Sustainable Development of Transport Infrastructure in The Baltic Region Within the Framework of The Belt and Road Project

The article examines sustainable development and securitization of natural disaster risks for transport infrastructure in the Baltic region within the framework of the Belt and Road project. The innovative approach of using insurance-linked securities (ILS) to provide securitization of investments in transport infrastructure is considered. The Baltic region, with its strategic location and importance in international trade, is at the intersection of the Belt and Road Initiative, making the sustainable development of its transport infrastructure an important area of research. The article examines the challenges, opportunities and potential solutions for promoting the sustainable development of transport infrastructure. The role of insurance-linked securities in reducing the risks associated with transport infrastructure projects is considered. sustainability and attracting investment. It also takes into account the potential environmental and social impacts of infrastructure development in line with sustainable development goals. The article provides an overview of the opportunities for securitization of natural disaster risks for the transport infrastructure sector in the Baltic region, and assesses the potential of ILS as a mechanism for securitization and risk management. Examines the importance of sustainable development in the context of the Belt and Road project, contributing to the ongoing discourse on infrastructure financing, risk management and sustainable development of the region.