Conceptual foundations of the movement of innovative capital in conditions of priority development of the “green” economy

Abstract

The article provides a justification for the process of forming the vector of development of the Green Economy, identifies the features of Green Investments in the modern economy. Green investment is the allocation of financial capital to projects or companies that focuses primarily on environmentally friendly technologies, sustainable practices, and natural resource conservation. The purpose of green investments is to develop the Green Economy, to support businesses that contribute to environmental protection while generating profits for investors. “Green investments play a crucial role in the transition to the Green Economy and are the basis for combating climate change and implementing sustainable development practices.The authors detail the factors of capital flows in the context of innovations in the Green Economy. External factors are political, geographical, social, and natural. The article characterizes market instruments of green investments. Among the market instruments, the following are identified: green bonds, green mutual funds, exchange-traded funds, green private equity and venture capital, impact investing, carbon credits and compensation. The authors determines the prospects for innovative green economy projects. It is determined that green investments have great potential for obtaining long-term economic, social and environmental benefits, in particular, reducing carbon emissions and increasing resource efficiency.