Regulation Of Investment Activity Research Articles

«Зеленая» экономика в контексте международных инвестиционных соглашений

The matters of green economics within the framework of the environmental transformation of the energy sphere (the energy transition), reduction of the anthropogenic impact on the environment in the course of socioeconomic development, give investment opportunities for international business but at the same time pose specific systemic and structural challenges to investors, states that receive investments, researches and individuals that witness the consequences of the dynamic change of the environment in the contemporary conditions. The presented article studies the evolution of approaches to international law regulation of investment activities from the standpoint of solution of environmental protection and conservation tasks in order to analyze opportunities with regards to the named challenges. Such analysis is used as a basis to conclude that the historical and legal method of studying the problems in question gives an opportunity for a systemic and structural evaluation of the original prerequisites for the logic of development of the international law architecture of regulation of investment activities in respect of goals and tasks of publicly significant environmental protection and conservation interests including the sphere of green economics and minimization of negative consequences of the anthropogenic impact as a result of investment activities, and evaluate the logic and limits of application of international investment agreements to achieve the environmental protection and conservation goals.

INVESTMENT SECURITY OF LAND USE IN UKRAINE

Goal. The article is devoted to the organization of state regulation of investment activities in the field of land use. Method. To solve this scientific problem, the structural method and the method of abstract-logical generalization are used. Results. The article reveals the main aspects of state regulation in the field of land use. It was emphasized that a fundamental factor in the development of balanced land use is solving the problem of attracting investments in this area. It is noted that the investment potential of agricultural land should be understood as the possibility of obtaining maximum income in the short or long term from capital investments in the land in order to increase its fertility and ensure sustainable and efficient land use. The methodological principles of GDP formation by types of economic activity (agriculture, forestry, and fishing) are presented. Scientific novelty. The proposed methodological principles will make it possible to increase the efficiency of investing in land resources. Practical significance. The implementation of the proposed methodological principles of GDP formation in the field of land use will make it possible to increase the volume of investments and ensure their optimal distribution.

Intellectual property rights in international and Russian investment law

The investment activity is diverse and can be carried out with the use of intellectual property rights in accordance with the current international and Russian investment law. The article aims to identify the specifics of the application of intellectual property rights as investments and the implementation of intellectual investments, i.e. investments endowed into intellectual property rights. The objectives of the study are to consider the categories of an investment and object of investment activity, intellectual property, exclusive and other intellectual rights, as well as to analyze and determine the features of legal regulation of the activity in question at the international and national levels in the Russian Federation. Based on the results of the systematic analysis with the use of formal legal, comparative and other research methods, it is concluded that investments as a property in a broad sense may include both exclusive and other non-personal intellectual property rights to the results of intellectual activity and equated means of individualization of goods, works, services and enterprises. At the same time, they exclude intellectual property itself as a set of various types of intangible products, moral and other personal non-proprietary intellectual rights by virtue of their inalienable and non-transferable character. It is argued to be the same with respect to the object of investment activity, i.e. the property which the investment is endowed in and is capable to bring income to the investor in the future. Investments into such intellectual property rights can be called as intellectual investments.The legal regulation of investment activity with the use of intellectual property rights has a dual character (in the sense that it is carried out by different investment legislative acts with the similar subject of their regulation) and depends on the type of a particular object used. If intellectual property rights are invested in fixed capital, then they are to be recognized as capital investments and are governed by the Federal Law of February 25,1999 No. 39-FZ “On Investment Activity in the Russian Federation Carried out in the Form of Capital Investments”. If intellectual property rights are used as the object of investment activity, i.e. where investments are endowed in, such intellectual investments are subject to the regulation by the Law of the RSFSR of June 26, 1991 No. 1488-1 “On Investment Activity in the RSFSR”.

International Investment Disputes Resolution in the EAEU when Changing the Investor’s Personal Law

The paper identifies regulatory gaps in the Treaty on the Eurasian Economic Union in relation to the status of an investor when changing their personal law after making investments. There are also gaps in the procedural mechanism for organizing and conducting conciliation procedures in accordance with the above agreement on the initiative of an individual — the applicant whose legal interests were violated. Based on the results of a study carried out from the perspective of comparative law and a formal-dogmatic approach, the author proposes solutions to improve the international legal regulation of investment activities within the EAEU on the identified issues in order to create a favorable investment climate for attracting foreign investment to the Russian Federation from partner countries in the EAEU. The theoretical significance of the work lies in the formulation of the author’s definition of the concept of international legal innovations and the designation of their characteristics based on a doctrinal understanding of examples of UNCITRAL rule-making practice.

