Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership

Implementation of environmentally significant activities is often associated with the need to attract significant investment from different sources, both public and private. However, investors should be interested in the profitability of their investments and receiving definite guarantees. To this e...

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Main Authors: Malakhova Tatiana N., Kolotyrin Konstantin P., Yakunin Vladimir A.
Format: Article
Language:English
Published: Sciendo 2015-12-01
Series:Baltic Journal of Real Estate Economics and Construction Management
Subjects:
Online Access:https://doi.org/10.1515/bjreecm-2015-0009
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author Malakhova Tatiana N.
Kolotyrin Konstantin P.
Yakunin Vladimir A.
author_facet Malakhova Tatiana N.
Kolotyrin Konstantin P.
Yakunin Vladimir A.
author_sort Malakhova Tatiana N.
collection DOAJ
description Implementation of environmentally significant activities is often associated with the need to attract significant investment from different sources, both public and private. However, investors should be interested in the profitability of their investments and receiving definite guarantees. To this end, the article describes the method of estimating the cost-effectiveness of the investment attractiveness of the procedure, which is used today in domestic practice (Russia). Then it has been found how to change this procedure to allow estimating the high risk and uncertainty of projects. In particular, the authors suggest using an objective function, which they have developed for the evaluation of investment projects. The main goal of the objective function is not only to improve the production, but also to improve the ecological situation in the region.
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spelling doaj.art-530e0d2faaa14e19be2293de21c9d8872022-12-21T21:23:24ZengSciendoBaltic Journal of Real Estate Economics and Construction Management2255-96712015-12-0131819010.1515/bjreecm-2015-0009Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private PartnershipMalakhova Tatiana N.0Kolotyrin Konstantin P.1Yakunin Vladimir A.2Saratov State Agrarian University named after N. I. Vavilov, Russian FederationSaratov State Agrarian University named after N. I. Vavilov, Russian FederationSaratov State Agrarian University named after N. I. Vavilov, Russian FederationImplementation of environmentally significant activities is often associated with the need to attract significant investment from different sources, both public and private. However, investors should be interested in the profitability of their investments and receiving definite guarantees. To this end, the article describes the method of estimating the cost-effectiveness of the investment attractiveness of the procedure, which is used today in domestic practice (Russia). Then it has been found how to change this procedure to allow estimating the high risk and uncertainty of projects. In particular, the authors suggest using an objective function, which they have developed for the evaluation of investment projects. The main goal of the objective function is not only to improve the production, but also to improve the ecological situation in the region.https://doi.org/10.1515/bjreecm-2015-0009environmental riskgreeninginvestmentinvestment riskpublicprivate partnershipsocial damage
spellingShingle Malakhova Tatiana N.
Kolotyrin Konstantin P.
Yakunin Vladimir A.
Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
Baltic Journal of Real Estate Economics and Construction Management
environmental risk
greening
investment
investment risk
publicprivate partnership
social damage
title Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
title_full Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
title_fullStr Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
title_full_unstemmed Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
title_short Improving the Assessment of the Environmental Indicators of Investment Projects Based on the Public-Private Partnership
title_sort improving the assessment of the environmental indicators of investment projects based on the public private partnership
topic environmental risk
greening
investment
investment risk
publicprivate partnership
social damage
url https://doi.org/10.1515/bjreecm-2015-0009
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AT yakuninvladimira improvingtheassessmentoftheenvironmentalindicatorsofinvestmentprojectsbasedonthepublicprivatepartnership