FINANCIAL PROVISION MANAGEMENT FOR THE ENVIRONMENTAL PROTECTION OF THE TRANSBORDER REGION

Abstract

The aim of the article is to conduct a comparative analysis of the Volyn region (Ukraine) and Lublin Voivodeship (Republic of Poland) environmental protection financing. As well as to determine the level of partnership participation in the financing of the environmental measures within the cross-border region. The system of financial support for environmental protection in the cross-border region is explored in the article. The content of the transboundary natural resources management mechanism is considered. The main sources of funding for environmental measures in the Volyn region and Lublin Voivodeship are identified. A comparative analysis of the dynamics and structure of current costs spent and capital investments for the environmental protection of the Volyn region and Lublin Voivodeship is carried out. It is determined that the structure of environmental protection expenditures within the cross-border region is dominated by costs spent on the protection of water resources, air, waste management, and biodiversity conservation. Linear trend models were built for the amount of funding in Volyn Oblast and Lublin Voivodeship using the trend forecasting methodology. The forecast of the dynamics of the environmental protection financing within the cross-border region for 2022-2023 is determined by the method of extrapolation. Determination of the degree of cooperation in the field of transboundary natural resources management and the division of responsibilities between its key players are important aspects of the financial model’s effectiveness. The degree of cooperation in the field of transboundary natural resources management, including independent control, dialogue, cooperation, coordination mechanisms and joint management is revealed in the article. It has been proved that the cross-border relations within the Volyn region and the Lublin Voivodeship are at the level of cooperation. But it is noted that efficiency will be achieved only at the level of joint cross-border management in this area. The main tools of integrated management of financial support for environmental protection are identified. The distribution of partnership participation in the financing of environmental measures is proposed depending on their location in the border areas of Volyn region and Lublin Voivodeship.

Keywords

• trans-boundary natural resources
• management
• financial mechanism
• environmental protection
• costs and revenues