PRINCIPLES OF THE "GREEN" ECONOMY IN RUSSIA: CURRENT STATE, COMPARING WITH WORLD EXPERIENCE, CHALLENGES AND PROSPECTS
Resumen
Background: The concept of sustainable development plays an essential role in the functioning of the modern world economy. An important component of this concept is the implementation and financing of "green" and socially-oriented projects. In Russia, this direction is only at the initial stage of its formation, therefore it is important to study it and find ways to accelerate its development. Objective: The purpose of the research is to analyze the current state of sustainable development projects financing in Russia, to identify its features and future prospects, as well as to find the most effective ways for its development. Methods: To accomplish this task, the article analyzes the dynamics of changes and key trends in the global and Russian sustainability financial markets. Their comparative analysis is carried out, the main similarities and differences are highlighted. Results: Attention is paid to both industry and subtypes distribution. The theoretical basis of the sustainable development market formation is also considered, its impact on the ESG agenda in Russia is assessed. In the final part, forecasts are made for the possible development of the international and Russian ESG markets. The most effective ways of evolving the sustainable development concept in Russia are identified. Particular attention is paid to the DeFi technologies introduction possibility to simplify and improve financing mechanisms and the implementation of "green" and socially-oriented projects.
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DOI: http://dx.doi.org/10.21902/Revrima.v6i40.6295
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