FORMING TERRITORIAL MODEL OF FINANCIAL AND ECONOMIC STIMULATION OF SECONDARY RESOURCE USE: PREREQUISITES AND PRIORITIES

Keywords: waste, secondary resource use, stimulation, decentralization, local budgets, territorial community

Abstract

The article deals with the expediency of activating the processes of secondary resource use as an important prerequisite for increasing the material base of industrial production and ensuring the energy self-sufficiency of the country, regions and territorial communities of the basic level under conditions of martial law. It is examined that speeding up activation of secondary resource use processes depends on decentralization of industrial and household waste management processes. It is substantiated that the key element of the decentralization of waste utilization management is developing territorial model of financial and economic stimulation of secondary resource use, which will include a complex of methods, tools and levers of regulatory influence on business entities, their associations and households carrying out activities, associated with the placement, sorting, transportation, utilization and disposal of industrial and household waste. It is proved that territorial model of financial and economic stimulation of secondary resource use should be based on the following institutional and methodological prerequisites: monitoring, accounting and inventory of waste; assessment of the waste volume and value, as well as the amount of losses associated with the waste disposal; institutional and property as well as permission and licensing support by local authorities in the field of waste utilization management; organization of entities consultation system about waste utilization management and digitization of secondary resource use at the regional and municipal level. It is proved that such institutional and methodological prerequisites for forming territorial model of financial and economic stimulation of secondary resource use should determine a set of budgetary, tax and credit instruments of influence on waste utilization management entities. It is substantiated that despite the deepening the processes of fiscal and budgetary decentralization, at the level of the region and territorial communities of the basic level, the list of financial instruments for stimulating secondary resource use is excessively narrowed, which requires their diversification and differentiation through making changes and additions to the legislation on waste, budget and tax legislation and legislation on local self-government.

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Published
2022-12-27
How to Cite
Nedopad, H. (2022). FORMING TERRITORIAL MODEL OF FINANCIAL AND ECONOMIC STIMULATION OF SECONDARY RESOURCE USE: PREREQUISITES AND PRIORITIES. Economy and Society, (46). https://doi.org/10.32782/2524-0072/2022-46-59
Section
FINANCE, BANKING AND INSURANCE