ECOLOGY TRENDS IN FINANCIAL SYSTEM: OPPORTUNITIES FOR DEVELOPING COUNTRIES

Abstract

Directions of formation and development of the mechanism of ecologization of finance in the context of ensuring the sustainable development of the world economy are discovered in this article. Different approaches to the definition of the nature of environmental finance are considered, their main instruments - green loans and bonds are described. The financial, economic and market reasons for the development of environmental financing in developing countries were identified in this article. The features, possibilities and problems of the mobilization of ecological finance for countries with emergent markets are outlined. For Ukraine, promoting sustainable development is declared as a priority and is considered as one of the main principles for strengthening cooperation under the Association Agreement between Ukraine and the EU. The agreement recognizes the importance of taking into account economic, social and environmental interests and guarantees that economic development, environmental and social policies will be supported by joint efforts. It is concluded that the integration of environmental principles in the financial system of Ukraine makes it possible in the future to obtain the effect of double benefits – financial recovery and ensurement of ecological benefits in international economic cooperation.

Authors and Affiliations

L. P. Hatska

Keywords

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  • EP ID EP634712
  • DOI -
  • Views 111
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How To Cite

L. P. Hatska (2017). ECOLOGY TRENDS IN FINANCIAL SYSTEM: OPPORTUNITIES FOR DEVELOPING COUNTRIES. Проблеми системного підходу в економіці, 5(61), -. https://europub.co.uk/articles/-A-634712