Civil and legal regulation of investment activities of life insurance companies

The paper is devoted to some features of the investment activity by life of insurance companies, as well as their civil law regulation. Attention is focused on the fact that life and health insurance is a direction of non-state pension provision in the context of pension reform in Ukraine. A range of questions from potential consumers of insurance services in the field of life and health insurance regarding the investment activity of insurers, methods and means of placing investments, their legal regulation, guarantees of the integrity and safety of accumulation under the life insurance contract has been determined. Scientific approaches to the understanding of investments in general, and the peculiarities of investment activity by life insurance companies have been studied. The norms of national legislation, international financial reporting standards regulating long-term life insurance contracts, including those with an investment component, were analyzed. The civil law procedure for investing funds raised by insurance companies under long-term life insurance contracts and investment life insurance contracts is defined. Examples of investment activities of insurance companies that are leaders in the life insurance market are given. It is indicated that according to statistical data, as of January 1, 2024, 12 life insurance companies are registered and operating in Ukraine. There are life insurance companies provide services exclusively in the field of long-term life insurance, health and pension insurance. Currently, only 8 insurance companies are actively working. It was concluded that financial instruments such as securities in the form of bonds, bank deposits and investment (income) real estate are most popular among life insurance companies for investing.

ՕՏԱՐԵՐԿՐՅԱ ՆԵՐԴՐՈՒՄՆԵՐԻ ՊԵՏԱԿԱՆ ԿԱՐԳԱՎՈՐՄԱՆ ԻՆՍՏԻՏՈՒՑԻՈՆԱԼ ՀԱՄԱԿԱՐԳԸ / THE INSTITUTIONAL SYSTEM OF STATE REGULATION OF FOREIGN INVESTMENTS

The article is dedicated to the institutional system of state regulation of foreign investments. The theoretical and methodological bases of the formation and development of mechanisms of state regulation of investment activity are discussed, and the tools and mechanisms of the theoretical and conceptual apparatus of the process are clarified and justified as elements of the system of regulation and promotion of investment activity at the current stage of economic development. Discussions among researchers about the need for state regulation of foreign investments have been going on for more than an era, without losing their relevance in our time. The objective necessity of this type of regulation of the economy is confirmed by the entire course of its development. Different views prevailed in different periods of history regarding the necessity and permissible level of state participation in the management of the economy and the forms and methods of such participation, but the fact of the inevitability of state regulation has never been questioned. Compliance of the results of foreign investments with the goals and programs set by the state, as well as their relation to the costs of attracting foreign investments, are related to the creation of the country’s image, direct investment attraction, provision of consulting services, support, etc.

Features of state financial regulation of investment activities of agro-industrial enterprises

The article describes the features of state financial regulation of investment activities of agro-industrial enterprises. The study reflects the key measures provided by the state to stimulate investment in agriculture. The instruments of financial regulation, such as tax incentives, subsidy and credit programs aimed at ensuring the sustainable development of the agricultural sector, are considered. The study also covers the effective use of financial resources, ensuring the availability of capital and supporting innovative projects in the rural economy. As a result of the work, key aspects of the successful state impact on investment processes in the agro-industrial complex are identified, a model of the agro-enterprise ecosystem is proposed, and recommendations on monitoring the financial stability of agro-industrial enterprises are provided.

Державна інвестиційна політика в контексті обліку й оподаткування установ фінансово-кредитної та бюджетної сфер

The article determines that the significant growth of interest in the management of the process of generating profits and the use of investment resources in the field of implementation of investment and innovation projects and programs testifies to the special importance of investment operations as the main source of financial stability and further development of economic entities. It is substantiated that institutions of the financial, credit and budget sphere can use various forms of State regulation of investment activity, in particular, the most used of them are: management of State investments, regulation of the conditions of investment activity, as well as control over the order of its implementation, which is carried out by all investors and participants in investment activity. It has been proven that for domestic banks, investment activity is primarily a tool for asset diversification, a means of maintaining liquidity and a source of profit generation. This, in turn, requires the implementation of a balanced State policy based on a complex of tax and financial stimulation methods. It is defined that, in contrast to the financial and credit sphere, in the budget sector, investment activity, accounting and taxation of investment transactions is a rather specific direction. Focusing on the basic concept of investment formulated in the legislative field, methods of reproduction of investments in the budget process are systematized and it is proved that the State bodies can manage the State investments, in particular financial ones, and this allows the accountant of a budget institution to correctly reflect economic transactions in accounting and prepare financial statements, properly comply with tax discipline. This made it possible to allocate a significant feature for budget planning, which is expressed in the fact that the use of fund and financial instruments in the budget process will not act as the implementation of the budget institution's estimate for capital expenditures.

