Experience of green finance market development in Brazil

Panova S. A.

The analysis of the experience of developing the green finance market in Brazil. Particular attention is paid to the infrastructure of the market for financing environmental projects and the types of green financial instruments that are issued and traded in the Brazilian financial market. It was revealed that with a high correlation between the economic indicators of Brazil and Russia, the market for green financing instruments in Brazil, both in terms of volume and variety of financial instruments, significantly exceeds the Russian one.

Keywords:green financial instruments, market infrastructure for financing environmental projects