Abstract
The importance of this study lies in the fact that economic growth has led to environmental risks and degradation as a result of increased consumption of natural resources.Therefore, the aim of this research is to investigate the measures taken by foreign countries and domestically to regulate "green" financing.The paper will also analyze the evolution of "green" economic initiatives worldwide.This article will examine the primary financial institutions that invest in projects related to the green economy and the financial mechanisms employed to regulate these initiatives in other countries.Additionally, the development of green finance institutions in Kazakhstan and the policies adopted by Kazakh companies concerning the implementation of sustainable development concepts will be discussed.Based on the findings, it can be concluded that the development of "green" financing institutions in the Republic of Kazakhstan is still in its early stages and lags far behind foreign countries.