The Importance of Changing Natural and Climatic Conditions in Investment Projects

Author:

Frolenkova Nadiia1

Affiliation:

1. National University of Water and Environmental Engineering, Ukraine

Abstract

The article focuses on the actual scientific and practical problem of accounting for the influence of meteorological and climatic factors in the technical and economic calculations in the field of environmental management. It has been proven that the introduction of scientifically sound and effective methods of using meteorological and climatic information in economic calculations significantly reduces the loss caused by weather conditions and improves the implementation of an optimal strategy for agricultural production on reclaimed lands. Such calculations are based on economic and statistical modelling of different variants that account for standard hydrometeorological information in the implementation of design, management, and economic decisions. This increases the validity and reliability of calculations, as well as their compliance with the actual operating conditions of environmental and economic facilities. Consequently, this attracts increased interest from both public and private investors.

Publisher

IGI Global

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