THE ROLE OF IMPACT INVESTING IN OVERCOMING THE CONSEQUENCES OF ENVIRONMENTAL DISASTERS (ON THE EXAMPLE OF LIQUIDATION OF CONSEQUENCES OF FUEL OIL SPILL IN THE WATER AREA OF THE BLACK SEA)

Impact investments serve as a key instrument for mitigating the consequences of fuel oil spills in the Black Sea. They contribute to the restoration of the ecosystem, biodiversity, and the development of affected regions. Particular attention is given to assessing economic damage, including a decline in Gross Regional Product (GRP), losses in fisheries, tourism, and agriculture, as well as reduced tax revenues and increased social costs. The application of comprehensive assessment methods enables accurate determination of loss scales and the formulation of sound recovery strategies, thereby reducing the risk of recurring environmental disasters and ensuring sustainable longterm development.

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Publication Details

Journal
Economics Theory and Practice
Published
2025-01-01
DOI
https://doi.org/10.31429/2224042x_2025_77_3
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
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article

THE ROLE OF IMPACT INVESTING IN OVERCOMING THE CONSEQUENCES OF ENVIRONMENTAL DISASTERS (ON THE EXAMPLE OF LIQUIDATION OF CONSEQUENCES OF FUEL OIL SPILL IN THE WATER AREA OF THE BLACK SEA)

И В Шевченко, N.V. Khubutia
Economics Theory and Practice
Economic and Technological Developments in Russia
article

THE ROLE OF IMPACT INVESTING IN OVERCOMING THE CONSEQUENCES OF ENVIRONMENTAL DISASTERS (ON THE EXAMPLE OF LIQUIDATION OF CONSEQUENCES OF FUEL OIL SPILL IN THE WATER AREA OF THE BLACK SEA)

И В Шевченко, N.V. Khubutia
article en

Abstract

Impact investments serve as a key instrument for mitigating the consequences of fuel oil spills in the Black Sea. They contribute to the restoration of the ecosystem, biodiversity, and the development of affected regions. Particular attention is given to assessing economic damage, including a decline in Gross Regional Product (GRP), losses in fisheries, tourism, and agriculture, as well as reduced tax revenues and increased social costs. The application of comprehensive assessment methods enables accurate determination of loss scales and the formulation of sound recovery strategies, thereby reducing the risk of recurring environmental disasters and ensuring sustainable longterm development.

Economics Theory and PracticeVol. 77(1)
Openalex Percentile: Top 77%
Economic and Technological Developments in Russia
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