Transitional bonds for oil and gas sector as a way to finance the implementation of ESG agenda in Russian and foreign companies

The article analyzes the changes in the regulatory framework for issuing debt securities used to finance sustainable development projects. Particular attention is paid to the oil and gas sector, which is currently the driver of the transition to a low-carbon economy in Russia. Following the entry into force of ESG standards that permit the issuance of a broader range of eligible debt securities, more structured regulation of adaptation and transition bonds has begun to be applied. It is expected that they will soon be in high demand in Russia