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Finance and Credit
 

New areas for the development of responsible investment using digital financial instruments

Vol. 29, Iss. 2, FEBRUARY 2023

Received: 15 December 2022

Received in revised form: 29 December 2022

Accepted: 19 January 2023

Available online: 28 February 2023

Subject Heading: INVESTING

JEL Classification: E44, G11, G15, Q55

Pages: 315–336

https://doi.org/10.24891/fc.29.2.315

Natal'ya A. KHUTOROVA Institute of Law and National Security, Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russian Federation
Khutorova-na@ranepa.ru

https://orcid.org/0000-0002-2123-4573

Musa S. NASIBOV Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russian Federation
musa.nasibov.3003@mail.ru

https://orcid.org/0000-0003-4518-4977

Subject. This article discusses new areas for the development of responsible investment using digital financial instruments.
Objectives. The article aims to identify promising areas for the development of responsible investment using digital financial instruments.
Methods. For the study, we used general scientific research methods through logical, comparative, and statistical analyses.
Results. The article reveals a number of trends in the development of new areas of responsible investment using digital financial assets, as well as specific risks in this area.
Conclusions and Relevance. Given the current financial market conditions and active digitalization, the diversity of green digital financial assets will contribute to the expansion of instruments for socially responsible investing. The results obtained can be used by asset management companies and investment funds to develop investment strategies.

Keywords: socially responsible investing, sustainable financing, digital financial asset, tokenization, blockchain

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