Economic mechanisms of nature protection: efficiency and prospects of application in the conditions of the modern dynamically changing world

Plekhanov Russian University of Economics, 115093 Moscow, Russia

^* Corresponding author: nkhirsh@list.ru

Abstract

This article examines the economic mechanisms of nature protection and their effectiveness in the modern dynamically developing world. The authors discuss various economic instruments that are used to reduce the harmful effects of humans on the natural environment and evaluate their effectiveness in achieving their goals. It provides an overview of the main problems related to nature protection and environmental sustainability in the modern world, discusses various economic mechanisms of nature protection, such as taxes, fees, emissions trading and environmental certificates. Examples of successful implementation of these mechanisms in various countries of the world are described and their effectiveness is analysed. In conclusion, the authors summarize and conclude that economic mechanisms of nature protection can be an effective way to combat environmental problems in the modern world. However, in order to achieve maximum effect, it is necessary to work together with the government, business and the population, as well as to improve the legal and institutional framework for the implementation of these mechanisms. It is important to make sure that these measures will not lead to negative social consequences for the population and business, and also do not have a negative impact on the economy as a whole. The article emphasizes the importance of using economic mechanisms of nature protection in the modern world and calls for a wider application of these mechanisms in various countries and regions of the world to achieve environmental sustainability and preserve natural resources for future generations.