With countries around the world increasingly prioritizing climate change mitigation and sustainable development, the development of green finance is gaining momentum. Our institute is releasing a series of viewpoint articles on global green finance development, aiming to introduce the development of green finance in major economies worldwide to relevant stakeholders in China. The articles summarize the experiences and insights from various countries’ green finance development and explore the prospects for cooperation between China and the examined countries in the field of green finance. This article, the fifth in the series, focuses on the current state of green finance development in Russia and explores prospects for Sino-Russian cooperation in green finance.