Abstract:

The article examines the project financing market’s structure and dynamics in developed countries and Russia. The following trends have been identified: an increase in the total number of projects, mainly due to renewable energy; an increase in the project financing transactions’ total cost that meet Sustainable Development Goals, as well as a reduction in entry barriers for small and medium-sized investors. The project financing’s most common types in the context of international business’s modern economic conditions are characterized. The problems and prospects of the leasing form of financing in the context of a pandemic and global supply chains and global value chains’ disruption are assessed. The project financing’s advantages for social and economic systems are revealed, the most important of which the authors consider the growth of average return on investment (ROI) and payback period (DPP) indicators for private investors, as well as the business’s financial and information transparency improvement. This factor is one of the prerequisites for attracting "green" investments that meet the sustainable development principles. Conclusions about the prospects for the project financing’s development in the world are formulated.