The Economy of Green Investment in Various Projects: The Experience of Countries

Abstract

A significant number of investment projects in the field of renewable energy, energy efficiency and other environmentally friendly projects are being implemented in the world, for the full launch of which there is a need to attract a significant amount of long-term financial resources. Such long-term financing is currently not easy to obtain from the Russian banking system and the local capital market. At the same time, raising funds by issuing green bonds has gained popularity in many countries around the world in recent years, and the use of this financial instrument has given countries access to a large and diverse pool of investors and helped them meet their international obligations. The complexity of this situation is compounded by climate change, a phenomenon that exacerbates the impact of any global crisis. Its impact is felt around the world and has concrete implications for achieving the Sustainable Development Goals set out in the Rio Millennium Declaration. Currently, the international community as a whole and Russia should look for new approaches to managing the economy and the environment, ensuring, on the one hand, their balance and compatibility of development, and on the other, ensuring together with the economic water, energy, food security of the state. within the framework of the international paradigm of sustainable development.