Formation favorable, economically safe ecological environment and ensuring sustainable development

Abstract

This publication examines the implementation of the concept of sustainable development, which are increasingly becoming the object of research by scientists and practitioners. At the same time, special attention should be paid to the important fact, that, in practical terms, the solution of this problem is largely due to the formation of an economically safe and, as a consequence, favorable from the standpoint of the interests of entrepreneurs, an eco-environment, that provides their motivation for sustainable development. The study pays mainly attention to the development of an algorithm for solving methodological issues concerning, firstly, the essence and relationship of such concepts, as sustainable development and an economically safe business environment, favorable for investing in innovative processes. Secondly, the analysis of the ecological environment, as a systemic education and positioning in this system of the regional business environment. Thirdly, the development of approaches to the creation of a method for diagnosing the ecological environment, identifying and assessing the factors, that determine its economic security. Fourthly, the assessment of these factors in the form of an unsystematic component of investment risk. And, fifthly, which is important in practical terms, justifying the possibility in the reverse order, relying on the diagnostic results obtained, to determine, develop and implement specific measures to eliminate various kinds of factors, that negatively affect the formation of an economically safe ecological environment and, accordingly, on the development of an innovative activities and revitalization of investment processes, leading to the achievement of the SDGs.