UDC 336.6
DOI: 10.36871/ek.up.p.r.2023.12.02.019
Authors
Aza A. Bisultanova,
Chechen State University named after A. A. Kadyrov
Abstract
This article examines the key role of sustainable financial services in achieving the Sustainable Development Goals. Financial institutions that provide sustainable financial services direct funds to projects that contribute to environmental, social and economic sustainability. Investments cover such areas as renewable energy sources, energy-efficient technologies, sustainable agriculture and solving social problems. The article also emphasizes the importance of financing projects aimed at solving social problems such as poverty and inequality. Sustainable financial services facilitate portfolio management based on environmental and social criteria, as well as support innovations and technologies that contribute to sustainable development. In addition, the article draws attention to foreign and Russian scientists who have made an important contribution to the study of sustainable development, noting their expertise in the fields of public health, economics, ecology and nature management. Additionally, examples of the development of green finance in countries with different levels of economic development are discussed. In particular, the active promotion of green finance in the European Union, the impact of government policy on the development of green initiatives in the United States, as well as the peculiarities of developing countries in the context of limited financial resources and priorities are considered. The article highlights the importance of global attention to climate issues in stimulating interest in green financial instruments and identifies trends and challenges in various parts of the world. In conclusion, it is emphasized that the successful conduct of research on the effectiveness of sustainable finance requires the use of indicators capable of measuring and evaluating the achievement of sustainable development goals, which is an important element in supporting environmental and social responsibility in the financial sector.
Keywords
sustainable development, green finance, sustainable finance.
