Articole

The Evolution of Financial Instruments Used in the Green Transition

DS
Daniel-George Surdu ✉
Romanian Academy, School of Advanced…
2026 / Nr. 4 pp. 742–759 Engleză DOI: 10.65631/jes.4.2026.69
Constantin Brâncuși University of Târgu Jiu Economics Series · 2026
This paper examines the evolution of green financial instruments in Central and Eastern Europe, highlighting their role in supporting the transition toward low-carbon economy. The region has experienced a gradual but uneven development of green financial instruments, driven by European Union regulatory frameworks, climate policy commitments, and increasing investor awareness of environmental, social, and governance criteria. Using a mixed-method approach that combines secondary data analysis with case studies, the research reveal that while European Union integration and access to cohesion funds have accelerated green finance development, specific challenges persist (like limited market depth, or regulatory fragmentation).
Green Finance EU Taxonomy Green Transition.
Publicat
31.08.2026
DS
Daniel-George Surdu Corespondent
Romanian Academy, School of Advanced Studies of the Romanian Academy, Doctoral School of Economic Sciences, National Institute for Economic Research “Costin C. Kirițescu”, Institute of National Economy, Bucharest, Romania
Daniel-George Surdu (2026). The Evolution of Financial Instruments Used in the Green Transition. Constantin Brâncuși University of Târgu Jiu Economics Series, 2(1), 742–759. https://doi.org/10.65631/jes.4.2026.69
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