Title: Environmental determinants of energy-efficient transformation of national economies for sustainable development

Authors: Oleksandra Karintseva; Mykola Kharchenko; Emmanuel Kwesi Boon; Oleksandr Derykolenko; Vladimir Melnyk; Oxana Kobzar

Addresses: Department of Economics, Entrepreneurship and Business Administration, Oleg Balatskyi Academic and Research Institute of Finance, Economics and Management, Sumy State University, Sumy, Ukraine ' Department of Economics, Entrepreneurship and Business Administration, Oleg Balatskyi Academic and Research Institute of Finance, Economics and Management, Sumy State University, Sumy, Ukraine ' International Centre for Enterprise and Sustainable Development, 38 Adjirigano Street, East Legon, Airport-Accra, Ghana ' Department of Economics, Entrepreneurship and Business Administration, Oleg Balatskyi Academic and Research Institute of Finance, Economics and Management, Sumy State University, Sumy, Ukraine ' Department of Business Administration, Carlos III University of Madrid, Getafe, Madrid, Spain ' Citibank, Geneva, Switzerland

Abstract: Energy-efficient transformations of national economies constitutes a mechanism that will facilitate the creation of an effective national social reproduction system. This paper investigates the national economic structure of Ukraine to determine the level of eco-destructive impacts caused by human and industrial activities at the following four levels: low, average, high and critical. Environmental risk assessment was the methodology adopted for evaluating the impacts of different kinds of economic activities in Ukraine. Three indicators used for determining the impact of eco-destructive activities are environmental costs, environmental cost intensity, and environmental risk. Using Sumy States as a case study, the investigation evaluated relevant ecological and economic indicators and determined the average annual environmental costs of production in Ukraine.

Keywords: environmental costs; environmental cost intensity; environmental risk; eco-destructive activities; environmentally hazardous industries.

DOI: 10.1504/IJGEI.2021.115148

International Journal of Global Energy Issues, 2021 Vol.43 No.2/3, pp.262 - 274

Received: 30 Sep 2019
Accepted: 23 Sep 2020

Published online: 07 May 2021 *

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