On Methods of Financing Climate Projects through PPP and Their Applicability in Russia

Affiliation:
Institute of Economic Forecasting (RAS)
Financial University under the Government of the Russian Federation
National Research Moscow State University of Civil Engineering (MGSU)
Address: Moscow, Russian Federation

Stanislav Semenov

Affiliation: Moscow Financial and Industrial University "Synergy"
Address: Moscow, Russian Federation

Journal name

Obshchestvo i ekonomika

Edition

Issue 11

Pages

89-110

Abstract

The article examines global experiences in financing "green" and climate projects, including those implemented through public-private partnerships. Foreign methods of financing “green” and “climate” projects are revealed and systematized. The study of financing practices by the author shows that the most common model in the world is a mixed financing, which comprises financing through the private and public sectors, including funds, certificates, the sale of carbon units, and financial market funds. It is noted that to improve the quality of communication between project stakeholders, it is advisable to use information platforms. A number of problems are identified that hinder the development of climate projects and their monetization in Russia. Considering international practices, the author suggests that further scientific research be aimed at a reasoned choice of methodological approaches to financing climate projects through PPP in the Russian Federation in the context of new external challenges.

Keywords

climate projects, green financing, carbon units, public-private partnerships

Received

25.12.2023

Publication date

26.12.2023

Number of characters

45694

Cite

GOST	Sternik S., Semenov S. On Methods of Financing Climate Projects through PPP and Their Applicability in Russia // Obshchestvo i ekonomika – 2023. – Issue 11 C. 89-110 [Electronic resource]. URL: https://oie.jes.su/S020736760028787-4-1 (circulation date: 20.05.2024). DOI: 10.31857/S020736760028787-4
MLA	Sternik, Sergey, Semenov, Stanislav "On Methods of Financing Climate Projects through PPP and Their Applicability in Russia." Obshchestvo i ekonomika 11 (2023):89-110. DOI: 10.31857/S020736760028787-4
APA	Sternik S., Semenov S. (2023). On Methods of Financing Climate Projects through PPP and Their Applicability in Russia. Obshchestvo i ekonomika (11), pp.89-110 DOI: 10.31857/S020736760028787-4

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