Browsing by Author "Koval, Viktor"

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    Achievement of Sustainable Development Goals through the Implementation of Circular Economy and Developing Regional Cooperation
    (2022-06-01) Cudečka-Puriņa, Natālija; Atstāja, Dzintra; Koval, Viktor; Purviņš, Māris; Nesenenko, Pavlo; Tkach, Oleksandr; Juridiskā fakultāte; Tiesību zinātņu katedra
    Circular economy is a tool based on the inclusion of environmental, social, and governance performance (ESG) in decision-making to achieve sustainable development goals (SDG). In recent years, it has become clear that business-as-usual has nothing to do with sustainability, and alternative business models, primarily on technological grounds, must be implemented to mitigate the damage caused by significant and unpredictable effects of climate change. The current situation requires unprecedented and urgent changes to policies and business development models. The current research aimed to target on industrial symbiosis as one of the business models of the circular economy. It evaluated the benefits of symbiosis and the fostering of cooperation between industries and, consequently, has a major impact on resource efficiency ratios. The research is based on quantitative and qualitative research methods, including a literature review, assessment, and application of the triangulation method. As a result of this research, the authors realized a matrix for the development of regional or cross-country industrial symbiosis that can be used by policymakers to foster the development of symbiotic interconnections on a wide scale. The authors also recommend the development of the Baltic University Program (BUP) network center of excellence and methodological justification for industries to engage in industrial symbiosis (IS).
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    ALIGNMENT OF CIRCULAR ECONOMY BUSINESS MODELS FOR FRAMING NATIONAL SUSTAINABLE ECONOMIC DEVELOPMENT
    (2022) Atstāja, Dzintra; Cudečka-Puriņa, Natlija; Hrinchenko, Raisa; Koval, Viktor; Grasis, Jānis; Vesere, Rudīte; Rīga Stradiņš University
    Circular economy offers opportunities to boost jobs and tackle climate change. The article reflects aspects of the impact on the environment through sectoral policies to support the circular economy because current business as usual model, based on the linear economy principle leads to a staggering inefficiency in nature resources are managed, with increased pollution, loss of ecosystems and substantial losses of value with each product disposed. This requires a change not only in consumer behaviour but even more on the resource extraction and material production side. The purpose of the research paper is to develop a decision-making matrix providing a step-by-step approach for the policymakers
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    Construction Waste Management for Improving Resource Efficiency in The Reconstruction of War-Destroyed Objects
    (2022-06-30) Atstāja, Dzintra; Koval, Viktor; Purviņš, Māris; Butkevičs, Jānis; Mikhno, Inesa
    Introduction. Social and hostility conflicts in Ukraine have caused global changes and deterioration of the ecological and economic situation in numerous countries, resulting in higher risks to the population and giving the impetus to create a new innovative, cultural, and technological society. Greening principles, which have become popular in developed countries, are impossible to implement without the coordinated cooperation of states and their genesis in accordance with joint programs and development vectors. As a result, an increasing number of foundations and grants have recently been established to support eco-friendly products and solutions, assist in their adoption, and develop the organizational structure of an efficient system based on green economy principles, thereby improving global standards and regulations. Aim and tasks. The aim of the study is to develop a methodology for planning the modernization of constructed infrastructure, better resource efficiency, and reduce waste in the reconstruction of war-destroyed objects. Results. The best option for post-war waste disposal is the construction of mobile waste recycling complexes based on fractional waste recycling and its secondary use in further reconstruction of Ukrainian infrastructure, which after final restoration will be moved to safe areas around large cities and used as stationary waste recycling plants. To improve the environmental situation, one suggests building landscaped parks that will operate due to state-of-the-art technologies (obtaining natural energy, etc.) and creating a system of harmonious combination of anthropogenic infrastructure and natural areas, businesses, and public accessibility. Conclusions. The key goal of the reconstruction of Ukrainian territories is to establish an innovative, sustainable, and safe system of social existence by increasing the efficiency of actions and methods based on the principles of rational environmental management and increasing responsibility. When calculating the cost of the restoration of Ukrainian territories, one should take into account additional expenses caused by hostilities, which will be further considered as a stress factor having a cumulative negative impact and leading to disastrous consequences that can be estimated in monetary equivalent as the sum of the price of restoration of components of the ecological, economic, and social system under the effect of a set of factors resulting in negative changes and damages.
