Directions for Improving the Environmental Project Efficiency Assessment Methodology

Improving the methodology for evaluating real investment projects in the field of environmental protection is possible in two classical scientific directions. The first is related to the theory and methodology of cognition using a rational methodological approach, as well as on the basis of identifying the genesis and evolutionary development of the theory and methodology for evaluating the effectiveness of green investment projects. The second determines the empirical path of specific mathematical calculations by projecting the classical methodology of financial mathematics and mathematical logic on the methodology for evaluating the economic efficiency of real investment projects in the field of environmental protection. It is proposed to use the main rational and empirical methodological approaches to improve the methodology for evaluating the effectiveness of real investment projects. Mathematical errors in the application of existing methodologies developed by UNIDO and the World Bank determine the cost-effective investment project in the category of unprofitable or inappropriate investments. The errors in the calculations for strategic capital-intensive projects amount to millions, and in some cases even billions of rubles. The author's concept will increase the mathematical accuracy and efficiency of the management of the national innovation economy.