Development of Green Technologies in Ukraine’s Agribusiness

Authors

  • Tetiana Shterma PhD in Economics, Associate Professor, Dean of the Faculty of Information Technology and Economics of the Private Higher Educational Institution “Bukovinian University”, Chernivtsi, Ukraine https://orcid.org/0000-0002-7623-3738
  • Vadym Suchu Candidate for a Doctor of Philosophy in Finance, Banking and Insurance of the Private Higher Educational Institution “Bukovinian University”, Chernivtsi, Ukraine https://orcid.org/0009-0005-5031-8222
  • Serhii Bashlai PhD (economic sciences), Associate Professor of the Department of Biotechnology and Chemistry of the Sumy National Agrarian University, Sumy, Ukraine https://orcid.org/0000-0002-2247-5440

DOI:

https://doi.org/10.5281/zenodo.14516074

Keywords:

sustainable development, ecological efficiency, agricultural innovations, renewable resources, organic production, biotechnological agricultural production

Abstract

The development of green technologies in Ukraine’s agribusiness has been studied as a key direction for ensuring sustainable development, enhancing the competitiveness of the sector, and minimizing the negative environmental impact. The relevance of this issue is driven by global challenges, including climate change, the depletion of natural resources, and the need to comply with international environmental standards. It has been established that Ukraine has significant potential for implementing innovative solutions due to its natural resources; however, their realization is hindered by financial, technical, and institutional barriers. The purpose of the study is to analyze the main approaches to implementing green technologies in Ukraine’s modern agricultural production, outline their ecological and economic benefits, identify key problems, and formulate recommendations for stimulating sustainable development in the sector. The research employed methods of comparison, analysis, and synthesis, which enabled an assessment of the current state of innovative technologies in Ukraine and their comparison with international practices. The results of the study determined that the main areas of implementation of green technologies are organic farming, precision agriculture, the use of renewable energy sources, and digitalization of management. It was found that large agricultural holdings partially integrate these technologies into their production processes, whereas small and medium-sized farms face constraints due to insufficient funding and technical support. International experience, particularly in the EU and the USA, demonstrates a higher level of accessibility to innovative solutions, supported by state assistance, grant financing, and advanced infrastructure. The conclusions emphasize the need to develop systemic state support programs aimed at financing the implementation of green technologies, improving the regulatory framework, and introducing educational initiatives to increase the technical competence of farmers. The prospects for further research include analyzing the long-term economic efficiency of green technologies, developing mechanisms for adapting innovative solutions to the conditions of Ukraine’s agricultural sector, and studying the integration of automated systems into production processes.

Published

2024-12-18

How to Cite

Shterma, T., Suchu, V., & Bashlai, S. (2024). Development of Green Technologies in Ukraine’s Agribusiness. Achievements of the Economy: Prospects and Innovations, (13). https://doi.org/10.5281/zenodo.14516074

Issue

Section

Development of productive forces and regional economy