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The article addresses the development of a green economy through the prism of renewable energy. Currently, interest in the development of renewable energy is growing dramatically, as evidenced by the highest growth of renewable energy among all energy sources in the world balance. The aim of this article is to carry out the quantitative assessment and to estimate economic potential from introduction of promising energy-saving and energy-efficient technologies, new energy sources. This paper considers the energy sector through the renewable energy sources, with a particular focus on the Barents region in view of its specific. The article gives a brief overview of the main types of renewable energy sources in this territory. The article is completed with the evaluation of the energy potential in Russian part of the Barents region.

Financing capital-intensive projects in the green economy is possible through green bonds. The assessment of the economic efficiency of the green bond market, the determination of its role in ensuring the energy and economic security of the regions and the development of directions and instruments for improving the efficiency and significance of the market for the Russian Federation are the aim of the study. The methodology involved the determination of the autocorrelation presence in the calendar series of bond yields using the Broysch-Godfrey LM test, the application of applied statistics methods to verify the existence of calendar effects on the stock exchange and analyze market reviews. Data on the green bond market were compared with data on other bonds. Market performance calculations were based on the S&P Green Bond Index and S&P 500 Bond Index. Features and benefits of green bonds as an instrument to ensure regional security were identified. The lack of market efficiency for green and other bonds, even in a weak form, was shown. The necessary institutional changes to improve the efficiency of the green bond market and develop it in the Russian Federation have been proposed. The findings are of theoretical importance, complementing the work on testing the hypothesis of an effective market, and of practical importance in the form of recommendations for on market improving.

The article is dedicated to the relevant issue of rural and coastal communities in Arctic Russia and Nordics development. As a result of the modern development of society, rural areas have undergone significant changes. People are leaving rural areas due to a lack of education and vocational training opportunities, unemployment, and limited social contact. Recognition of the importance of depopulation of the rural area has required all countries to look at their strategy of development in a new way. The article identifies the main directions for the development of the rural area in Arctic regions. The authors proposed measures on how to increase the attractiveness of living in rural areas by economic measures. The article identifies the main directions for the development of these territories the bioeconomy.