Comparative Models of Green Economy Transition and their Legal Implementation under Private International Law
Abstract
This article discusses the emergence and stages of development of the green economy, the analysis of the first scientific studies on the green economy, the opinions expressed by scientists, and the models of transition to a green economy in different countries. The similarities and differences between the policies of transition to a green economy in such countries as America, Germany, Korea, China, the European Union, and the CIS countries, such as Russia, Kazakhstan, and Uzbekistan, are analyzed. In addition, the article analyzes the definitions of "green" financing given by private sector entities, the procedures for implementing this system, and the benefits provided to private sector entities for "green" projects. According to the article's results, the problems that arise in developing green economy strategies and ensuring sustainable development in developing countries are identified, and several proposals are put forward to overcome them.