BARRIERS AND INCENTIVES TO DEVELOPMENT OF THE GREEN BONDS MARKET IN DEVELOPING COUNTRIES
Objective: to analyze the green bond market over the past few years, highlighting its key drivers and barriers that prevent developing countries from using this new but fast-growing source of funding. Discussion: the article summarizes the latest trends in the green bond market, shows the rapidly developing trend for the development of green bonds as a tool to attract financing for green infrastructure projects, and also analyzes the possibility of a successful application of this tool in developing countries. The key drivers and barriers of the green bond market in developing countries are summarized and systematized. Result: After analyzing the main barriers to the green bond market, measures to promote the development of the green bond market in developing countries were developed.