ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 53 No. 10 (2023)
FINANCIAL ECONOMY

Debt Instruments for a Green Economy

PDF (Русский)
  • A.A. Balabin
A.A. Balabin
Novosibirsk State Technical University; Institute of Economics and Industrial Engineering, SB RAS
Bio
DOI: https://doi.org/10.30680/ECO0131-7652-2023-10-154-173

Published 2023-09-29

Keywords

  • sustainable development; green finance; carbon neutrality; green finance verification; green bonds; social bonds; transition bonds

How to Cite

1.
Balabin А. Debt Instruments for a Green Economy. ECO [Internet]. 2023 Sep. 29 [cited 2024 Nov. 21];53(10):154-73. Available from: https://ecotrends.ru/index.php/eco/article/view/4672

Abstract

The author considers the problems of classification of debt instruments designed for the transition to a green economy and sustainable development. The conditions for the use of attracted funds include obligations of borrowers to achieve certain targets in reducing harmful emissions, in environmental and/or social spheres. Based on statistical data on the volume and structure of targeted bond issues in 2021–22, it is concluded that the range of investments that are recognized as contributing to the transition to a green economy and sustainable development is expanding. – restored the previous text, here the reviewer’s opinion on the content of the paper is taken into account It is found that the favorable terms of initial bond offerings diminish during further circulation, hypotheses are put forward to explain this phenomenon. Indirect consequences of military and political events in Ukraine during 2022 led to a reduction in the volume of investment in the green economy and in sustainable development in general, but did not change the target attitudes and preferences of investors.
PDF (Русский)

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