Open AccessProspects for the development of the «green» bond market (Review)
Author(s) -
С И Коданева,
Inion Ran
Publication year - 2020
Publication title -
èkonomičeskie i socialʹnye problemy rossii
Language(s) - English
Resource type - Journals
ISSN - 1998-1791
DOI - 10.31249/espr/2020.02.05
Subject(s) - bond , bond market , context (archaeology) , investment (military) , business , government (linguistics) , market development , green growth , financial system , financial instrument , finance , economics , market economy , sustainable development , political science , geography , linguistics , philosophy , archaeology , politics , law
In the context of limited government budgets and the capacity of the banking sector, there is a need for new financial instruments to attract investment for the implementation of the Paris Agreement on Climate Change. One of such instruments is «green» bonds. The review analyzes the reasons for the growth of the «green» bond market in different countries and the prospects for its development.