ENVIRONMENTAL INSURANCE AS A TOOL FOR SUSTAINABLE DEVELOPMENT OF THE COUNTRY

Introduction. Today, the use of the environmental insurance system is one of the most effective ways to minimize the magnitude of environmental risks. And it is in conditions of uncertainty that environmental insurance is one of the methods of economic regulation in the field of environmental protection, the use of which allows not only to protect the vital interests of citizens, but also to create conditions for rational use of nature. Therefore, the mechanism of environmental insurance is a tool for regulating and managing risk with the possibility of significantly reducing damage to the environment. Therefore, there is a need to define environmental insurance as an important tool for sustainable development of the country, which will help solve important problems — to provide partial compensation for losses from man-made environmental pollution and create additional sources of financing for environmental protection measures, attracting funds from commercial structures.