Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis

The damage caused to the natural environment of the Arctic in recent years is too large and requires removal. The elimination of environmental damage requires large investments. In conditions of limited financial resources it is necessary to select the most efficient projects. The evaluation of envi...

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Bibliographic Details
Main Authors: Olga E. Medvedeva, Marina A. Vakula
Format: Article
Language:English
Published: Northern Arctic Federal University 2016-12-01
Series:Арктика и Север
Subjects:
Online Access:http://narfu.ru/upload/iblock/232/08_medvedeva_vakula.pdf
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author Olga E. Medvedeva
Marina A. Vakula
author_facet Olga E. Medvedeva
Marina A. Vakula
author_sort Olga E. Medvedeva
collection DOAJ
description The damage caused to the natural environment of the Arctic in recent years is too large and requires removal. The elimination of environmental damage requires large investments. In conditions of limited financial resources it is necessary to select the most efficient projects. The evaluation of environmental and economic efficiency of projects of the elimination of the last environmental damage can become the tool of such selection, based on the cost-benefit analysis, this evaluation consists of accounting of non-market environmental effects of restoring the environment of the Arctic. The article presents an algorithm of such evaluation and selection of projects and examples of its application.
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spelling doaj.art-7170a3bba579408ba6f8497cc6ecb2922022-12-21T19:32:46ZengNorthern Arctic Federal UniversityАрктика и Север2221-26982221-26982016-12-01259410610.17238/issn2221-2698.2016.25.108Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysisOlga E. Medvedeva0Marina A. Vakula1State University of ManagementRAS Scientific CouncilThe damage caused to the natural environment of the Arctic in recent years is too large and requires removal. The elimination of environmental damage requires large investments. In conditions of limited financial resources it is necessary to select the most efficient projects. The evaluation of environmental and economic efficiency of projects of the elimination of the last environmental damage can become the tool of such selection, based on the cost-benefit analysis, this evaluation consists of accounting of non-market environmental effects of restoring the environment of the Arctic. The article presents an algorithm of such evaluation and selection of projects and examples of its application.http://narfu.ru/upload/iblock/232/08_medvedeva_vakula.pdfenvironmental damagelast environmental damageecological and economic evaluationcost-benefit analysis
spellingShingle Olga E. Medvedeva
Marina A. Vakula
Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
Арктика и Север
environmental damage
last environmental damage
ecological and economic evaluation
cost-benefit analysis
title Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
title_full Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
title_fullStr Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
title_full_unstemmed Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
title_short Technique of the selection of investment projects for elimination of accumulated damage to the environment in the Russian Arctic based on cost-benefit analysis
title_sort technique of the selection of investment projects for elimination of accumulated damage to the environment in the russian arctic based on cost benefit analysis
topic environmental damage
last environmental damage
ecological and economic evaluation
cost-benefit analysis
url http://narfu.ru/upload/iblock/232/08_medvedeva_vakula.pdf
work_keys_str_mv AT olgaemedvedeva techniqueoftheselectionofinvestmentprojectsforeliminationofaccumulateddamagetotheenvironmentintherussianarcticbasedoncostbenefitanalysis
AT marinaavakula techniqueoftheselectionofinvestmentprojectsforeliminationofaccumulateddamagetotheenvironmentintherussianarcticbasedoncostbenefitanalysis