Green Finance: Analysis of Prospects of the Russian Market

Olga G. Kantor (), Yuliya R. Rudneva (), Dmitriy Yu. Dunov, Shakhlo T. Ergasheva () and Boris M. Leybert
Additional contact information
Olga G. Kantor: Ufa State Petroleum Technological University
Yuliya R. Rudneva: Ufa State Petroleum Technological University
Dmitriy Yu. Dunov: Ufa State Petroleum Technological University
Shakhlo T. Ergasheva: Tashkent State University of Economics
Boris M. Leybert: Ufa State Petroleum Technological University

Chapter Chapter 6 in Food Security in the Economy of the Future, 2023, pp 45-56 from Springer

Abstract: Abstract In the context of food security through transition to agriculture 4.0, political and business circles in Russia actively discuss the issue of stimulating the development of green finance. On the one hand, there is an opinion that the worldwide financing of green projects does not require government support. There is a worldwide trend toward responsible consumption and, consequently, responsible financing. Investment funds allocate certain shares of their assets invested in environmental or socially-oriented projects. On the other hand, in Russia, economic and social development has not yet reached the level at which the problems of society and environmental protection in the context of their future states have a higher priority than current problems affecting the extraction of maximum profit. Additionally, the implementation of projects focused on the principles of sustainable development, as a rule, cannot bring sufficient economic effect to ensure an attractive environment for investors. Therefore, the business community expects that state participation in the development of green finance can activate this direction.

Keywords: Green finance; Green bonds; Sustainable development; Institutional investors; Environmental protection; Food Security; Agriculture 4.0; E44; E22; F63; G32 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-23511-5_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031235115

DOI: 10.1007/978-3-031-23511-5_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().