An insurance fund as a tool for preserving and accruing the innovative and environmental potentials of economic systems

Abstract

Considering the 2030 Russian Federation environmental policy and the Environmental Safety Strategy for the period until 2025, which make us re-evaluate the role of insurance as a whole, expanding it to include environmental insurance and environmental innovations, we determine four main types of environmental investments in sustainable innovations. Additionally, we look into the possibility of further development of environmental insurance in view of sustainable economics.