Green Economy in Russia: Leadership and Financial Aspects

DOI

10.2991/assehr.k.191221.198How to use a DOI?

Abstract

Nowadays, European countries pursue an active policy in the field of greening the economy, expanding the practice known as “green finances”. The main goal of this activity is, above all, in the achievement of environmentally sustainable economic growth. However, it has to be noted that in the Russian Federation the movement towards greening the economy began later than in other countries. Therefore, specific measures and mechanisms are required to implement the concept of transition from a brown economy to a green one. In order to modernize the Russian economy, financial resources are needed, including those originating in the private sector. All in all, it becomes appropriate to consider the composition of financial instruments for green financing, in which temporarily available cash is allocated in such a way that as a result a synergy of economic effect and environmental benefit is achieved. Our paper focuses on these problematic economic issues concerning leadership in the green economy of Russia and the development of green financing as the basis for environmentally sustainable evolution.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elena Tarkhanova
AU  - Anhelica Fricler
AU  - Natalia Baburina
PY  - 2020
DA  - 2020/01/17
TI  - Green Economy in Russia: Leadership and Financial Aspects
BT  - Proceedings of the 5th International Conference on Social, Economic, and Academic Leadership (ICSEALV 2019)
PB  - Atlantis Press
SP  - 197
EP  - 203
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.191221.198
DO  - 10.2991/assehr.k.191221.198
ID  - Tarkhanova2020
ER  -