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PROBLEMS OF MODERN ECONOMICS, N 1 (65), 2018
ECONOMICS AND ECOLOGY
Rakhimov Z. Yu.
PhD student, Chair of Credit Theory and Financial Management, St. Petersburg State University

Financial tools of hedging ecological risks (Russia, St. Petersburg)
The article attempts to define the place of ecological derivatives in the structure of the financial market and the prospects for developing “green” tools as stock-markets transform into socially-responsible institutes. The author applies a systemic analytical approach to the study of ecological derivatives, discusses global initiatives in the sphere of “green” finances, and the international experience of sustainable development. Special attention is given to advantages and disadvantages of “green” tools, as well as their application in Russia
Key words: ecological risks, hedging of ecological risks, weather derivatives, carbon units, 'green' bonds, exchange-traded funds, ESG-standards
Pages: 163 - 166



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