Substantiation of the optimal method of financing the construction of a solid household waste management complex in the Odesa city

Kovalev Anatoliy
Doctor of Economics, Professor of Economics, Law and Business Management Department, Rector, Odesa National Economic University, Ukraine, e-mail: anatoliy.iv.kovalev@gmail.com, ORCID ID: https://orcid.org/0000-0002-6128-7012

Karpov Vladimir
PhD in Economics, Associate Professor of Economics, Law and Business Management Department, Odesa National Economic University, Ukraine, e-mail: 0682636461karpov@gmail.com, ORCID ID: https://orcid.org/0000-0002-9968-8380

Korolova Tetiana
PhD in Economics, Senior Researcher, Odesa National Economic University, Ukraine, e-mail: tskorolova@gmail.com, ORCID ID: https://orcid.org/0000-0002-0262-690X

Cite this article:

Kovalev, A., Karpov, V., & Korolova, T. (2024). Substantiation of the optimal method of financing the construction of a solid household waste management complex in the Odesa city [Obhruntuvannia optymalnoho sposobu finansuvannia budivnytstva kompleksu po povodzhenniu z tverdymy pobutovymy vidkhodamy u m. Odesi], Socio-economic research bulletin, Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 3-4 (90-91), pp. 9-23.

Abstract

The article considers theoretical and practical problems of choosing a method of financing the construction of a solid household waste management complex. The waste recycling market in Ukraine, which remains fragmented and heterogeneous today, is studied. There are certain shortcomings in infrastructure and technological solutions that require further improvement and development. However, in recent years, the awareness of the population and state authorities about the need for an environmentally friendly lifestyle and waste management has been growing. Recycling is becoming an increasingly relevant and important component of the countryʼs environmental policy. The article analyzes foreign and domestic experience in the processing of solid household waste (SНW). It is determined that in the member states of the European Union significant attention is paid to the quality of the environment and human health. Every year the problem of environmental pollution becomes more and more relevant. The main direction of the environmental protection policy of European countries is to minimize the negative impact on the environment. In particular, this means that one of the priority directions is the sphere of household waste management. The relevance of the study is determined by the fact that the problem of effective household waste processing is acute in Odessa city. In 2024, a project for the construction of a solid household waste management complex was presented to the Odessa City Council. Based on the analysis of the project, financing options for the construction and implementation of the project are proposed. The article provides a developed methodology for assessing financing options for such projects. The practical value of the study is that the presented methodology is relevant for all economic entities and can be applied in the territory of Odessa city and its agglomeration regardless of the functional use of the facility.

Keywords

solid household waste; effective project; project stages; project financing; project efficiency.

JEL classification: H800; DOI:https://doi.org/10.33987/vsed.3-4(90-91).2024.9-23

UD classification: 33.711

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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