Implementation of environmental principles of sustainable development in the mining region

¹ Plekhanov Russian University of Economics, Academic Department of Political Economy and History of Economic Science, 117997, Moscow, 36 Stremyanny lane, Russia
² National university of oil and gas «Gubkin University», Department of oil and gas industry, Faculty of Economics and Management, 119991, Moscow, 65 Leninsky prospekt, Russia

^∗ Corresponding author: evgeniyashavina@gmail.com

Abstract

The extractive regions are experiencing both the economic problems associated with the depletion of the resource base and the relative development of other industries, as well as the environmental problems caused by the depletion of the bowels and the use of backward equipment. On the path of sustainable development, it is essential to envisage areas that can improve efficiency. The authors of the article highlighted two main areas: management and innovation. The first area is implemented by two approaches: authoritarian governance and multi-stakeholders’ initiatives (MSI). MSI is more effective, but at the same time only possible if there are developed and interested initiative participants. It allows us to discuss key issues together, as well as increases the degree of cooperation of companies in the regions. Voluntary initiatives have been made possible by increased attention to environmental issues and the transition to green mining. On the part of innovation, the authors note the importance of supporting them, as new technologies not only improve efficiency, but also reduce emissions and improve safety of working conditions. Encouraging innovation is possible both on the part of the companies themselves, which should be targeted assistance from the authorities, and through the mechanism of innovative vouchers, which result in practical and economically feasible technologies.