in wartime conditions, it is essential to consider the main reasons for the grantors' refusal to provide financial support. The most relevant reasons include violation of requirements for the form and content of documents, lack of convincing justification of the social utility of the project and reasoned calculation, inconsistency between the purpose of the grant program and the goals of the project, incompatibility of the nature of the program and the application, violation of requirements regarding the target audience, bad reputation of the applicant, lack of of the detailed project budget, as well as the inconsistency of the formulation of project tasks with the basic methodological principles of construction (SMART analysis). An organizational mechanism for developing and applying for grant funding for developing a rural community or an agrarian business entity is proposed. This mechanism has methodological value because it focuses on the most critical stages of the process of development and submission of an application for grant financing of the project, determines the approximate circle of stakeholders of the grant process, emphasizes the conditions and factors that help to count on success in the grant competition. In contrast to the existing approaches, it highlights the phasing, as well as the list and content of measures during the development and submission of an application for the project's grant funding.

Программно-целевой подход как инструмент развития сельского хозяйства: становление, новации, опыт Волгоградской области

The article is devoted to the program-target approach in the development of agriculture. A significant contribution to the provision of the country’s food security and the solution of significant problems in the industry is determined by the “State Program for Development of Agriculture and Regulation of Agricultural Products, Raw Materials, and Food Markets” adopted in 2018, which is currently being implemented. The author paid attention to the development of some aspects of the program-target method of agriculture support in the context of studying the content of this program based on the application of an evolutionary approach. The article provides a brief overview of the changes in the program of time periods, the regularity of which not only proves the relevance and importance of this document for agriculture support but also contributes to the timely identification of problems and the planning of measures to solve them. The radical transformation of the instrument of state programs and modification of approaches to their development and implementation have been carried out since 2021 within the framework of the approved regulations by the Decree of the Government of the Russian Federation. There is a change in approaches to the goal-setting system of such programs in terms of strategic priorities’ clarification in the field of their implementation, as well as synchronization in accordance with the national goals of the country. The agriculture of the Volgograd region is included in the list of strategic priorities of the region, the development targets of which are prescribed in the subprograms of the state program that is being implemented in the country. The methods for achieving the mentioned targets are: taxation, concessional lending, insurance, mainly with government support, and grant financing. The main results of the development of agriculture in the context of the implementation of a program-oriented approach are analyzed.

Основные факторы и закономерности, влияющие на улучшение научно- исследовательской работы студентов в вузах Республики Казахстан

One of the priority tasks of our research is to improve the performance and level of research work of students (NIRS) of the Republic of Kazakhstan. The systematization of information using the processing of questionnaire results will make it possible to determine the degree of influence of certain factors on the effectiveness and efficiency of research work in universities. The article describes the generalized results obtained as a result of the survey of respondents working and studying in universities of the Republic of Kazakhstan. The main socio-economic and organizational factors of research work of students in universities of the Republic of Kazakhstan are considered. The authors emphasize that the preliminary stage of the study is described. The article is prepared within the framework of the grant financing agreement concluded with the Committee of Science of the Ministry of Science and Higher Education of the Republic of Kazakhstan (IRN project 19676691).

Regional food security management based on Data Driven Decision Making

The goal is to study the effectiveness of food security management in the country and regions based on the principles of Data Driven Decision Making (DDDM) for making justified and effective decisions. This research was carried out as part of implementation of the tasks of the project on grant financing of Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan on the topic AP14871923 “Management of regional food security in the context of global challenges based on the concept of Data Driven Decision Making.” Methods - the works of domestic and foreign economists concerning the problems of food supply in the context of globalization and integration of the country's economy were used as theoretical and methodological basis for the study. Scientific research methods: monographic, abstract, logical, systemic and complex analysis, statistical data processing, structural-functional approach. Results - the authors considered the possibility of using DDDM in agricultural sector. Conclusions - implementation of the results allows to obtain a multiplier effect associated with achieving sustainability of agro-industrial system of the country's regions through the implementation of DDDM principles in practical activities of central state and local authorities. It is substantiated that the use of the concept of decision-making based on Data Driven Decision Making contributes to objective assessment of economic and physical availability of food, food safety, when quality of raw materials and products meets established requirements and guarantees safe consumption. It is necessary to support domestic production and reduce imports. This policy is followed by many countries with high level of food self-sufficiency.

