About the Necessity of Legislation Enhancement in Order to Stimulate the Formation and Development of Environmental Services Sector for Water and Wastewater Treatment in Russia

Summary

The intensive development of the global market of environmental services, water supply and wastewater treatment services constitute a considerable proportion, is one of macroeconomic tendencies. Foreign experts note the underdevelopment of this sector in Russia. The issues of functioning and prospects of development of the environmental services sector for water supply and wastewater treatment in Russia with due regard for legal and organizational aspects are considered. Key obstacles to the development of ecological industry and innovations (imperfection of the legislation and institutional environment, the scantiness of investment activity of private investors) are identified. Suggestions about the need to take legislative, administrative and organizational measures to stimulate the development of the environmental services sector for water supply and wastewater treatment are made.

Key words

water supply , wastewater treatment , pollutants , technological rate setting , environmental services , investment project