Development of Civil Law Regulation of Investment Activities in the Creation of Certain Types of Copyright Objects

Relevance. The article analyzes the problems of development of investment activity in the sphere of creation and use of certain types of works, notes possible ways of development of civil law regulation of such activity. The conclusions about the necessity to recognize investment agreements mediating investment activity in accordance with the principle of "rights in exchange for investment" as a special type of civil law agreement that needs special legislative regulation, including the establishment of the possibility of allocation of investors' shares in the exclusive right to the created results of intellectual activity and the establishment in the agreement of the peculiarities of disposition of rights to works and other objects of intellectual rights are substantiated.The purpose of the research is to develop theoretical provisions aimed at creating a holistic scientific understanding of the possibilities of further development of the legal regulation of relations related to the implementation of investment activities in the creation and use of works and other objects of intellectual rights.Objectives: to identify the peculiarities of investor participation in relations related to the creation and use of intellectual activity results; to develop proposals for the development of contractual registration of investment activity in the sphere of creation and use of intellectual activity results; to identify the peculiarities of disposition of exclusive rights to the intellectual activity results created with the involvement of investments; to identify possible directions for further development of legal regulation.Methodology. The author used dialectical-materialistic method, methods of analysis and synthesis, formal-legal method.The results of the research have theoretical and applied nature and are aimed at improving the quality of legal regulation of legal relations related to the creation and use of the results of intellectual activity.Conclusions. The conclusions are of a discussion nature, aimed at improving the legal regulation of investment activities related to the creation and use of the results of intellectual activity. The article is a continuation of the author's research on the topic under consideration.

The Role of the World Heritage Convention for Foreign Investments and Investment Disputes: An Overlooked Instrument for Preventing Harmful Investment Activities?

Investment activities by foreign investors such as mining operations or energy production can threaten natural and cultural World Heritage, which is protected under the World Heritage Convention. As World Heritage sites have been at the heart of various (recent) investment disputes, the question arises as to how obligations under the World Heritage Convention affect investment activities and investment disputes. The article seeks to shed light on this issue by analysing different aspects of the World Heritage Convention in the context of investment law. It starts by exploring how investment tribunals have approached investment disputes involving World Heritage sites and what their decisions imply for the regulation of investment activities in or near World Heritage sites. Subsequently, the article examines which obligations the World Heritage Convention imposes on foreign investors, host states, and investors‘ home states. In the analysis of the home states‘ duties, Article 6(3) of the Convention, which has hitherto received little scholarly attention, is of particular interest. Based on decisions of the World Heritage Committee and doctrinal opinions, the authors interpret said provision and place it in the specific context of investment law. In doing so, they find that a limited duty to regulate exists for home states of investors if they provide financial or non-financial support to a business operation abroad.

Инвестициoнная диплoматия как инструмент экoнoмическoй интеграции Investment diplomacy as a tool for economic integration

The article considers investment diplomacy as a tool for economic integration. The author gives the main forms and methods of diplomatic support for investment activities, credit and financial organizations, gives the concept of investment activity regimes. The methodology based on the practice of law enforcement and the theoretical legal framework for regulating investment activity traditionally classifies foreign investment regimes into two types: absolute and relative. In the field of regulation of investment activity, the basis is multilateral intergovernmental agreements: regional and universal. The article presents the most important international organizations within the framework of which the regulation and support of the investment activities of credit and financial organizations is carried out. The author points to the role and place of diplomatic support for the investment activities of credit and financial organizations, indicating that the measures of diplomatic activity in support of investment activities are: the organization of investor forums; analytical and information activities; coordination by the embassy of the activities of national investors in the host country; providing legal support to investment projects; promotion of national investments; providing favorable conditions for national investors in the host country; lobbying, political pressure, bribery; ensuring the participation of national investors in investment tenders in the host country.

