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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Sciendo
2015-12-01
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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. |
first_indexed | 2024-12-18T02:53:24Z |
format | Article |
id | doaj.art-530e0d2faaa14e19be2293de21c9d887 |
institution | Directory Open Access Journal |
issn | 2255-9671 |
language | English |
last_indexed | 2024-12-18T02:53:24Z |
publishDate | 2015-12-01 |
publisher | Sciendo |
record_format | Article |
series | Baltic Journal of Real Estate Economics and Construction Management |
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 |
work_keys_str_mv | AT malakhovatatianan improvingtheassessmentoftheenvironmentalindicatorsofinvestmentprojectsbasedonthepublicprivatepartnership AT kolotyrinkonstantinp improvingtheassessmentoftheenvironmentalindicatorsofinvestmentprojectsbasedonthepublicprivatepartnership AT yakuninvladimira improvingtheassessmentoftheenvironmentalindicatorsofinvestmentprojectsbasedonthepublicprivatepartnership |