Institutionalization of the green finance market as an opportunity for the Modernization of the regional economy, and ecosystem preservation

The green finance market, which began to emerge during the period of the well-known recession of the world stock market in ۲۰۰۷, has now crossed the mark of ۵۰۰ billion. The rapid development of this new type of financial instrument is determined by the desire of the population, political leaders and investment funds to more rapid (and legally facilitated) fulfilment of the obligations by the countries of the world on programs to combat climate change and environmental protection that have been adopted more than once at global climate forums, where the total amount resources, according to some experts, should be at least ۱۰۰ trillion. Currently available green finance markets in most countries of the world cannot yet fully provide affordable financing for the real sector of the export-oriented economy; this circumstance negatively affects the opportunities for their faster growth, competitiveness in the domestic and foreign arenas, and is ultimately determined by the growing shortage of foreign sources of financing during the sanctions war. The study put forward and substantiates the hypothesis of increasing the level and role of green markets in the transformation of the domestic economy as well as ecosystems during the post-coronavirus transformed world economic and financial systems.

کلیدواژه ها:

Green finance ، Financial services ، Banking sector ، Green economy ، Green bonds ، Financial services market ، Ecosystem preservation