Features of bank financing innovative projects renewable energy in today's conditions

Financing innovative renewable energy projects in today's conditions is an extremely relevant topic, given the global challenges of climate change, the energy crisis caused by geopolitical conflicts (in particular in Ukraine) or the reorientation of world economies towards sustainable development. Financing innovative solutions in the field of RES is a determining factor for the implementation of the "green" transition, but it is accompanied by a number of barriers: regulatory instability, limited access to investments, high risks of introducing the latest technologies. In this context, it is relevant to study effective financing models, opportunities for international support, as well as a comparative analysis of the experience of Ukraine and Hungary in order to identify best practices and establish cross-border cooperation in the field of sustainable energy. The article examines modern approaches to financing innovative projects in the field of renewable energy in the face of global challenges, in particular the energy crisis, climate change and martial law in Ukraine. The main sources of financing, including international aid, banking instruments, green bonds and private investments, are considered. Particular attention is paid to the role of state support and development of innovative technologies, such as microgrid systems, energy-saving technologies. Key barriers and prospects for the development of innovative RES in the context of sustainable development and European integration have been identified.