Abstract

The contribution of a given territory to climate change, as well as the capacity of a State to prevent and cope with its effects, varies greatly from country to country. It is therefore necessary to develop a mechanism for redistributing financial flows between developed countries with significant financial resources and developing countries. The international community intends to solve this problem through the formation of a local, national and global system of financing, consisting of public, private and alternative sources of financing, and aimed at supporting mitigation and adaptation to the effects caused by climate change - called climate finance. The article discusses the features and challenges of implementing climate investments. The article provides a comparative analysis of investment implementation by types of investments, sources of financing, and geographical principle. The concept of “green taxonomies” is presented. The review of international experience should be taken into account in the implementation of investments for adaptation to climate change in Russia.

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