Peer-reviewed articles 17,970 +



Title: OPPORTUNITIES FOR IMPROVING FINANCING MECHANISMS USING PUBLIC-PRIVATE PARTNERSHIPS IN THE FIELD OF THE ENVIRONMENT IN BULGARIA

OPPORTUNITIES FOR IMPROVING FINANCING MECHANISMS USING PUBLIC-PRIVATE PARTNERSHIPS IN THE FIELD OF THE ENVIRONMENT IN BULGARIA
Metodi Ivanov
10.5593/sgem2025/5.1
1314-2704
English
25
5.1
• Prof. Dr. hab. oec. Baiba Rivza, LATVIA• Prof. DSc. Ildiko Tulbure, GERMANY• Prof. DSc. Oleksandr Trofymchuk, UKRAINE
This paper aims to identify and analyse opportunities for improving financing mechanisms in the environmental sector by exploiting the opportunities provided by public-private partnerships. The need to create conditions and opportunities for strengthening ecological financing mechanisms in Bulgaria is identified as an essential element through which sustainable development goals can be achieved, while also aligning regional and national environmental policies with European environmental policies. There is a growing interest in seeking innovative financing solutions to address environmental challenges. Public-private partnerships have emerged as a significant and promising approach that can increase the effectiveness and efficiency of using public and private resources. The role of public-private partnerships in creating the conditions for improving and allocating financial resources towards sustainable initiatives is undeniable. In this study, we will focus on the primary barriers and opportunities related to integrating public-private partnerships into environmental financing mechanisms. Based on this analysis, strategies are proposed to enhance the effectiveness and efficiency of both existing financial instruments and structures, as well as to leverage the potential of innovative models to address the identified issues and challenges. Based on the analysis of the specificities of public-private partnership arrangements, recommendations are provided to optimise financing modalities and achieve sustainable economic growth, while supporting environmental sustainability in various regions of the country. This article focuses on public-private partnerships and the potential application of innovative solutions to address local and regional environmental challenges, including waste management issues and opportunities for enhancing the utilisation of renewable energy.
[1] The European Court of Auditors, Special report Public-private partnerships in the EU – widespread shortcomings and limited benefits, 2018, available at https://op.europa.eu/webpub/eca/special-reports/ppp-9-2018/en/
[2] Jachowicz, A., Kogut-Jaworska, M., & Zawora, J., Investment activity of the territorial self-government in Poland, 2018, available at https://www.semanticscholar. org/reader/4092444dea2cbb38080b9e127abb1b470c364c7e
[3] Naydenov, Kl., Atanasov, D., Green city – future sustainable development and smart growth, GIS and cartographic support of ecological, economic and social aspects of sustainable development of territories, 2022, DOI: 10.35595/2414-9179-2022-1-28-35-42, available at http://intercarto.msu.ru/jour/data/z1/article1019.pdf
[4] Atanasova, A., Naydenov, Kl., „The innovative approaches for the development of smart cities.“ Smart Geography: 100 Years of the Bulgarian Geographical Society, 2020, p. 237-245, Springer, https://doi.org/10.1007/978-3-030-28191-5_19 [5] Petrov, K., Tsonkov, N. „Trends in the regional development of medium-sized municipalities with a population between 10 and 50 thousand in Eastern Bulgaria“. Edelweiss Applied Science and Technology, 2025, 9.1: 879-895., DOI: 10.55214/25768484.v9i1.4268, available to https://learning-gate.com/index.php/2576-8484/article/view/4268/1653
[6] Atanasova, A.; Naydenov, K. Perceptions of the Barriers to the Implementation of a Successful Climate Change Policy in Bulgaria. Climate 2025, 13, 40. https://doi.org/ 10.3390/cli13020040
[7] Misheva, St., „Implementation of the concept for sustainable development through study excursion in geography training“., International Multidisciplinary Scientific GeoConference: SGEM, 2020, 20.5.2: 757-763, DOI:10.5593/sgem2020/5.2/s22.093
conference
Proceedings of 25th International Multidisciplinary Scientific GeoConference SGEM 2025, Volume 25, Issue 5.1
25th International Multidisciplinary Scientific GeoConference SGEM 2025, Volume 25, Issue 5.1, 29 June - 6 July, 2025
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
705-712
29 June - 6 July, 2025
website
10523
public-private partnerships, environmental protection, sustainable development, financing mechanisms and instruments, ecological policies


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