Legal Characteristics of Special Investment Agreement

Problem setting. An investment agreement is the most common form of establishing the rights and obligations of subjects of investment activity, but investment agreements do not have sufficient legal reasoning at the legislative level. The legislator is trying to improve the legal regulation of investment activity, which leads to the emergence of new contractual structures in the field of investment activity. Thus, an amendment to the investment legislation became the consolidation of the contractual structure «special investment agreement» in the Law of Ukraine «On State Support of Investment Projects with Significant Investments», in connection with this, questions arise regarding: the correctness of the name of «special investment agreement». This question arises on the basis of the fact that the legislation does not contain a definition of the concept of «investment agreement», but there is a definition of a special investment agreement; the legal nature of relations arising on the basis of a special investment agreement, since the parties to the contractual obligations are subjects of public and private law; features of conclusion, execution, termination of a special investment agreement and liability of the parties for improper execution of contractual relations; scope of subjective rights and legal obligations of the subjects of contractual relations, since the Law of Ukraine «On State Support of Investment Projects with Significant Investments» does not reflect the rights and obligations of the parties to a special investment agreement. All these issues require a theoretical and legal understanding. Analysis of resent researches and publications. The study of modern scientific publications on the problems of legal regulation of investment activities indicates the absence of scientific publications, the subject of which would be the study of the contractual construction of a special investment agreement. Target of the research is to analyze the legal regulation of the contractual construction of a special investment agreement. Article’s main body. The signs of a special investment agreement, which indicate its specificity, have been established. Among them: the purpose of the agreement is the implementation of an investment project with significant investments; state support for investment projects with significant investments and the specific composition of subjects of contractual relations (applicant, investor with significant investments and subjects of public law the state represented by the Cabinet of Ministers of Ukraine and the territorial community). The specifics of concluding, amending and terminating a special investment agreement are defined. Conclusions and prospects for development. A special investment agreement is a complex contractual structure that contains elements of private-law and public-law nature of relations arising in connection with the implementation of investment projects with significant investments. Legal regulation of investment projects with significant investments and special investment agreements has the following disadvantages: statutory state support provided to investors with significant investments can be provided only to those investors whose significant investments in investment objects during the period of implementation of the investment project with significant investments exceed the amount equivalent to 20 million euros. Investors who do not meet these financial requirements cannot acquire the status of investor with significant investments and thus, state support; to implement an investment project with significant investments, it is necessary to create a new legal entity an investor with significant investments; The Law of Ukraine “On State Support of Investment Projects with Significant Investments” does not establish the rights nor obligations of the parties to a special investment agreement. The lack of scientific works on the researched topic indicates the need for further study of the specifics of concluding, executing and terminating special investment agreements, their legal nature and the scope of rights and obligations of the parties to a special investment agreement.

Institutional features of the regulation of investment activities of an environmental orientation

The article presents a methodology for the formation of a system for early recognition of signals that characterize the occurrence of environmental and economic problems and the need to develop and implement environmental investment projects at industrial enterprises in the region, including a set of methods for obtaining, processing and analyzing information in the form of a sequence of five stages. The first stage is the search and primary processing of information. The second stage involves recognizing the position of the industrial enterprise and identifying problems. At the third stage, it is necessary to identify the strengths and weaknesses of the competitive position, the opportunities and threats of investment in environmental protection. The fourth stage makes it possible to determine the most likely scenario for the investment activity strategy. The essence of the fifth stage is the formation of a program to improve the mechanisms of institutional regulation of investment activity at all levels of management. An analysis of the strategic potential can be carried out in the form of an analysis of strengths and weaknesses, opportunities and threats only using the factors influencing environmentally oriented investment activities. In the process of strategic analysis, the degree of readiness of an industrial enterprise, all industrial enterprises in the region to implement the new requirements of ISO 9001:2000 quality management, ISO 14001 environmental management and the developed international standard ISO 19011, which combines the requirements of the two previous management standards, was clarified. The article shows that strategic analysis and environmental audit are interrelated and require simultaneous strategic control.

