Subject. Improving the effectiveness of environmental policy in territories with a special environmental management regime, which are characterized by a lower stimulating potential of traditional market mechanisms. Objectives. Development of a methodology for allocating limited budget funds between key economic instruments to maximize eco-efficiency and socio-ecological and economic sustainability. Methods. A formalized optimization model is proposed for allocating limited budget funds between key economic instruments to maximize two targets – eco-efficiency and socio-ecological and economic sustainability, taking into account synergetic effects and budget constraints. Results. Practical testing of the model based on data from the Republic of Buryatia for 2025-2027 revealed that the maximum cumulative effect on the target indicators of eco-efficiency and socio-ecological and economic sustainability is achieved by redistributing costs in favor of targeted subsidies that stimulate environmental modernization. Conclusions. Based on the calculation results, the need for a transition from direct budget financing to a mechanism for stimulating market demand for environmental technologies through targeted subsidies is substantiated. For territories with a special nature management regime, this approach creates conditions for preserving natural capital while ensuring sustainable socioeconomic development.
Keywords: environmental policy, special nature management regime, Republic of Buryatia, eco-efficiency, multi-criteria optimization
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