Institutional Support for Climate Finance: Methodological Approaches to Research

Ukraine currently faces a lack of climate-related projects and an absence of a comprehensive mechanism for state support, particularly financial, for projects aimed at combating climate change, mitigating its adverse effects, and adapting to such changes. Market mechanisms in this area are in the early stages of development. Numerous institutional challenges hinder the implementation of such projects. The relevance of the topic lies in the need to address the shortcomings in the institutional support for climate finance and its components. It is essential to determine what aspects and methods should be prioritized in the study of this issue. The purpose of this study is to identify methodological approaches to research on the institutional support for climate finance. The object of the research is the global climate finance market. The study employs a systematic approach, monographic, historical, economic-statistical methods, as well as comparative and expert analysis methods. The significance of the research has been identified, and methodological approaches to studying the institutional support for climate finance have been outlined. Their components and a methodological toolkit for addressing these issues have been presented. The research results can be used to develop institutional frameworks for climate finance. The proposed methodological approaches to climate finance research enable the identification of promising directions and mechanisms for its development, as well as models of relationships among involved economic agents, which should be based on proper institutional support. At the national level, the methodological foundations of institutional support for climate finance should be shaped by the Financial Stability Council, ministries and agencies, regulators of various financial market segments/exchanges, self-regulating/professional/expert organizations, institutional investors, research institutions, educational establishments, NGOs, and various platforms/councils/target working groups dedicated to addressing these issues.