Carbon offset funding in developing countries: challenges and rеspects

The article reveals the problems, prospects and contemporary mechanisms of carbon financing, the relevance of which is increasing in the face of new challenges associated with the development of reproductive processes in developing countries. At the same time, it is indicated that in some cases there are problems associated with the administration of business processes that ensure measurable emission reductions, which requires careful selection, monitoring and intergovernmental support for multilateral projects that contribute to the implementation of environmental protection and climate change programs. The article contains practical recommendations aimed at ensuring the economic interests of business entities based on the usage of additional financing mechanisms for development programs, including carbon emissions compensation, green bonds, carbon tax, climate funds, environmental certificates, etc. The conclusion is made about the expediency of using carbon financing mechanisms in business process that contribute to the cooperation between partner countries, accumulation of resources for project implementation, reduction of greenhouse gas emissions and sustainable economic growth of developing countries.