Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)

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Sustainable Development Financing Models in the BRICS Countries

Authors
Yida Wang1, *, Morunova Galina Vladimirovna2, *
1University of St. Petersburg State of Economics, St. Petersburg, Russia, 191023
2Ph.D. in Economics, Professor of the Finance Department of St. Petersburg State University of Economics, St. Petersburg, Russia, 191023
*Corresponding author. Email: ida72499@gmail.com
*Corresponding author. Email: Morunova.g@unecon.ru
Corresponding Authors
Yida Wang, Morunova Galina Vladimirovna
Available Online 27 October 2024.
DOI
10.2991/978-94-6463-546-1_30How to use a DOI?
Keywords
Sustainable Development Financing Index; index method; financing models; BRICS; Assessment methods
Abstract

The BRICS countries, as emerging economies, can share their experience in financing sustainable development for many developing countries. Active promotion of sustainable development finance has a mutually reinforcing effect on national economies. By assessing the financing index, it is possible to identify the shortcomings in the process of achieving the SDGs, which countries continuously correct in the development process, and then accelerate the process of realizing the SDGs. The aim of this article is to calculate the World Bank’s publicly available data to assess the impact of sustainable development financing on a country’s sustainable development. The calculation of the Sustainable Development Index (SDI) was carried out for the BRICS countries for the period 2013-2022. The results show that the sustainable development of BRICS countries focuses on different aspects, that the realization of the sustainable development of the country requires lasting reference and learning from the experiences of other countries, and that there is a positive impact of sustainable development financing on the sustainable development of the country.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
27 October 2024
ISBN
978-94-6463-546-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-546-1_30How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yida Wang
AU  - Morunova Galina Vladimirovna
PY  - 2024
DA  - 2024/10/27
TI  - Sustainable Development Financing Models in the BRICS Countries
BT  - Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)
PB  - Atlantis Press
SP  - 270
EP  - 277
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-546-1_30
DO  - 10.2991/978-94-6463-546-1_30
ID  - Wang2024
ER  -