Issue |
E3S Web of Conf.
Volume 451, 2023
2nd International Conference on Environmental Sustainability Management and Green Technologies (ESMGT 2023)
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Article Number | 02013 | |
Number of page(s) | 7 | |
Section | Ensuring the Safety and Environmental Sustainability of Cities and Settlements | |
DOI | https://doi.org/10.1051/e3sconf/202345102013 | |
Published online | 20 November 2023 |
Eco-innovation and technology
Kadyrov Chechen State University, Grozny, Russia
* Corresponding author: bela_musaeva@mail.ru
The primary characteristic of environmental innovations is their versatility in addressing societal challenges aimed at enhancing environmental responsibility and raising public awareness. The shift towards a "green economy" through the utilization of innovative technologies represents the predominant trajectory for fostering sustainable growth and development over the next three decades.тA major impediment to the innovative endeavors of many Russian firms is the insufficient availability of equity capital. Furthermore, Russian commercial banks exhibit minimal interest in extending loans to innovative environmental initiatives due to their elevated risk profile and extended payback periods. The government also faces constraints in furnishing the requisite financial resources for advancing the environmental investment sector due to economic instability. In essence, funding for environmental innovation remains constrained, primarily limited to specific initiatives, such as the National Ecology Project. Consequently, the challenge of nurturing environmental innovation in Russia remains pertinent in the present day.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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