Understanding financial flows for Kazakhstan’s green economy transition

2020 ◽  
Author(s):  
Keyword(s):  
Green Economy ◽  
Financial Flows

scholarly journals “Green” bonds as a perspective instrument of attracting investments in ecological projects in Ukraine

2020 ◽  
pp. 52-60
Author(s):  
Oksana Klymenko ◽  
Svitlana Mala
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Economic Trend ◽  
Global Market ◽  
Bond Market ◽  
Regulatory Framework ◽  
Green Economy ◽  
Financial Flows ◽  
Environmental Projects ◽  
Green Investments

Relevance of research topic. The global economic trend is characterized by the “greening” of investment processes in order to ensure sustainable development. One of the instruments of attracting green investments in the economy is green bonds. In this regard, there is a need to create and operate a green bond market in Ukraine. Formulation of the problem. Ukraine has joined the global institutions promoting sustainable development and has declared the transition to a “green” economy, so analysis of foreign experience is needed to develop recommendations to a regulatory framework that will help solve the problem of attracting “green” investments in the Ukrainian economy. Analysis of recent research and publications. Among scientists and practitioners dealing with the problems of green investments, we should mention O. Veklic, Y. Podvisotsky, K. Markevich, M. Grityshina, A. Frolov. Selection of unexplored parts of the general problem. The issue of using green bonds to finance environmental projects in Ukraine remains poorly understood. Setting the task, the purpose of the study. The purpose of the study is to analyze the global trends in the green bond market and to develop recommendations for using this type of bond to finance environmental projects in Ukraine. Method or methodology for conducting research.  The theoretical basis of the study is the dialectical method of cognition and a comprehensive approach to the study of economic processes in the financial sphere. The following special methods of research were used: historical and economic analysis; statistical and economic analysis; abstract-logical analysis; graphic methods. Presentation of the main material (results of work). The article reveals the positive dynamics of the global green bond market development, and determines that this type of investment is an important segment for Ukraine, which is a member of the world institutions for sustainable development. The state of the regulatory framework in Ukraine, which regulates the circulation of green bonds, is considered. The concept of introduction and development of the green bond market in Ukraine is recommended. The field of application of results. The results of the study can be used in the national financial system. Conclusions according to the article. Analysis of the global market for green bonds has led to the conclusion that this financial segment is characterized by a progressive and positive development. Green bonds have created a new way of attracting investors to green assets, the advantage of which is that investors are involved in the issue of these financial instruments, which put environmental responsibility first. Creating a market for green bonds in Ukraine will allow us to accumulate and direct financial flows for the development and financing of domestic green projects.

scholarly journals Baikal Region (Russia) Development Prospects Based on the Green Economy Principles

2020 ◽  
Vol 13 (1) ◽  
pp. 157
Author(s):  
Alexey Bilgaev ◽  
Suocheng Dong ◽  
Fujia Li ◽  
Hao Cheng ◽  
Arnold Tulohonov ◽  
...  
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Baikal Region ◽  
Methodological Approach ◽  
Green Economy ◽  
Anthropogenic Factors ◽  
Development Fund ◽  
Financial Flows ◽  
Green Development ◽  
Development Prospects

The problems of preserving the natural environment are relevant for unique natural complexes of territories, such as the Baikal region (Russia). There are few studies devoted to forecasting the green economic development of the eco-socio-economic system of the Baikal region. The previous studies are mainly dedicated to the theory of forming the green economy in the Baikal region. This study aimed to forecast and determine future trends in the Baikal region’s eco-socio-economic development based on the green economy. The methodological approach to assess the Baikal region development prospects is based on determining the factors affecting the relationship between various eco-socio-economic components using multiple regression models. We constructed the forecast using the artificial neural networks method, and we assessed the possible impact of anthropogenic factors on the Baikal region’s eco-socio-economic system in the future. Based on the obtained forecast, we proposed a mechanism for regulating the green economy formation in the region. The regional governments of the Baikal region should perform the management function. This requires establishing a special interregional Green Development Fund to restructure incoming public funds by redistributing financial flows from contaminating brown to green industries and develop a state program for the Green Development of the Baikal region. The constructed forecast is informational support for decision making for the long-term development of the economy during the transition to the green economy, the development and justification of program activities, and the future’s main strategic priorities.

Renewable Energy Resources for Better Economics and Sustainable Living in Rural and Desert Areas

2019 ◽  
Vol 10 (12) ◽  
pp. 1165-1171
Author(s):  
Karl Gatterer ◽  
◽  
Salah Arafa ◽  
Keyword(s):  
Renewable Energy ◽  
Poverty Reduction ◽  
Energy Resources ◽  
Green Economy ◽  
Renewable Energy Resources ◽  
Economic Activities ◽  
Energy Materials ◽  
Sustainable Living ◽  
Sustainable Community Development ◽  
Access To Knowledge

Reliable and affordable energy is the key for the socio-economic development in rural and desert communities worldwide. While energy can be used for consumption purposes such as Lighting, Access to Information, Comfort and Entertainment, productive use of renewable energy is the key enabler for SMEs and Economy to grow. The paper examines the complex interactions among Energy, Materials, Water, Food, Building, Employment and Environment. It also discusses the implementation of renewable energy technologies to overcome some of barriers faced by rural villages and desert communities. It shows some of the special applications and approaches used over the past few decades in energy conversion, consumption and conservation to achieve poverty reduction, social justice and sustainable development. Field experiences in Basaisa projects, Egypt showed that open free dialogues with all stakeholders, site-specific education and training, appropriate local financing systems and access to knowledge are key-elements and essential factors for achieving green economy and sustainable community development. The coming decade will see a continued expansion of knowledge about renewable energy resources and its useful applications as systems friendly to the environment and as tools for economic activities, sustainable living and growth in rural and desert communities.

The Soviet and Western theories of financial management – The competition or the partnership?

2020 ◽  
Vol 26 (5) ◽  
pp. 991-1016
Author(s):  
A.G. Lukin
Keyword(s):  
Soviet Union ◽  
Financial Management ◽  
Historical Analysis ◽  
Management Theory ◽  
Financial Risks ◽  
Financial Flows ◽  
Dialectical Approach ◽  
The Soviet Union ◽  
Analysis And Synthesis ◽  
Effective System

Subject. This article explores the main points of the theory of financial management, developed within the framework of the Western general theory of finance, and the theory of financial management developed in the Soviet Union. Objectives. The article aims to substantiate an idea that these theories are complementary, and their harmonious application can help build the most effective system of financial relations management at both the macro-and microeconomic levels. Methods. For the study, I used a dialectical approach and the methods of comparison, analysis and synthesis, and historical analysis. Results. The article substantiates the point that the methodology of Western financial management theory is aimed at managing external financial flows and combating external financial risks. It notes that the Soviet theory regulates methods and techniques of financial management within the business entity or the State. Conclusions. Theoretical updating of the Soviet practices of financial management combined with the modern achievements of financial management theory will create conditions for the formation of an optimal financial management structure at both the micro-and macroeconomic levels. This can improve the efficiency of financial management, in general. Renewed interest in the theoretical developments of the Soviet Union will contribute to the development of financial science at the present stage.

Sign in / Sign up

Export Citation Format

Share Document