THE ROLE OF PUBLIC-PRIVATE PARTNERSHIP IN REALIZING ECOSYSTEM SERVICES OF FORESTRY INDUSTRY
Journal Title: ЕКОНОМІЧНИЙ ДИСКУРС - Year 2018, Vol 1, Issue 3
Abstract
The forest is a complex ecosystem whose natural capital is based not only on the reserves of material natural resources, but also on various ecosystem services. However, the modern world economy does not fully take into account the weighty financial and economic potential of the values of forest ecosystems. That is why the study of economic relations, in particular the tools of public-private partnership in the production and sale of ecosystem services, becomes an essential scientific direction for balanced forestry. The following research methods are used to perform the tasks: monographic (processing of scientific publications, regulatory documents, statistical data); analysis and synthesis (substantiation of the methodology of the systemic study of the development of public and private partnership in the implementation of ecosystem services); experimental (substantiation of the approach to the use of tools of public and private partnership in the implementation of ecosystem services of the forestry industry); abstract and logical (theoretical generalizations and formulations of conclusions). It was determined that one of the most effective tools for balancing the interests of participants in the market of ecosystem services in forestry, as well as ways of attracting investment in the development of ecosystem services in the forestry sector is public-private partnership. A well-founded structural-logical scheme of a public-private partnership in the production and sale of ecosystem services in the forestry sector. The factors for the development of public-private partnership in the production and sale of ecosystem services in the forestry sector are identified. To make effective management decisions on the interaction of state authorities and private business entities, it is important to correctly take into account the economic value of ecosystem functions in order to form a system of financial support for the services they provide. In addition, stimulating the development of the ecosystem services market in Ukraine requires the implementation of a number of institutional and regulatory measures based on the principles of public-private partnership, which will allow business entities to simultaneously provide full ecosystem services to recipients and minimize the damage to ecosystems in the business process.
Authors and Affiliations
Oksana Komorna, Iryna Nykytiuk
Keywords
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