Major Trends in Today's Intelligent Robotics in Light of the Creation of Collaborative Artificial Intelligence

Robotics and advances in artificial intelligence are breakthrough innovations with considerable promise and the potential to radically change the economic and social aspects of society. Research on the development of robotics is still scarce. This article fills the gap by analyzing the creation and diffusion of robotics innovation and the role of intellectual property in this process. The robotics innovation ecosystem is based on cooperative networks of independent specialists, scientific organizations, and companies. The state plays a significant role in supporting the innovation activity in the considered sphere, first of all, through grant financing, placement of defense orders and implementation of national strategies of robotics development. Competitions and prizes are an important incentive for creating innovations. Patenting is used by companies to protect intellectual property from encroachment by third parties, to ensure freedom of action, to license technology, and to protect against prosecution. The industrial revolution has changed the very notion of means and means of production in the minds of the masses in such a way that the process of robotization and the introduction of artificial intelligence in different areas of life has become inevitable. The article presents an analysis of possible ways of disclosing the concept of "artificial intelligence" as a legal category and its correlation with the concept of "robot", considers the issues of legal responsibility for the performance of work by artificial intelligence, studies the possibility of recognizing the holder of artificial intelligence work as a subject of law.

Effectiveness of energy depletion, green growth, and technological cooperation grants on CO2 emissions in Pakistan's perspective

According to Nationally Determined Contribution (NDC), Pakistan proposed to set a very ambitious conditional objective of an overall 50 % reduction in anticipated emissions by 2030, with 15 % coming from domestic resources and 35 % contingent on international grant financing, which would entail USD 101 billion just for the energy transition. Due to this consideration, the current study examines the impact of energy depletion, green growth, technological cooperation grants, and labor force on CO2 emissions in Pakistan for 1990 to 2020. This research used the STIRPAT framework and novel dynamic ARDL techniques. Additionally, a robustness check is also carried out using Kernel-based regularized least squares (KRLS) and the Granger causality approach is utilized to establish cause-effect relationships. The findings indicate that energy depletion leads to environmental contamination in the long run. In contrast, Green growth is reducing environmental contaminations in the long run. Furthermore, we found that technological cooperation grants also decline environmental contamination in the short run. Likewise, the Labor force dwindles CO2 emissions in the long run. According to Granger causality, there is bidirectional causality between GG↔CO2, and TCG ↔CO2, while there is one-way causality between END→CO2 and CO → LF. The findings show that policymakers should emphasize on the transition to green growth with extensive investment in technological innovations, so the country can achieve its CO2 reduction targets.

Особенности осуществления научноисследовательской деятельности студентов в вузах Республики Казахстан

At present, the formation of a young scientist takes place in the conditions of intensive development of digitalization, prompt receipt of various information, dynamic changes in innovative technologies and opportunities for their use. The formation of predisposition to scientific research of university students begins to change, interest in scientific research and the performance of student science is falling. For this reason, a serious change in the situation is necessary, the implementation of systematization of the influence of socio-economic factors on the effectiveness of student science is required. Previous studies have shown that one of the important factors in attracting students to research work is the personality of the teacher, his scientific potential, scientific achievements and interest in research work. The main identified patterns of influence of socio-economic factors on the effectiveness of research activities in higher education institutions of the Republic of Kazakhstan are described. The authors emphasize the importance of the identified regularities for use in further research on the development of conceptual provisions for improving the research work of students. The article was prepared in the framework of grant financing agreement concluded with the Committee of Science of the Ministry of Science and Higher Education of the Republic of Kazakhstan (IRN project 19676691).

