Abstract
Abstract. The purpose of the study is to reveal the role of green banking in the mechanism of climate adaptation of the national economy of Ukraine. The objectives of the article are: to clarify the essence of green banking, to reveal its role in the mechanism of climate adaptation and tools, to get acquainted with foreign experience in the formation and operation of green banks and their regulation. The results of the study showed that the banking sector plays a critical role in supporting a country’s adaptation to climate change and enhancing its financial resilience to climate risks. Especially, the role of central banks and financial regulators is key as they have the power to change and control dynamics and landscape of the financial sector. Prospects for further research on this issue are the study of international and European experience in implementing incentives for the green economy, namely a number of fiscal and financial instruments, including such as: green tariff s, CO2 (carbon) tax, environmental taxes, green bonds, etc. Keywords: banks, green banking, green bank models, green financial products and services, legalization and capitalization.
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