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21 October 2021, 09:54

Opinion: Green financing targets regional projects

Photo courtesy of Belarus' Economy Ministry
Photo courtesy of Belarus' Economy Ministry

MINSK, 21 October (BelTA) - Green financing is focused on regional projects with positive economic, environmental and social effects, Belarus' Deputy Economy Minister Tatiana Brantsevich said as she commented on the project to place Belarus' green government bonds on the stock exchange of the international financial center Astana, BelTA has learned.

“Together with our colleagues from the Finance Ministry, the Ministry of Natural Resources and Environmental Protection, the Ministry of Housing and Utilities, representatives of the banking sector and other stakeholders we have been working on the corresponding pilot project with our Kazakh partners since August 2021. The strategic goal of the currently developed green financing concept is to use this capital as effectively as possible for the needs of the social infrastructure, including the regions. By implementing this initiative, we will make an additional contribution to the development of territories through projects with a positive economic, environmental and social effect,” said Tatiana Brantsevich.

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