Traceability of meat products with incorporated functional ingredients

The demand for natural and functional food products is constantly increasing, driving the research on new ingredients and technologies to enhance the quality and safety of meat products. This literature review focuses on the application of new functional ingredients and traceability of meat products to ensure their quality. The study examines the surface treatment of meat with bioactive substances such as dihydroquercetin from Larix sibirica Ledeb, rosemary extract (Rosmarinus officinalis), and distilled rose petal extract (Rosa damescena Mill.). Additionally, the inclusion of functional ingredients such as dried goji berries (Lycium barbarum) and pumpkin (Cucurbita moschata) in meat matrices is discussed. The research highlights the potential benefits of these functional ingredients in inhibiting lipid oxidation, preserving color, and improving the taste qualities of meat products. The inclusion of natural antioxidants and bioactive compounds derived from plants presents a promising alternative to synthetic additives. Furthermore, the reduction of potentially harmful substances, such as nitrites, in meat products is achieved through the inclusion of functional ingredients. To ensure the quality and safety of these functionally processed meat products, a traceability system is proposed. This system includes documentation of ingredient origin, production processes, and packaging information. Implementing a traceability system enables the tracking of product movement and distribution throughout the supply chain, thereby confirming the positive effects of the ingredients and ensuring consumer trust. The aim of this article is to integrate new functional ingredients and implement a traceability system to enhance the quality, safety, and acceptability of meat products by consumers. These approaches align with the growing demand for natural and high-quality food products, opening opportunities for innovation in the meat industry. Funding information: The materials were prepared within the framework of the "Zhas Galym" project within the scientific and technical program AP15473123 "Digitalization of the traceability system of meat products to improve the quality of semi-smoked sausages during long-term storage" of the budget program 217 "Development of Science" subprogram 102 "Grant financing of scientific research" of the Ministry of Science and Higher Education of the Republic of Kazakhstan for 2022-2024.

Os Determinantes do Crédito Comercial Durante e Após a Crise Financeira Internacional de 2008

This work analyses the determinants of trade credit granted and received and the effect of the 2008 financial crisis on it. Using a sample of 96,417 Portuguese SMEs from the non-financial sector for the period 2010–2019, we found that trade credit plays an important role in firms' financing policies. Firms with better access to the credit market act as financial intermediaries and grant financing to firms that have difficulty accessing credit. Moreover, the use of trade credit seems to be a substitute for bank financing. We also found that firms use trade credit as a marketing tool to increase their sales. Finally, we found a slump in credit granted to customers after the 2008 financial crisis, which seems to mimic the contraction in aggregate bank credit.

THE ROLE OF THE FORMULA COMPONENT IN THE ORGANIZATION OF STYLE AND GENRE OF ZHYRAU POETRY XV-XVIII CENTURIES

In this study, for the first time, the role of formula units in the organization of the style and genre of Kazakh zhyrau oral poetry of the XV–XVIII centuries is explored. The main goal of the paper is to study the poetic technique and formulary of zhyrau oral poetry, to identify and describe their connection with ancient historical and genetic sources: suggestion, magic and rhythmic incantations, as well as a description of their direct function – the organization of the style and genre of oral poetry. Formula-style units were studied for the first time on the material of the heroic poetry of zhyrau of the XV–XVIII centuries. For the first time in scholastic research, the Parry-Lord method of oral theory is also used, which attaches the most basic importance to formulas and poetic technique in the organization of the text.The historical-genetic and structural-semantic methods of studying the text were used, which made it possible to identify the patterns of emergence, development and functioning of the zhyrau art of the XV–XVIII centuries as traditional, but dominant, the types and functions of formulas and formula formations. The practical value of the paper lies in the further development of this method on the material of other carriers of the oral poetic culture of the Kazakh people, in writing the monograph ―Poetic Word in Myth, Rite and Ritual‖, dedicated to the oral poetic culture of the Kazakh people and prepared for publication within the Project of the Ministry of Education and Science of the Republic of Kazakhstan ―The study of the artistic-defining system, "formal stylistics" and grammar of zhyrau poetry of the XV–XVIII centuries. Frequency Dictionary‖ (under the Program of Grant Financing of Scientific and Technical Projects for 2021–2023 by the Ministry of Science and Higher Education of the Republic of Kazakhstan), [ИРН AP09261377].

