International Experiences of Green Financing
Keywords:
green finance, green bonds, green credit, climate change, green projects, sources of green finance, green taxonomy, correlation regression analysisAbstract
The article considers the main areas of "green" financing in accordance with the sustainable development goals developed by the UN and modern directions of the transition of the world economy to "green" business. In addition, the processes of supporting the activities of private investors in financing "green" projects in connection with government regulation, concessional financing, lending and risk mitigation measures are studied. The activities of international and national financial institutions investing in green economy projects, as well as the main methods of regulating initiatives related to the "green" economy in foreign countries were discussed. The transition to a "green" economy is one of the main global trends in the development of countries of the world, since nature conservation and environmental protection increase the competitiveness of companies engaged in this activity. Most countries in the world have set themselves the task of achieving environmental goals of sustainable development. To achieve these objectives, private investors use comprehensive measures, financial instruments and levers to support the financing of "green" projects. In this situation, it is relevant to study the best foreign experience in financing "green" projects and identify promising areas on this basis. The main areas of the study are the description of the latest trends in financing "green" projects in countries around the world, tools and means of supporting private investors in financing "green" projects, types of projects. Therefore, attention was paid to the development of scientific conclusions and recommendations based on the study of modern trends in the development of "green" business, the development of green banks and the financing of "green" investment projects in foreign countries.
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