TOOLKIT FOR ENVIRONMENTAL MOTIVATION OF A CIRCULAR ECONOMY BASED ON THE CONCEPT OF ENVIRONMENTAL RENT

UDC 338.24:502.174

 

Neverov Aleksandr Vasil’yevich – DSc (Economics), Professor, Professor, the Department of Management, Business Technologies and Sustainable Development. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: Neverov@belstu.by

Novikova Irina Vasil’yevna – DSc (Economics), Professor, Head of the Department of Management, Business Technologies and Sustainable Development. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: xenia2012@belstu.by

Bahеdh Hayder Azeez Bahеdh – PhD (Economic), Assistant, the Department of Management, Business Technologies and Sustainable Development. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: bahtdh54@belstu.by

DOI: https://doi.org/10.52065/2520-6877-2024-280-4.

 

Key words: environmental motivation, circular economy, concept of environmental rent, environmental motivation tools, sustainable development.

For citation: Neverov A. V., Novikova I. V., Bahedh H. A. Toolkit for environmental motivation of a circular economy based on the concept of environmental rent. Proceedings of BSTU, issue 5, Economics and Management, 2024, no. 1 (280), pp. 32–38. DOI: 10.52065/2520-6877-2024-280-4.

Abstract

The article considers actual aspects of ecological motivation of circular economy based on its essence and the main goal of development. The problem of formation of circular economy of oil and gas complex and the place of ecological motivation in it are highlighted. Ecological and economic interests of circular economy development are structured. All this allowed us to consider the expediency of applying the theory of natural rent (with the separation of economic and ecological components in it) to develop the methodology of building ecological motivation of circular economy. The article also presents natural accounting, which quantitatively reflects the importance of natural resources for the national economy and the possibilities of its growth in the system of national accounts (SNA). In the context of this article natural accounting performs a purely economic function and is considered from the position of the interests of natural capital, its increment as a factor of production. In this study, the actualization of green growth problems assumes the separation of economic and environmental assets in the composition of natural capital. We propose a toolkit of ecological motivation of circular economy based on the concept of ecological rent, organization of ecological accounting and ESG-criteria [1]. The purpose of this article is to determine the essence of ecologically-oriented rent relations, ecological motivation of circular economy and the institutional basis for its functioning, as well as an adequate mechanism of implementation as carriers of sustainable development values

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05.02.2024