“Green” finance as a modern tool for social and environmental security

Abstract

Abstract The article is devoted to the study of the essence of “green” finance and is intended to give an idea of the existing “green” financial instruments and problems of their application in Ukraine, to outline ways to improve the use of “green” financial instruments to ensure social and environmental security. The study calls for a review and improvement of practices in the use of “green” financial instruments, taking into account the international experience. The research paper is structured as follows: firstly, theoretical approaches to the essence of “green” finance are disclosed; secondly, the impact of “green” finance on social and environmental security is considered; thirdly, “green” finance is examined financial instruments to enhance national security in both the environmental and social spheres. The results of the study allowed to provide directions for the development of “green” finance in the context of social and environmental security in Ukraine, in particular, to strengthen the use of public-private partnerships, climate risk insurance and investment in education to create a skilled labor force in “green” finance.