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    Ensuring sustainable development of enterprises in the conditions of digital transformations
    (2021-06-30) Demianchuk, Maryna; Koval, Viktor; Hordopolov, Volodymyr; Kozlovtseva, Valentyna; Atstaja, Dzintra
    Modern enterprises are dynamically developing due to the fourth industrial revolution, contributing to the introduction of innovative infocommunication technologies in most business processes, thereby shaping and developing the digital economy. The aim of the article is to substantiate the concept of sustainable development of enterprises in the context of digital transformations. The theoretical and methodological foundations of sustainable development at different levels of the hierarchy have been determined. The concept of sustainable development of enterprises has been developed, the implementation of which is aimed at harmonizing the economic, environmental and social activities of the enterprise. The stages of the process of implementing the concept of sustainable development of enterprises are highlighted, providing for the justification of an inert, neutral, progressive or forced vector. Ensuring the implementation of the concept of sustainable development is expected through the use of applied models, in particular, the implementation of a parametric model of joint deployment of enterprise infrastructure with other infrastructure facilities in economic activity, taking into account technical, geographical, organizational and socio-economic factors to strengthen financial stability; building a model for ensuring a balanced balance between economic efficiency and environmental and social responsibility of an enterprise using a mechanism for managing transformation processes in the process of transition to sustainable development in the context of digitalization.
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    Exploring sustainable urban transformation concepts for economic development
    (2021) Latvia, School of Business and Finance; Atstaja, Dzintra; Koval, Viktor; Uvarova, Inga; Mavlutova, Inese; Kuzmina, Jekaterina
    Nowadays cities face numerous challenges amplified to build necessary urban municipal and community capacity to ensure sustainability transformation to respond to the local and global challenges of climate change, inequality, and access to resources. This research combines the study fields of sustainability, economic development, governance of sustainability transformation, providing the multidisciplinary approach as a systemic-oriented view encompassing the social, technological and ecological aspects of urban transformation. The purpose of the paper is to explore how the concept of urban transformation could be operationalized for research of economic development under the economic strain assuming the emergency of Covid-19 grand challenge. The research methods used are a systematic literature review and the content analysis. The paper provides a detailed characterization of the urban transformation exploring this concept from the structure and system perspectives for the economic exit from the crisis.
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    Green Financial Instruments of Cleaner Production Technologies
    (2022-09) Koval, Viktor; Laktionova, Olga; Atstāja, Dzintra; Grasis, Janis; Lomachynska, Iryna; Shchur, Roman; Juridiskā fakultāte; Tiesību zinātņu katedra
    Despite the rather long period of solving environmental issues and research, the problems of attracting green financial instruments as sources of financing and stimulating the development and implementation of clean technologies have not been sufficiently studied. The aim of the study is to: conduct a theoretical analysis of the available data; identify trends and study green financial instruments and propose their classification; formulate hypotheses for the development of green financial instruments; and apply empirical methods of analysis to identify the dynamics of the development of environmental taxation in the EU budget. A theoretical analysis of available sources identified existing green financial instruments, which were classified as: (a) aimed at improving existing technologies for the production of goods and services through the development of greening and eco-modernization projects that contribute to the reduction of greenhouse gas emissions; (b) aimed at the development and implementation of innovative projects that change the technology for the production of goods and services, completely eliminating the emission of greenhouse gases. The hypotheses put forward for the study of the management of green financial instruments through the use of financial management mechanisms are formulated through theoretical analysis based on the environmental taxation of production technologies.
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    PREFACE
    (2023) Atstaja, Dzintra; Savina, Nataliia; Koval, Viktor
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    Sharing Model in Circular Economy towards Rational Use in Sustainable Production
    (2022-02-01) Atstaja, Dzintra; Koval, Viktor; Grasis, Janis; Kalina, Iryna; Kryshtal, Halyna; Mikhno, Inesa; Tiesību zinātņu katedra; Juridiskā fakultāte
    Changing business models is a topical issue in a pandemic. Recent research has shown that the search for environmentally friendly and sustainable solutions in various sectors has become relevant. The article aims to promote cooperation and adaptation of good practices between countries. Comparing the country’s history and economic situation and economic development and traditions can be seen as a precondition for success. The article examines the introduction of sharing economy and the creation of environment‐friendly trends establishing a circular economy by minimizing the population’s expenses, online business growth, and accessibility of Internet technologies. The article explores the difference between the linear economic model and the circular model by adopting sharing and the efficient joint use of materials to enhance and assess sustainable development. Based on a combination of theoretical and practical research, the article explores the dynamic system and development model of sharing a circular economy. The new concept of circular economy does not promote the overproduction of new goods but the rational use of already produced ones, which significantly reduces the amount of waste generated at all stages of the product life cycle. Population groups by different income groups for sharing services are analysed. An analysis of the price characteristics of popular sharing products was used from data from Internet portals. One concludes that due to the increase in Internet users, especially mobile apps, and social networks, C2C sharing has become quite popular over the past years. Other areas also show positive development indicators but have less demand, affecting supply. Based on an in‐depth study of the economic situation in Ukraine, the authors have critically chosen an industry to set as an example with the actual business situation. Therefore, three packages were created: pessimistic, standard and optimistic ones with different characteristics of implementing circular economic projects. The chosen method allows rational management decisions for attracting financing and sustainable solutions. The company’s business scenarios analysed in the article will allow to choose a system based on circular economy principles successfully.