Subsidization of the Extractive Industry in Ukraine: Economic, Institutional and Environmental Dimensions

The article explores the transformation of state support policy in the extractive sector of Ukraine in the context of sustainable development challenges. It analyzes the mechanisms of subsidy reorientation in line with the United Nations Sustainable Development Goals, with a focus on environmentalization, innovation, and enhancing the efficiency of budget resource allocation. The necessity of strengthening community engagement, developing public-private partnerships, and ensuring transparency in the procedures for providing state support to subsoil-using enterprises is substantiated.

Authors

Publication Details

Journal
Economic Herald of the Donbas
Published
2025-01-01
DOI
https://doi.org/10.12958/1817-3772-2025-2(80)-29-42
Primary Topic
Natural Resources and Economic Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Subsidization of the Extractive Industry in Ukraine: Economic, Institutional and Environmental Dimensions

V. Ostrovetskyy
Economic Herald of the Donbas
Natural Resources and Economic Development
article

Subsidization of the Extractive Industry in Ukraine: Economic, Institutional and Environmental Dimensions

V. Ostrovetskyy
article en

Abstract

The article explores the transformation of state support policy in the extractive sector of Ukraine in the context of sustainable development challenges. It analyzes the mechanisms of subsidy reorientation in line with the United Nations Sustainable Development Goals, with a focus on environmentalization, innovation, and enhancing the efficiency of budget resource allocation. The necessity of strengthening community engagement, developing public-private partnerships, and ensuring transparency in the procedures for providing state support to subsoil-using enterprises is substantiated.

Economic Herald of the Donbas(2 (80))
Openalex Percentile: Top 57%
Natural Resources and Economic Development
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Subsidization of the Extractive Industry in Ukraine: Economic, Institutional and Environmental Dimensions — V. Ostrovetskyy · Economic Herald of the Donbas (2025) | TGRS Research Map | TGRS