Introduction. At the core of any scientific research lies the process of cognition, which necessitates clarification of the conceptual approach in accordance with the chosen methodology. The desired outcomes are determined not only by the initial theoretical stance of the researcher but also by a well-founded formulation of the problem and a specification of the directions for scientific inquiry. Thus, proper scientific cognition and the selection of specific general and special methods require an adequate theoretical and practical understanding of reality, necessitating a sophisticated methodology for scientific research. Problem Statement. Preventing, countering, and adapting to the negative impacts of climate change for the socio-economic development of countries and the deterioration of the environment require the establishment of effective institutional support for climate financing, aimed at mitigating these issues. To implement such measures through climate financing, a well-grounded methodology is essential for both research and the formation of institutional support for climate financial flows. Purpose. To define methodological approaches to the study and formation of institutional support for climate financing. Methods. A systemic approach was applied, along with monographic, historical, economic-statistical methods, and methods of comparative and expert analysis. Results. The significance of the methodology of scientific cognition has been established. Methodological approaches to the study and formation of institutional support for climate financing have been outlined, along with their components and the methodological arsenal for addressing the identified issues. Conclusions. To conduct a comprehensive study and establish institutional support for climate financing, advanced methodological approaches are required. These will enable a thorough understanding of the essence, varieties, functions, components, and instruments of such financing, facilitating the development of adequate institutional support to enhance the effectiveness of prevention, counteraction, and mitigation of the negative impacts of climate change and adaptation to these changes.
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