“Green” loan – a “green” financing instrument

Abstract

To achieve the goals of sustainable development and the transition to the “green” economy requires not only substantial financial resources but also the transformation of traditional financing. In order to finance projects and productions aimed at improving the environmental and social components of human life, innovative financing instruments such as “green” loans are required. Today, in the context of the world’s global desire for sustainable development, the development of a “green” economy and “green” financing instruments is relevant. The market of “green” loans is relatively new both for the global financial market in general and for the domestic market in particular. In this regard, the issue of studying the available green loans on the domestic and global market is relevant. This paper presents a study of an environmental project loan, encompassing an analysis of existing research on the chosen topic, an examination of the regulatory principles of “green” lending. The authors proposed a classification of the types of “green” loans, as well as identified their advantages and disadvantages.