Abstract
Purpose: The purpose of the article is to analyze the effect of environmental protection made by government on economy and politics. As the environmental problems become more and more discussed nowadays, the theme is topical.
Methodology: The main method discovers the connection between growing environmental danger which is supported by statistics and current economy which is in stable contact with the nature itself.
Results: As it is explained, not only government can benefit from environmental protection. As business involves in its strategy environmentally friendly actions, it gains the support from the government with lower taxes or grants, and from ordinary people who take care of the nature. This mechanism is similar with business investment system – with some improvements the company can get profit.
Value: The topic is extremely relevant in Russia as in country with such large natural wealth. With economic problems it is becoming harder to invest money in environmental protection both for business and government – that is why this problem is necessary to solve.
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Vasyunin, E.A., Dmitriev, A.A., Lipatova, I.V. (2021). Economic and Institutional Aspects of Environmental Protection. In: Shakirova, O.G., Bashkov, O.V., Khusainov, A.A. (eds) Current Problems and Ways of Industry Development: Equipment and Technologies. Lecture Notes in Networks and Systems, vol 200. Springer, Cham. https://doi.org/10.1007/978-3-030-69421-0_81
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DOI: https://doi.org/10.1007/978-3-030-69421-0_81
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