REPETITION IN THE ORAL TRADITION OF ZHYRAU: EXPRESSIVENESS AND FIGURATIVENESS OF THE ARTISTIC IMAGE

The article explores the formulaic nature of epic repetition in the oral tradition of the Kazakh Zhyrau XV–XVIII centuries. It manifests itself in its two main functions – expressive and pictorial. The main purpose of the article is to reveal the aesthetic and functional nature of epic repetition, to identify its features as a technical acceptance, and to trace its initial origins – rhythmed spells, suggestive magical realities, and its primary transformations. In the course of the research, we used historical-genetic, structural-semantic, hermeneutic methods and the method of the oral theory of Parry-Lord (oral tradition). The theoretical value of the methods used lies in the fact that they made it possible to reveal the genetic nature of epic repetition and the peculiarities of its functioning in traditional poetic art. The formulaic and stylistic patterns of various types of sound repetition – anaphora, verbal rhyme, monorym, rediff, etc. – were studied for the first time on the material of the individual author's oral poetry of Zhyrau of the XV–XVIII centuries. The practical value of the article and its justification lies in the writing of the monograph "The Poetic word in myth, ritual and ritual" and the preparation of a "Poetic Dictionary of the frequency of formulaic units" within the framework of the scientific project "Research of the artistic-determinative system, "formulaic stylistics" and grammar of poetry of Zhyrau XV–XVIII centuries. Frequency dictionary" (under the Program of grant financing of scientific and scientific-technical projects for 2021-2023 by the MSHE RK, IRN AP09261377).

Islamic Education Financial Management (Study at Darur Rasyid Islamic Boarding School Aceh Singkil)

The purpose of writing is to discuss the financial management of Islamic education at the Darur Rasyid Islamic Boarding School, Aceh Singkil, both from financial planning, financial accounting and financial evaluation and accountability. The method used in this study is a qualitative method, with the approach used is Naturalistic, as well as with triangulation techniques, then data collection techniques using documentation, interviews, and observations. The step of analyzing the data is to collect the data, reduce the data, present the data and then conclude. The results of this study are: 1. The leadership of the Islamic boarding school as top manager and treasurer prepares any programs that will be implemented and then is held together with the head of the foundation, the boarding school committee, as well as the teachers, Then determine how much the budget will be spent on program implementation. 2. There is a financial assistant unit appointed to assist the madrasah treasurer in managing education finances at Darur Rasyid Aceh Singkil Islamic Boarding School. So far, with the existence of the financial assistance unit, it can allocate and distribute Islamic boarding schools' funding sources effectively and efficiently and on target. 3. Bookkeeping or recording of education finances carried out at the Darur Rasyid Aceh Singkil Islamic Boarding School only uses the general treasury book (receipts and disbursements book). The auxiliary cash book or subsidiary ledger tends to not function properly because all receipts and expenditure records are integrated into the general cash book. The details of the cost of each component of expenditure tend to be unreported and not specifically detailed. 4. Education financial reports and accountability are prepared and addressed to foundations and all authorized parties, namely, among others, accountability reports are reported every 6 months. And using the Flat Grant financing model based on the distribution system of funds.

