Modern Tools for Financing the Process of Greening the Economy

Since the expansion of the process of greening the world economy requires the financing of this direction, it also forms its tools. Many directions have emerged in green financial market. Green bond, Green crediting (green loans) are examples of these. The global cooperation of international organizations made it possible to form modern tools and functions for financing the process of greening of the economy. Concessional lending of green projects in foreign countries, provision of credit guarantees, strengthening of green financial infrastructure, green transformation have become an important part of many strategies. The creation and development of financing for the construction of green housing and the green reconstruction of the housing stock should be one of the prior areas of lending. One of the main and generally accepted standards in the field of green financing is a set of recommendations on the management of environmental and social risks during project financing and lending. Equator principles are green banks, when they connect consumers to financing, they create conditions for the development of the project. These banks create positive effects, such as encouraging job creation, and support economic development.