Multivectority of ecological and economic assessment of water resources of Ukraine
Authors: Sakharnatskyi V. 
Published: May 2024

The financial and economic mechanism of balanced use of natural resources includes a wide specification of environmental, organizational, economic and financial instruments. The author's vision of the multi-vector nature of the ecological and economic assessment of water resources is outlined, which is a comprehensive approach to the analysis of the use and management of water resources for making informed decisions with the determination of priorities for Ukraine. It is substantiated that formation of fundamental scientific bases for the evaluation of water resources of Ukraine should be based on the use of ecological and economic approaches, in particular: ecological dimension, economic analysis, social dimension, technical analysis, legal and regulatory context, risk analysis, climate change analysis, water infrastructure projects, water conflict management, environmental impact monitoring and assessment, alternative scenarios. A study of publicly available data on the assessment of the use of water resources of Ukraine was conducted. Based on the results of the study, we proposed the structure of a multi-vector model of the tools of the ecological and economic mechanism of water resources assessment, which is systematized according to interrelated instrumental blocks: ecological dimension — assessment of the impact of any water projects or activities on natural ecosystems, aquatic biological resources, and water quality; economic analysis — consideration of economic indicators; social dimension — assessment of the impact of projects on society; technical analysis — analysis of technical solutions, engineering aspects and technological parameters of water projects; legal and regulatory context — consideration of relevant legislative and regulatory requirements; analysis — risk assessment of possible risks and development of strategies for their management. The ecological and economic approach helps ensure balanced use of water resources, taking into account the needs of humanity and the requirements of the environment. On the basis of the multi-vector nature of the ecological and economic assessment of water resources, recommendations on environmental protection, optimal use of resources, social impact of projects, risk management strategies and other important aspects can be provided. The author's approach to theoretical-methodological approaches and methodological provisions regarding the formation of a model of tools for the ecological-economic mechanism of water resources assessment, the effective influence of which is aimed at balancing the ecological, economic and social components of the use of water resources of Ukraine, is proposed. It is substantiated that the functioning of multi-directional tools of the ecological and economic mechanism will ensure both greening and increasing the economic and social effectiveness of the use of water resources, the consolidation of management aspects around strategic tasks and priorities determined by the Basic principles of the state environmental policy of Ukraine for the period up to 2030.