„Green“ Projects and Comparative Analysis of Related Financial Instruments

At the present stage of development of socio-economic relations, green financing is a relevant trend, which is associated with the need to implement environmental measures into business processes, with the emergence of new financial instruments and their active distribution. Achieving the Sustainable Development Goals and the transition to a green economy, in turn, require significant financial resources. Joint-stock companies (issuers) and banks are active participants in the processes of financing and implementing projects that have an environmental and positive social effect. The influence of the mentioned entities and their „green“ financial instruments on the effective implementation of environmental measures, as well as the study of issues of responsible entrepreneurship determine the relevance of the study. The article focuses on the principles of issuing green bonds and green loans, as well as the benefits of owning green bonds for investors. The purpose of the study is to conduct a comparative analysis of financial instruments for the implementation of „green“ projects - green bonds, green loans, green mortgages.