Environmental Costs Management of the Project: The Experience of Russia and Mongolia

Open access


The paper is devoted to the assessment problems of the ecological costs management of the production in the project activity. The authors study the conditions of preparation and implementation of investment projects to eliminate accumulated environmental damage in the context of “green” economy. The technogenic deposits’ use approaches are considered for the purpose of the production costs optimization. The paper explains the necessity of building the fund liquidation (a fund for future generations) in the depletion of resource base of the enterprise. The proposed mechanism for the management of environmental costs in project activities can be used at the enterprises of Russia and Mongolia. For example, the Mongolian-Russian mining company “Erdenet” in Mongolia shows the direction to reduce costs and production costs through the implementation of measures for resource and energy efficiency, involving economic circulation of off-balance ores and tailings.

If the inline PDF is not rendering correctly, you can download the PDF file here.

  • Alnykina E. M. Gengut I. B. (2015). Models and methods of strategy development companies to eliminate environmental violations. Strategic Planning and Business Development. Materials XVI All-Russian symposium. Section 2 Moscow: CEMI pp. 10-12.

  • Erdenet Mining Corporation. (2015). Retrieved from http://www.erdenetmc.mn.

  • Fomenko A. (2013). The use of man-made accumulations and off-balance ores of non-ferrous metals in the context of environmental Economics. Mining journal 2 93-95.

  • Gassiy V. Gengut I. (2015). Innovative Approaches to Formation of Industrial Clusters in the Mining Industry. ICIED 2015: The International Conference on Innovation and Entrepreneurship Development. Ulaanbaatar: Mongolian University of Science and Technology Mongolia pp. 16-18.

  • Namnyambuu B. (2014). Analysis of trends in the environmental component of production costs mining enterprise in the conditions of exhaustion of the resource base. System analysis and modelling of economic and ecological systems. Ecology. Economy. Computer science. Sat. articles of the all-Russian Conf. Rostov-on-don: Publishing house of the southern Federal University 1 274-279.

  • National Statistical Office of Mongolia. (2015). Retrieved from www: //nso.mn/

  • Narankhuu H. Enkhtuya P. (2007). Development Strategy SP “Erdenet” for the period until 2015. Mining journal 9 9-11.

  • Nyamdorj D. (2015). Ecological and Economic SWOT-analysis of the mining enterprise “Erdenet”. Theory and practice of economic regulation of natural resources and environmental protection. Proceedings of XIII International scientific-practical conference of the Russian Society for Ecological Economics (pp. 238-243). Moscow.

  • Maam X. (2009). Innovation: The Way to the development of Mongolia. Innovations: Mongol ulsyn hogzhiliyn Harz Ulaanbaatar. pp. 20-22.

  • Potravny I. M. Alnykina E. M. (2015). On the question of performance criteria in the evaluation of investment projects in the environmental field. Modern problems of project management in the field of investment and construction and environmental management. Proceedings of V International scientific and practical conference (pp. 218-223). Moscow: Grief and K.

  • Potravny I. M. & Nyamdorj D. (2015). Economic evaluation of accumulated environmental damage at the closing of the mine ore mining and processing enterprise. Ecology. The Economy. Computer science. Coll. articles “System analysis and modelling of economic and ecological systems.” Rostov-on-Don: Publishing Junior Federal University 2 505-510.

  • Potravny I. Motosova E. (2014). Economic mechanism for implementation of ecological policy in subsoil use. Mining journal 12 pp. 27-30.

  • Research Tools in Natural Resource and Environmental Economics (2011). Ed. by Amitrajeet A. Batabyal and Peter Nijkamp. London: World Scientific Publishing. p. 400. http://dx.doi.org/10.1142/7496

  • Resolution IV all-Russian Congress on environmental protection. (2013). Retrieved from http://www.mnr.gov.ru/regulatory/detail.php?ID=131936&spetial=Y/

  • Russian Federation Government (2014). Retrieved from http://government.ru/media/files/iOdZdo6HLmc.pdf

  • The Economics and Politics of Climate Change (2011). Ed. by Dieter Helm and Cameron Hepburn. New York: Oxford Review of Economics Policy. p. 538.

  • Vega A. Fomenko A. Potravny I. (2012). The efficient use of resources as a factor of increasing environmental and energy efficiency of the economy and ensuring social standards of living of the population. Plekhanovsky research Bulletin 1(1) 45-60.

Journal information
All Time Past Year Past 30 Days
Abstract Views 0 0 0
Full Text Views 234 101 6
PDF Downloads 120 73 3