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Towards to the first green federal budget of Russia: Basis and elaboration
https://doi.org/10.32609/0042-8736-2021-11-71-88
Abstract
The global economic challenges of our time are reflected in the concept of environmental, social, and governance (ESG). Traditionally, these issues were developed at the corporate level for enterprises and banks, while the state level was little touched upon. About half of the world’s national income is redistributed through the system of state budgets of all countries. In this regard, the formation of green budgets becomes inevitable. Rationale for the creation of a green budget and elements of its development have become the subject of analysis in this article. OECD recommendations, best practices of green budgeting, primarily in France, as well as green prerequisites for creating a domestic federal budget prove the possibility of solving the problem of sustainable economic growth and implementing the Paris Climate Agreements.
About the Authors
M. P. Afanasiev
HSE University;
Institute of Economic Forecasting, Russian Academy of Sciences
Russian Federation
Russian Federation
Mstislav P. Afanasiev
Moscow
A. A. Belenchuk
Accounts Chamber of the Russian Federation
Russian Federation
Russian Federation
Anna A. Belenchuk
Moscow
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Review
For citations:
Afanasiev M.P., Belenchuk A.A. Towards to the first green federal budget of Russia: Basis and elaboration. Voprosy Ekonomiki. 2021;(11):71-88. (In Russ.) https://doi.org/10.32609/0042-8736-2021-11-71-88
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