Development of sustainable finance in Russia

The article discusses topical issues of using new instruments in Russia that meet the principles of sustainable development, which include green bonds, sustainable investment funds, ESG deposits, etc. It is shown that sustainable financing is a key trend in the development of the global financial system and it is inevitable that it will spread to Russian financial market. An analysis of the issue of green bonds placed on the Moscow Exchange from 2016 to 2023 was carried out and it was concluded that so far the main issuers are large institutional investors with state participation. It has been shown that ESG financing not only brings financial results for investor companies, but also helps to improve the image and strengthen the reputation rating.