"Зеленые облигации" как новый финансовый инструмент и перспективы их внедрения в России
In the past decade, the debt capital markets have seen the emergence of a new type of financial instruments, so called “green bonds”. Efforts of governments around the world to transition to a more sustainable economy as well as the availability of socially responsible investors contributed to a successful establishment and dynamic development of this segment. Certain investors might prefer these kinds of instruments over regular bonds thanks to their added environmental component, creating an incentive for issuers and other market participants to enter the green bond market. The below article examines the unique features of the green bonds and the possibility of introduction of such financial instruments in Russia.
Sustainable development is a worldwide recognized social and political goal; it is discussed both in academic and political discourse. According to the authors, the formation of a new way of thinking will help to achieve this goal. A lot of research is related to sustainable development in higher education. However, mental models are formed even more effectively at school age. The paper was written in the context of Russia, where the subject of sustainable development in education is extremely poorly developed. The case of Ural Federal University was presented. The University has been working for several years on the creation of a device for the purification of sewage industrial water in the framework of an initiative student group. Recently, schoolchildren have joined this work. Such projects have been called university-to-school projects. Successful solution of inventive tasks contributes to the formation of mental models. The case has been analyzed in terms of institutionalism. The authors argued the primacy of mental institutions over normative in the process of sustainable society construction.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.