Foreign experience in using extra-budgetary environmental funds in the framework of low-carbon economic development

Abstract

The development of a particular sector of the economy directly depends on the state, since the implementation of national programs or preferential subsidization of loans for the implementation of projects is provided at the expense of budgetary funds. The development of a low-carbon economy is no exception, especially given the increased attention to the environment in the 21st century, foreign countries are actively using extra-budgetary funds as a source of accumulation of funds for further investment in environmental projects that will help reduce greenhouse gas emissions. This article will consider the experience of foreign countries in creating a system of extra-budgetary environmental funds, the mechanism of their functioning for creating a system of using extra-budgetary environmental funds in the Russian Federation as part of the development of a low-carbon economy.