Sustainable forest management as a basis for economic security

Abstract

The paper discusses the prospects for the future of the economy and the possibility of its development within national projects. We focus our attention on the relevance of sustainable territory development and environmental protection. The trend of today is green economy and therefore, green energy and green technologies. Ensuring economic security is considered from the perspective of sustainability. The conclusions made are related to the increase of competitiveness by means of innovative development. Sustainable management of forest ecosystems suggests long-term forest preservation through direct and indirect financing of innovative activities. The directions of stable and sustainable economic development are highlighted, the implementation of the scientific research results and applied developments in the economic turnover being among the most promising ones. A method for constructing an integral index of sustainable forest management by using a group of indicators is proposed. 6 macro-indicators with corresponding micro-indicators reflecting the process of sustainable forest management were taken into account. Individual indicators are interpreted as concurrent ecological and economic, ecological and socio-economic, socio-ecological. It is important to form and evaluate the construction of an aggregated indicator. Attention is focused on the use of innovations that are competitive in the domestic and world markets of forestry products. The methods of innovation management are based on the creation of territorial-industrial forest clusters with the rational use of natural resource potential being taken into account.