The Growth of “Green” finance at the global level in the context of sustainable economic development

Abstract

The paper considers the features of the growth of “green finance”. The nuances of the development of the green economy of foreign countries are studied. The analytical data of the green market and issued instruments are presented in the form of figures, data for a number of years. Creating a greener economy requires significant investment, whether it’s financing a new electric bus network, building a solar farm, or building power plants powered by renewable energy. In this regard, responsible investing is being developed around the world, which is based on an approach to investing that seeks to include environmental, social and management factors (ESG factors) in the investment decision- making process for better risk management and a sustainable and long- term return on investment.