Green finance as a tool for achieving sustainable development

Abstract

The article discusses the need for green finance to achieve several sustainable development goals. The main sources of financing for ensuring the environmental sustainability of cities have been identified, highlighting the potential for a transition to green consumption patterns and the implementation of measures to combat environmental pollution (air, water, and soil) exacerbated by climate change. Rational use of natural resources has been emphasized. Data analysis shows that funding for environmental projects to reduce pollution has increased by 30% in the conflict-affected areas. This will form the basis for the transition to sustainable development, including investments in clean technologies and energy independence. After analyzing the main types of rating, the need for the index method to assess the most rational areas of use of green finance instruments is substantiated to achieve the indicators of the Sustainable Development Goals.