Features of the formation of a green financial market in Russia

The article discusses the basics of restructuring the investment cycle and the formation of green finance in Russia. To do this, the conditions and directions of restructuring the investment cycle are systematized, the specifics of the transformation of investment flows are determined and green finance is highlighted as a driver of development. This study was prepared using such general scientific methods as analysis and synthesis, observation, comparison, logical reasoning and special methods – abstraction and formalization. Currently, Russia is looking for new sources of development. Innovations have a significant chance of becoming key drivers of growth. At the same time, technological innovations are combined with financial ones. In order to introduce new technologies and upgrade production, it is necessary to change the nature and pace of accumulation, as well as the directions, forms and scale of investment. Russia is at the initial stage of mastering innovative financing tools for the transition to new technologies and industries that meet ESG indicators. The green financial model has an important innovative focus. It represents one of the most significant modern innovations, the use of which makes it possible to provide financial resources for technological innovations that determine environmentally friendly, socially responsible and sustainable development.