Municipal formations as concentrating subjects of innovation and investment activity

The article examines the problems associated with the effective application of methods of state regulation of innovation and investment activity in the municipal entity and proposes measures to ensure comprehensive socio-economic development of the city. In the course of the study, modern trends were identified and the current state of innovative activity was characterized, in particular, directions for the effective use of the financial and investment reserve of off-budget sources for the implementation of the investment policy of the municipal entity were substantiated, proposals aimed at increasing the financial potential in the system of measures to create a favorable investment climate were developed and substantiated. With regard to the new political and economic realities, it is necessary to revise the institutional foundations of state regulation of investment activities in the municipal entity. To solve these challenges, the authors offer a set of recommendations, which include priority areas of investment activity, principles of financial potential formation. We focused special attention on the non-budgetary component of the formation of the financial potential of municipal entities. A set of recommendations has been developed regarding the involvement of population savings, financial market resources, foreign investments, extrabudgetary funds, and bank loans in the investment process. A set of interrelated institutional, organizational and informational measures is presented, aimed at creating a favorable investment climate in municipal entities, including well-founded innovations in investment tax benefits, subsidizing the interest rate on investment loans, municipal procurement systems, investment insurance, which will create additional incentives for the use of the territory's financial and investment reserve.

ОЦЕНКА СОВРЕМЕННОЙ ИНВЕСТИЦИОННОЙ ПОЛИТИКИ РОССИЙСКОЙ ФЕДЕРАЦИИ

The complexity of current socio-economic processes in Russia against the background of ongoing global changes repeatedly increase the role of the state in managing the national economy. One of the key directions of modern state policy is the investment component, which is the subject of this study. The article deals with the implementation of investment policy of the Russian Federation at the current stage of development, assesses the changes in the legal regulation of investment activity in the country that have occurred in recent years. The indicators of investment policy performance over a fairly long period of time (2011 - 2022) are studied, the structure and dynamics of investment in fixed assets are analyzed. In the article a special emphasis is made on the role and participation of the state in the investment process, the main instruments of regulation and stimulation of investment activity are shown and characterized, an attempt is made to correlate the actions in the field of investment policy with the indicators of its effectiveness. The inert dynamics of the investment process for a long period of time is noted, with an emerging trend of acceleration in 2021–2022.

THE ESSENCE OF ECONOMIC MECHANISM FOR THE DEVELOPMENT OF RURAL TERRITORIAL COMMUNITIES

Purpose. The aim of the article is the determination and substantiation of the essence of the economic mechanism for the development of territorial communities and attracting additional financing. Methodology of research. The research is based on the scientific works of domestic scientists on the development of territorial communities, the identification of its elements, and the formation of measures for attracting funding. General scientific and specific methods such as dialectical method of scientific cognition, analysis and synthesis, graphical method, abstract and logical methods were used to achieve the set goal. The dialectical method of scientific knowledge was used to consider the essence of the economic mechanism of the development of territorial communities; analysis and synthesis – to clarify the relationships between the elements of the mechanism; graphic – for a visual representation of the proposed measures; abstract and logical – for forming research conclusions and proposals. Findings. The economic measures for attracting financing to the development of territorial communities were analysed. It was established that the development of local economy and attracting additional financing is the key subject of study. The key elements of an effective economic mechanism for rural development were highlighted. Originality. A comprehensive understanding of the key elements of an effective economic mechanism was proposed. It provides an understanding of the interaction of these elements and their joint impact on promoting sustainable growth, investment attractiveness, improvement of living conditions, and creating a favourable economic environment. The scientific novelty of the research lies in its integrated approach to studying economic mechanisms necessary for the development of territorial communities. Practical value. The conclusions of the research have practical significance for local authorities and stakeholders involved in rural development of territorial communities. The identified elements of the economic mechanism provide a general plan for policy development and implementation of measures that contribute to economic growth. The research emphasizes the importance of targeted investments in infrastructure, support for small and medium-sized businesses, regulation of human capital development, promotion of tourism, and support for innovation. Integrating these elements into development strategies will help create a favourable environment for territorial communities, promoting economic stability and reducing inequality among them. Key words: Economic mechanism, development of territorial communities, support for small and medium-sized businesses, regulation of investment activities, elements of economic mechanism, efficiency, economic growth

IMPROVEMENT OF THE POLICY OF ATTRACTING FOREIGN DIRECT INVESTMENTS TO THE ECONOMY OF THE VINNYTSIA REGION AND THE VINNYTSIA CITY TERRITORIAL COMMUNITY

