Economics and Business Management

Mechanisms for managing the financing of energy-efficient solutions in agricultural enterprises

Yuliia Nehoda, Oleksandr Labenko, Olena Zharikova
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Abstract

The purpose of this study was to establish approaches to the rational use of financial resources for the introduction of energy-saving technologies in agricultural production considering the operational characteristics of agricultural enterprises. In the course of the study, a comprehensive theoretical and analytical analysis of the mechanisms for financing energy-efficient measures was carried out, the availability of various types of financial support and criteria for the effectiveness of financial management were evaluated. Special attention was paid to the analysis of the state programme “Affordable loans 5-7-9%”, under which in 2024 agricultural enterprises received UAH 46.9 billion in loans, attracting 8,750 participants, and the total volume of bank lending to the agricultural sector amounted to more than UAH 104.5 billion. The role of international donors and grant programmes was also investigated, including support from the Food and Agriculture Organization in partnership with the European Union, the United States Agency for International Development, and the Ukraine – Local Empowerment, Accountability and Development programme, which contributed to the development of energy-efficient projects in the agricultural sector. The practical part of the study was based on the analysis of financial mechanisms and management decisions of the agricultural holding Myronivskyi Hlibproduct, in particular on the implementation of biogas complexes Biogas Ladyzhyn and Oril-Lider, which enabled a comprehensive assessment of the current financing models. The 24 MW Biogas Ladyzhyn complex provided electricity to more than 35,000 households annually, meeting about 40% of the needs of the agroindustrial cluster, while the payback period of the project was 7-8 years. The results showed that the combination of domestic resources, bank loans, state support, and international assistance created effective conditions for the modernisation of production and the introduction of innovative technologies. The practical significance of the study lied in the possibility of using its results to improve the system of financing energy-efficient projects, improve the efficiency of resource management, and support the sustainable development of the agricultural sector in the future

Keywords

investment; biogas; credit; resource; modernisation

Suggested citation
Nehoda, Yu., Labenko, O., & Zharikova, O. (2026). Mechanisms for managing the financing of energy-efficient solutions in agricultural enterprises. Economics and Business Management, 17(1), 28-46. https://doi.org/10.31548/economics/1.2026.28
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