Budgetary subsidies in management of green innovations
EDN: AHQBIN
Abstract
The transition to sustainable development highlights the role of green innovation, with budget subsidies serving as a key incentive. A study based on a 2024 report from the Irkutsk Region Ministry of Natural Resources shows that the regional practice of budget subsidizing environmental projects is primarily infrastructural and compensatory, rather than innovative. Funds are directed toward damage control rather than breakthrough technologies. Identified problems include formal performance assessment, a lack of environmental KPIs, and low business engagement. Subsidies potential fulfillment requires targeted programs, a reform of the assessment system with qualitative indicators, and differentiated support measures for industrial enterprises.
About the Authors
M. V. Kornyakov
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Michael V. Kornyakov, Doctor of Sciences (Engineering), Rector
Irkutsk
A. P. Kireenko
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Anna P. Kireenko, Doctor of Sciences (Economics), Professor, Director at the Institute
Baikal BRICS Institute
Irkutsk
T. Yu. Krasikova
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Tatiana Yu. Krasikova, Candidate of Sciences (Economics), Associate Professor
Department of Economics and Digital Business Technologies,
Irkutsk
R. D. Gutgarts
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Rimma D. Gutgarts, Doctor of Sciences (Economics), Professor
Institute of Information Technology and Data Analysis
Irkutsk
G. V. Zaorskiy
Irkutsk National Research Technical University
Russian Federation
Russian Federation
Grigoriy V. Zaorskiy, Doctor of Sciences (Economics), Professor, Professor of Centre
Centre of cybersecurity competence
Irkutsk
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Review
For citations:
Kornyakov M.V., Kireenko A.P., Krasikova T.Yu., Gutgarts R.D., Zaorskiy G.V. Budgetary subsidies in management of green innovations. Territory Development. 2026;(2 (44)):8-19. (In Russ.) EDN: AHQBIN
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