Управление НИОКР в странах ОЭСР: опыт мониторинга результатов

The article deals with the issues related to the monitoring of R&D projects supported by the public funds. In accordance with the current legislation, monitoring of scientific, technical and innovation projects is carried out within the framework of the structural elements of state programs. To conduct monitoring, results, control points and objects of scientific and technical activities should be established. At the same time, however, within the framework of the three forms of financial support for the implementation of R&D projects – grant financing, subsidies for the implementation of public assignments, public procurement – different monitoring methods and procedures are applied. Further, the names of the control points are not linked to the results of projects in terms of technology readiness levels (TRL). Finally, information systems that support the monitoring and evaluation of R&D results are not fully compatible with each other. As a result, the overall effectiveness of monitoring decreases, which leads to delays in making managerial decisions and entails wasteful spending of budget funds. In the leading OECD countries, there is a practice of centralized methodological support of the implementation of R&D and innovation, which provides an unified approach to management of such projects and conjugation of state support at all stages of innovation cycle. Successful project management involves application of such specific management tools as the stage gates model and TRL methodology, which provide effective monitoring of results and flexibility in making management decisions, including the possibility of adjusting the basic parameters of projects at different stages of their implementation. The experience of foreign countries shows that in order to improve the quality and effectiveness of monitoring of R&D projects in Russia, it is necessary to ensure the harmonization of general and sectoral legislation governing the monitoring of the results of research, development and innovation projects, which will ensure the formation of a unified approach within the framework of project management of state programs. It is advisable to extend the rules for monitoring the results of R&D adopted in the system of grant financial support to the systems of public assignment and public procurement in this area of activity, creating conditions for the conjugation of various forms of public support. Finally, it is necessary to improve operation of the existing state information resources for the management of scientific, technical and innovation projects.

СУБ’ЄКТИ ТА ОБ’ЄКТИ ГРАНТОВОЇ ДІЯЛЬНОСТІ

The article examines the peculiarities of the activities of the subjects and the content of the objects of grant financing in Ukraine as important elements of the grant mechanism system. The main features of the grant have been demonstrated, namely: 1) targeted nature of provision; 2) has the nature of assistance provided at the expense of funds accumulated in grantor funds 3) provision to strengthen the institutional and financial capacity of the recipient, as well as for the implementation of a specific project or program to achieve an economic, social and environmental effect. 4) provision in cash or in kind; 5) free of charge; 6) irreversibility. Emphasis is placed on the fact that two groups of persons can act as subjects of grant activity – grant givers and grant recipients. On the part of the grantor, the subjects are: international organizations, government donors, public donors, private donors, corporate donors, and on the part of the grantee – representatives of the government, local self-government, micro, small and medium-sized businesses, the public sector, individuals, etc. It is emphasized that grant recipients can be: bodies of executive power and local self-government, business representatives: private enterprises, limited liability companies, companies with additional liability, general partnerships, limited partnerships, family enterprises, collective enterprises, individual enterprises, peasant (farming) farms, unions of consumer associations, consumer associations, cooperatives, individual entrepreneurs; association of co-owners of apartment buildings; political parties, religious organizations; representatives of the public sector: public organizations, public unions, associations, charitable foundations; various institutions, institutions and even individuals. It is noted that depending on the strategic goals of the subjects of grant relations, grants can be directed to: support of the economy and democracy, development of civil society, communities and territories in particular, strengthening of the health care system, provision of educational industries, development of culture and creative industries, implementation of scientific research, implementation of startups and implementation of innovative projects, etc. The peculiarities of the content of the object of grant activity are considered, namely, the object is a grant – a monetary or non-monetary resource, which is provided free of charge and irrevocably by the grantor to the recipient for the purpose of implementing measures to strengthen the institutional and financial capacity of the grantee, as well as for the implementation of a specific project or program on achievement of economic, social and environmental effect.

How Do Innovation and Technology Trade Affect Economic Growth Performance in Indonesia?

