Sustainable Finance and Green Bonds Peer reviewed

Financing of «green» projects through carbon taxation: experience and prospects

Musa Basnukaev, Leyla Gadzhialieva

Journal of Monetary Economics and Management | Jun 24, 2026

Abstract

Abstract

The article examines the mechanisms of financing "green" projects through carbon taxation tools based on a comparative analysis of European and Russian practices. The functioning of the EU ETS is being considered as a source of financing for the EU Innovation Fund, which in 2025-2026 allocated 5.2 billion euros for projects in the field of clean technologies, hydrogen and industrial decarbonization. The results of the Sakhalin experiment on greenhouse gas emissions quotas, which ends in 2025, are analyzed, and the prospects for scaling this model to the national level are assessed. Special attention is paid to alternative financing instruments – green bonds, the volume of which in Russia in 2025 for the first time exceeded 1 trillion rubles. Based on statistical data, two tables are presented that characterize the dynamics of financing "green" projects through carbon payments and the development of the green bond market. The conclusion is made about the expediency of a combined approach to financing decarbonization.

Direct answer

What can I do from this paper page?

Use this page to scan "Financing of «green» projects through carbon taxation: experience and prospects" quickly: start with the summary and abstract, then check the authors, source, topics, and related papers. From here, open Scollr to follow Sustainable Finance and Green Bonds research, save the paper, or map adjacent work.

Authors

Researchers on this paper

Musa Basnukaev

first | Chechen State University

Leyla Gadzhialieva

last | Dagestan State University

Research areas

Follow related topics

Citation

BibTeX

@article{Basnukaev2026Financing,
  title = {Financing of «green» projects through carbon taxation: experience and prospects},
  author = {Musa Basnukaev and Leyla Gadzhialieva},
  journal = {Journal of Monetary Economics and Management},
  year = {2026},
  doi = {10.26118/2782-4586-2026-489-495},
  url = {https://doi.org/10.26118/2782-4586-2026-489-495}
}

FAQ

Using this paper in a discovery workflow

How do I find related work for this paper?

Use the related papers and topic links on this page as starting points. In Scollr, you can also open the paper and build a literature map around its references, citing papers, and related work.

How can I keep up with new Sustainable Finance and Green Bonds research papers?

Follow Sustainable Finance and Green Bonds research in Scollr. New papers from the topic flow into a personalized feed, and you can save useful studies to revisit later.

Can I cite this paper from this page?

This page includes a static BibTeX block for Financing of «green» projects through carbon taxation: experience and prospects. Always verify the DOI, source, and publication details against the publisher record before submitting a manuscript.

Follow this research in Scollr

Follow the topics and authors behind this paper, save useful studies, and build a literature map when you are ready to go deeper.

Get the app