Green Economy Development Progress in the Republic of Buryatia (Russia).

Under current conditions, the green economy concept has received a comprehensive response in achieving the sustainable development of regions. However, measuring green economic development progress is dynamic, quantitatively characterized by indicators reflecting various aspects. The difficulty lies in a comprehensive environmental sustainability assessment in a context that includes the territory's environmental, social, and economic factors. The study aimed to assess the progress of the Republic of Buryatia's (Russia) "green" economic development. The proposed methodology for constructing a composite index is based on five dimensions' aggregation-resource efficiency, environmental efficiency, environmental quality of life, natural assets, and institutional factors. The composite index helped generalize the complex processes of the region's environmental-socio-economic development. Its main feature is the reflection of the environmental specificity of the territory. We built a mid-term forecast of the composite and sub-indices, determined their future trend, and assessed the opportunities and conditions for the fastest transition of the Republic of Buryatia to a green economy. The developed composite index is a key tool for regulating green economic development progress, determining prospects, and region management. This paper attempts to fill the gap in a comprehensive assessment of the Republic of Buryatia's current situation using a composite index.

Socio-Economic Factor Impact on the Republic of Buryatia (Russia) Green Economic Development Transition.

Sustainable green development and environment preservation problems are relevant for unique territories with special economic activity modes, such as the Baikal natural territory. Within Russia, the Republic of Buryatia serves as the model territory for the Lake Baikal ecosystem preservation. Determining the socio-economic development impact on the region's natural environment and resolving contradictions in transition to the green economic development requires the systematization of economic, social, and environmental processes of quantitative information based on the construction of composite indicators. We construct a composite indicator to assess the socio-economic factor's impact on the Republic of Buryatia's current economic state and to compare the current environmental subsystem state and the socio-economic parameters of Buryatia to the average Russian level. We use multiple regression models to determine relationships between various environmental-socio-economic parameters and identify the factors that most impact the environmental states (situations). The measures taken to preserve the unique ecosystem of Lake Baikal have an actual effect. This study shows, that according to the accepted scale, the environmental situation in the region can be characterized as a step towards the green economy transition. The proposed sustainable green development criteria and tools assessment system of the Republic may serve as the basis for forming information and analytical support for an effective economic policy.