INNOVATIVE STRATEGIES FOR FINANCING POST-CONFLICT RECONSTRUCTION PROGRAMS: GREEN MUNICIPAL BONDS
Статья поступила в редакцию: 15.08.2024
Статья принята к публикации: 19.08.2024
Статья опубликована: 23.08.2024
Keywords:
post-conflict reconstruction, armed conflict, urban agglomerations, green financing, green municipal bonds, urban infrastructure.Abstract
Armed conflicts have a widespread and devastating impact on the resilience of urban agglomerations, both within the zone of armed conflict and sharing borders with them. Methods of armed struggle lead to the destruction of municipal and industrial infrastructure in the zones of armed confrontation and increase the load on the infrastructure of border towns, which are places of reception and accommodation of temporarily displaced persons from conflict zones. Sustainable municipal infrastructure is important for improving the quality of life of residents of urban agglomerations in post-conflict areas. Post-conflict reconstruction involves a radical change to a conflict-ridden economic, social and political structure. In the post-conflict period, there are objective difficulties in attracting investment in municipal environmentally-oriented infrastructure projects for the post-conflict rehabilitation of urban agglomerations. Sustainable green bonds are an innovative financial instrument for municipalities to access liquidity to finance post-conflict reconstruction projects that meet the criteria for sustainable and/or green finance. The author conducted a desk study of the consequences of armed struggle in the territories of urban agglomerations, described the impact on the municipal infrastructure of urban agglomerations bordering on zones of armed conflict and being refugee reception centers. Based on the analysis, the author proposes a methodological basis for assessing the compliance of municipal projects for the restoration and reconstruction of urban infrastructure facilities with the requirements of green financing.
Информация о публикации
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Правообладатель: Издательский дом «Академический».
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