Economic growth is an increase in the output of each sector in a certain year. Innovation can provide carrying capacity for productivity, efficiency and performance effectiveness in each sector. In an effort to increase output, research and innovation are needed. This study empirically estimates the impact of technological innovation and trade on economic growth. The method used is a quantitative method using Autoregressive Distributed Lag (ARDL) for long-term analysis and Error Correction Model (ECM) for short-term analysis. By using time series data, it is empirically found that in the long-term analysis, the innovation stated in the number of patents will have a significant positive effect on economic growth when technology imports occur. Meanwhile, innovation will have a  significantly negative effect in grant financing in the event of an increase in technology trade. This indicates that reducing grants by increasing the quality of research through the efficiency of grants will promote economic growth. On the other hand, in the short-term analysis, innovation has no effect on economic growth, whereas only ICT Export technology can support economic growth. In another empirical analysis it was found that institutions and population growth had no effect on economic growth in terms of innovation and technology. So the government is expected to increase technology transfer abroad for domestic research purposes and increase demand for technology exports to become an incentive for the more effective and efficient use of grant funds.

Потенціал фінансування відбудови економіки України з врахуванням критеріїв ESG

Introduction. In 2022, in the conditions of the Russian military invasion of Ukraine, a security component acquires special importance also at the global level. In Ukraine, there is a need to restore and rebuild the economy, based on new technologies, alternative raw materials and with the formation of new chains of interaction. After all, it is the qualitative renewal that will contribute to maintaining the position of the national economy on international markets, where ESG criteria are taken into account when making investment decisions. Problem Statement. Assessment of the prospects of attracting financial resources for the purposes of comprehensive recovery of the economy of Ukraine, taking into account the priorities determined at the national level. Purpose. To substantiate proposals for the selection of possible sources of financing for the reconstruction of the economy of Ukraine, namely, qualitative recovery, based on the preservation of the appropriate level of environmental, social and managerial components, to determine possible ways of integrating ESG criteria into the development of the domestic economy. Methods. General scientific and special methods were used, in particular: scientific abstraction and epistemological (content) analysis, synthesis, induction and deduction, analogies and systematization, system-structural analysis, expert evaluation method, index and grouping methods. Results. The article examines the directions of post-war economic reconstruction in the world, in particular, the Marshall Plan for Western Europe after the Second World War and the case of the reconstruction of South Korea after the Korean War. In addition, the study emphasizes the directions and priorities of the recovery of the economy of Ukraine. Given the possibilities of combining recovery and ESG criteria, it is proposed to consider specific funds within the framework of the pyramid of economic recovery of Ukraine. In particular, the possibilities of financing through the efforts of state funds, examples of the creation of business funds and successful foreign experience of grant financing and crowdfunding are determined. Conclusions. Reconstruction of the national economy is possible due to the transition of basic economic and social processes to a qualitatively new level. For this, it is important to combine financing opportunities for ESG projects in Ukraine at different levels, taking into account international experience. The study of the financing potential of the reconstruction of the economy of Ukraine, taking into account the ESG criteria, makes it possible to draw a conclusion about the activation of socio-economic development and future growth, in particular, possible directions and sources of stimulation in the context of the implementation of ESG projects by the efforts of domestic stakeholders. Thus, the integration of ESG principles into the processes of post-war economic recovery of Ukraine is inevitable.

A data-driven multicriteria decision making tool for assessing investments in energy efficiency

Mainstreaming energy efficiency financing has been considered a key priority during the last decade among several stakeholders. The capability offered by Multicriteria Decision Analysis to integrate cross-domain financial and energy consumption data, combined with statistical analysis techniques and data abundance, contributes to building the necessary market confidence in energy efficiency projects and make them an attractive investment asset class. In this context, the aim of this paper is to propose a solid methodological framework in order to support the financing procedure of energy efficiency investments, and to identify improved grant financing plans, considering a series of factors which are of vital importance for the sustainability of such actions and the limitation of investment risk. A decision support tool, developed in Python, is presented which implements the suggested methodology, improving the decision making for the investor in terms of the percentage of grant financing per project. The developed methodology has been applied on a reliable dataset of energy efficiency projects from several cities in Latvia, where the actual performance of the investments is exploited. The application of the methodology has resulted in a financing plan which achieves about the same energy savings, while bringing 15% reduction of the energy efficiency investments’ cost.