STRUCTURAL ELEMENTS OF THE FINANCIAL SUPPORT MECHANISM FOR SUSTAINABLE DEVELOPMENT OF THE AGRICULTURAL SECTOR
DOI:
https://doi.org/10.32689/2523-4536/78-12Keywords:
sustainable development, agricultural sector, financial support, financial mechanism, structural components, subsidies, green leasing, climate insurance, biodiversityAbstract
This article explores the need for a comprehensive financial mechanism to support sustainable development in the agricultural sector, driven by the increasing challenges of climate change, environmental degradation, and rural vulnerability. The aim of the study is to define and systematize the structural elements of a financial support mechanism capable of ensuring the long-term sustainability of the agricultural sector. The research is based on a combination of methods, including structural-functional analysis, systematization, and comparative generalization. The methodology enables the identification of core functional components and their interrelations within a unified model. The study identifies and describes eight key components of the mechanism: institutional, regulatory, financial, organizational-management, instrumental, informational-analytical, supervisory, and motivational. Each of them plays a specific role in the mobilization, distribution, and efficient use of financial resources to support sustainable agricultural practices. The results of the study include a proposed structural model that integrates diverse tools such as subsidies, tax incentives, green leasing, insurance mechanisms, and biodiversity incentives, coordinated through digital technologies and management systems. The findings reveal how coordinated interaction between components contributes to ecological efficiency, economic viability, and social responsibility in agricultural policy. The model also highlights the role of inclusive governance, adaptive management, and transparency in improving financial performance. The practical value of the article lies in offering a structured foundation for developing financial instruments and state policy measures that enhance rural resilience, support innovation, ensure environmental stewardship, and expand access to finance for sustainable agriculture at both national and regional levels. In the long term, such a mechanism can significantly contribute to strengthening the economic competitiveness and environmental integrity of the agricultural sector.
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