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Green economy, green growth and sustainable development are currently very often used terms. There are many international organizations intensively involved in the field of green growth and sustainable development. Green growth, according to the OECD, is a way how to support economic growth and development, while protecting natural resources, so that we could continue to use the natural resources and environmental services, on which our prosperity depends. One of its aims, especially in developed countries, is green economy building and ensuring social and economic sustainable development. However, it is not always clear how to build a green economy or achieve social and economic activities in the sense of sustainable development. The European Union is a cluster of relatively homogeneous countries, based on similar social and economic development. Ensuring green growth and sustainable development should be a common, coordinated and targeted activity of all European Union countries. The main aim of the paper is to evaluate green growth and sustainable development in the European Union countries using the selected indicators of green growth and selected indicators of sustainable development, including assessment of interregional disparities. [ABSTRACT FROM AUTHOR]

The paper addresses the main strategic benchmarks of the urban water supply and sanitation systems. The authors have studied the results of the biggest Russian urban water supply companies operation for the last three year period. The indicators that were considered: financial profits, investments, losses of water, the structure of costs etcetera. The results were compared with world level parameters. Many companies have really effective investment programs. This activity is related with, on one hand, the forthcoming strengthening of environmental legislation starting in 2020 and, on the other hand, financial support instruments of government. In addition, key directions of development of water economy were analyzed. The socioeconomic development strategy of Russian Federation identifies the need to strengthen the role of private companies. That is why difficulties and pressures of some enterprises were revealed. Furthermore, the water supply industry in Russia is characterized by the modification of institutional administration system. In conclusion, the prospects of the water supply companies according to the improving legislation and state and regional policy in this field are presented. [ABSTRACT FROM AUTHOR]