Analysis of special instruments for financing sustainable development
https://doi.org/10.35854/1998-1627-2023-2-200-212
Abstract
Aim. The presented study aims to analytically assess and systematize instruments for financing sustainable development and to identify their advantages and disadvantage.
Tasks. The authors compile a list of instruments for financing sustainable development; identify the advantages and disadvantages of special financial instruments; reveal the dynamics of their development; systematically classify special instruments for financing sustainable development.
Methods. This study uses the dialectical systems approach, logical analysis, comparison, general scientific methods, and methods of retrospective analysis.
Results. The study reveals the content of instruments for financing sustainable development. Special instruments for financing sustainable development are identified and systematized in the context of groups of instruments for project/corporate financing, stock market, loan capital market, and insurance market. Their advantages and disadvantages are characterized and the dynamics of their development is analyzed. Theoretical provisions for financing sustainable development are formulated in the context of the systematization of special instruments for financing sustainable development.
Conclusions. According to the results of the performed analysis and development trends in the financial technology market, the authors believe that it is necessary to increase the financing of statistical offices to improve the efficiency of collecting data on the progress in achieving sustainable development goals and to ensure their accuracy and comparability among countries. There is an upward trend in social responsibility not only at the government level, but also at the level of businesses and the population, which is confirmed by the formation of green investment through public and private funds.
About the Authors
A. Yu. Rumyantseva
St. Petersburg University of Management Technologies and Economics
Russian Federation
Russian Federation
Anna Yu. Rumyantseva - PhD in Economics, Associate Professor, Vice-Rector for Science and International Affairs, Associate Professor at the Department of International Finance and Accounting
44A Lermontovskiy Ave., St. Petersburg 190103
O. A. Tarutko
St. Petersburg University of Management Technologies and Economics
Russian Federation
Russian Federation
Olga A. Tarutko - PhD in Economics, Associate Professor at the Department of International Finance and Accounting
44A Lermontovskiy Ave., St. Petersburg 190103
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Review
For citations:
Rumyantseva A.Yu., Tarutko O.A. Analysis of special instruments for financing sustainable development. Economics and Management. 2023;29(2):200-212. (In Russ.) https://doi.org/10.35854/1998-1627-2023-2-200-212
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