Green securities market: The situation and perspectives

Green finance is an area of finance that is positioned between the financial sector, sustainable economic development and the environment protection. Bearing in mind that this is a relatively new model of financing, the subject of this paper is an analysis of the current situation of green finance, above all, green securities. Using the comparative and normative method, the paper analyzes the market of green securities, especially emphasizing the importance of the green bond market. Th e paper will outline the current situation and prospects of the development of the green bond market in the national legislation. Th e conclusion points to the necessity of further development of the green bond market and directing operations of financial institutions towards the creation of new green products and services.