It has been established that foreign investments play an important role both in the development of the country as a whole and of individual territorial communities (hereinafter referred to as TC) in particular, as it is an additional source of funds that allows the introduction of advanced technologies and accelerates the process of economic integration into the world economy. It has been proven that legal regulation of investment activities in Ukraine is based on the international law and a number of national regulatory and legal documents. However, taking into account the changes that are dynamically taking place in the world, as well as the state of war in Ukraine, there is a need to improve domestic legislation in the field of investment attraction. Using the example of Vinnytsia Region and Vinnytsia City Territorial Community, the investment activity in the pre-war period (2019-2021) was considered and the positive dynamics of attracting foreign investments to the economy of the region was determined. There is a change in the main investor countries of Vinnytsia: in 2021, the USA joined the top five with a share of 6.08%, while Germany moved to the sixth place. During the studied period, most foreign investments were made to the industry of the region. The strengths and weaknesses of the studied community were studied with the help of a SWOT analysis, which showed the presence of favorable conditions for attracting foreign investment, however, the current situation in the country does not allow to fully use all the strengths. An analysis of the Methodology and standards of attracting and supporting investors in the Vinnytsia City TC was made, which can become a strong basis for improving the investment attractiveness of the region. It is proposed to adjust the state’s strategy for attracting foreign direct investment in order to adequately respond to modern challenges facing Ukraine. Measures have been developed to promote the attraction of investments in the Vinnytsia City TC for the post-war recovery of the economy and its development on the basis of innovation and energy efficiency.

НАУКОВО-ТЕОРЕТИЧНІ ЗАСАДИ ДЕРЖАВНОГО РЕГУЛЮВАННЯ ІВЕСТИЦІЙНОГО ЗАБЕЗПЕЧЕННЯ ЖИТЛОВОГО БУДІВНИЦТВА

The issue of intensifying economic transformations and accelerating the pace of socio-economic development under modern conditions cannot be resolved without adequate investment support. Construction of residential real estate is a field that is traditionally defined by a high level of dependence on investment funds. The state plays an extremely important role in this process. It is thanks to effective state mechanisms for regulating the investment attractiveness of the industry that the prerequisites for the accumulation of investment flows and assistance in solving the population's housing problem and implementing the tasks of the country's social and housing policy are formed. The modern legislative basis for regulation of investment processes in the construction of residential real estate is studied in the article. The set of institutional subjects of regulation of investment processes in the construction industry is defined here. The systematization of scientific and theoretical foundations of state regulation of investment processes of housing construction has been carried out. The methodological plane of functions, tasks and principles of state regulation of investment activity in the industry is analyzed. The methodological plane of the set of principles of state regulation by the process of attracting investment flows in the industry based on the strategic priorities of inclusiveness and sustainable housing construction has been supplemented. The author's scheme of the general architecture of the mechanism of state regulation of investment activity in the field of housing construction has been formed. The range of socio-economic and environmental bonuses from investments in the construction of residential real estate objects from the standpoint of creating new economic opportunities for the region and the national economy, ensuring the development of processes of inclusive urbanization and environmental stability in the industry is defined in the article. A brief review of the level of return on investment in residential construction is carried out here. The potential for possible future services from investing in residential real estate has been determined.

РАЗВИТИЕ НАЛОГОВОГО МЕХАНИЗМА ГОСУДАРСТВЕННОЙ ПОДДЕРЖКИ ИНВЕСТИЦИОННОЙ АКТИВНОСТИ В РОССИЙСКОЙ ФЕДЕРАЦИИ

The mechanism of regulation of investment activity that has developed since the early 2000s, despite significant changes and additions, in recent years does not provide a proper regulatory impact on the processes in this area: the depreciation of fixed assets is growing, the share of gross accumulation in fixed assets is “trampling” around 20% of GDP. The article shows that the investment tax deduction becomes an effective tool in the tax mechanism of stimulating investment activity in the regions and, unlike other tools (special economic zones, territories of advanced development, etc.), is focused on the modernization of existing enterprises.

Efficiency of regulation of investment activity of an ecological orientation at industrial enterprises

Environmental issues are becoming more and more relevant in the modern world. Industrial enterprises play an important role in environmental pollution, and investment in environmental projects is becoming a key strategy to reduce the negative impact. This research paper examines the effectiveness of environmental investment regulation in industrial enterprises and evaluates its impact on environmental sustainability and economic growth. Modern society is facing the threats of climate change, the depletion of natural resources and the deterioration of the quality of the environment. Industrial enterprises, as one of the largest consumers of resources and sources of pollution, have an important role to play in solving these problems. Investments in environmental projects in industrial enterprises can help reduce the ecological footprint and contribute to sustainable development.