Opportunities of green lending to finance environmental projects to achieve the principles of sustainable development
DOI:
https://doi.org/10.37497/sdgs.v11i1.268Keywords:
Banks, Financial institutions, Green lending, bank lendingAbstract
Objective: The transition to the green economy is a critical aspect of sustainable development, which requires significant investment flows in low-carbon infrastructure. This transition is being considered by central banks and public and private banking institutions.
Methods: The article analyzes the essence of green bank lending, describes the characteristics and features of its use, and evaluates the structure of green lending.
Results: The study has identified the main obstacles to green lending and the main priorities of banking institutions involved in the development of green lending. Authors highlights the need to adapt financial institutions to new realities and prioritize green investment risks when establishing green financial institutions through the adaptation of green lending practices.
Conclusion: In the article the problems and priorities of green lending in the global banking market and emphasizes the importance of sustainable development practices and administration in the financial sector were considered.
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Copyright (c) 2023 Nadezhda Belova, Elena Posadneva, Julia Plaksa, Andrey Tesalovsky, Elena Volkodavova
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