Investment instruments for managing innovative transformations of the agricultural sector to ensure sustainable development in the context of globalization

Abstract

Current financial instruments have been evaluated to ensure the increase of investment resources in the face of the current global challenges and to ensure sustainable development. The positive impact of globalization processes on the agricultural insurance market has been confirmed, which has led to the use of new innovative tools. The importance of creation of the Infrastructure Investment Fund for solving strategic tasks of development of the agricultural sector of the national economy by expanding the volume of financing at the expense of the Fund of subjects of agribusiness, foreign investment of agro companies and attracting them to tenders of international organizations is substantiated. The mechanism of selection of agribusiness entities was developed based on a comprehensive assessment of their compliance with the requirements of attracting the studied financial instruments. The authors conclude that there are positive changes in the agricultural sector of Ukraine due to various financial initiatives that have been launched in recent years. However, the country is only at the initial stage of successful implementations that will help increase the investment attractiveness of national agricultural producers in the future. The authors note that the choice of financial instruments for the transfer of investment resources for agribusiness should be made depending on many factors. The authors emphasize the expediency of creating a Fund for Infrastructure Investments in the agricultural sector in Ukraine with a mixed principle of income generation. Such a fund should include infrastructure projects in the agricultural sector, the development of production facilities for processing agricultural products, soft loans, and more.