Enhancing sustainable mining with effective design of financial assurance programs: A viewpoint on the various legal and regulatory frameworks of Zambia, South Africa and Chile

Wambwa, Davies; Mundike, Jhonnah; Chirambo, Brian

doi:10.1016/j.ssaho.2023.100638

Cited by 4 publications

(1 citation statement)

References 32 publications

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“…Guarantors provide an essential factor in mitigating risk by assuring lenders that borrowers would repay credit. However, lenders may perceive higher risks, leading to hesitancy in extending credit when the number of available guarantors is limited [123]. The distance between lenders and borrowers can present challenges due to various reasons, including transaction costs, limited information flow, infrastructure and communication challenges, risk perception, and cultural and social factors [124,125].…”

Section: The Ranking Of Challenges To Access Agricultural Credit For ...mentioning

confidence: 99%

Identifying Credit Accessibility Mechanisms for Conservation Agriculture Farmers in Cambodia

Men,

Hok,

Seeniang

et al. 2024

Agriculture

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As the expected cost of conservation agriculture (CA) inputs becomes an issue for farmers, financial institutions (FIs) play an essential role in promoting CA, a set of agricultural management practices with multiple positive effects. This research aimed to determine influencing factors, to rank challenges, and identify mechanisms for farmers to access agricultural credit for adoption of CA management practices in Cambodia. It was administered by conducting a survey of 242 randomly selected households for face-to-face interviews and conducting key informant interviews from purposive samples of 28 participants in Battambang and Preah Vihear provinces. The results indicated that influencing factors, including the family, adult labor and total farm size, had a positive relationship with farmers’ accessibility to agricultural credit, whereas age was negative. However, education year, farm size for main crops, on-farm income and farm experience were not significantly associated. High interest rates were the significant first-order challenge ranked, followed by document process complication, limited agricultural credit information, limited collateral security and a few other challenges. Support and improved process mechanisms to enhance credit accessibility are required to engage with multiple stakeholders, including farmers, FIs, non-government organizations (NGOs) and government officers. There has been a reduction in agricultural credit interest rates and incentives for importing CA inputs by the government, while provision of information support for agribusiness plans by NGOs which have implemented development project activities were considered as the main support mechanism. An improved process mechanism at the farmers’ level needs to include access to credit with low interest rates and a straightforward documentation process, whereas the FI level requires a business plan for lending decisions. It is evident that high lending rates hinder access to agricultural credit and the improvement of support and improved process mechanisms are necessary to better promote CA practices among farmers in Cambodia.

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Section: The Ranking Of Challenges To Access Agricultural Credit For ...mentioning

confidence: 99%

Identifying Credit Accessibility Mechanisms for Conservation Agriculture Farmers in Cambodia

Men,

Hok,

Seeniang

et al. 2024

Agriculture

View full text Add to dashboard Cite

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Balancing economic development, social responsibility, and environmental conservation through financial assurance programs in sub-Saharan Africa’s mining industry

Wambwa,

Mundike,

Chirambo

2023

Environ Dev Sustain

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Mapping the path to sustainable accounting: a DEMATEL-based analysis of key factors influencing effective extended producer responsibility in the circular economy

Sahu,

Jee,

Uddin

et al. 2024

JAOC

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Purpose This study aims to assess the factors influencing the effective implementation of extended producer responsibility (EPR) practices within the context of sustainable accounting goals and circular economy principles. It seeks to provide insights into the significance of EPR policies for manufacturing industries striving to enhance their environmental, social and governance performance while ensuring sustainable accounting of their business operations. Design/methodology/approach The methodology proposed in this article is based on the decision-making trial and evaluation laboratory (DEMATEL) technique. This approach formulates a structural framework for evaluating influential elements among critical recognized factors. By using DEMATEL, the study examines the interconnectedness between assessed factors through a cause-and-effect diagram, facilitating the integration of EPR into sustainable accounting practices. Findings The research findings reveal that the most impactful contributors to sustainable accounting practices of EPR within the framework of sustainable development goals and circular economy are producers, consumers, eco-design, public awareness and the support of local authorities. These findings underscore the importance of considering these factors in implementing EPR and advancing sustainable accounting practices. Originality/value This paper contributes to the literature by proposing a DEMATEL-based model for evaluating the factors affecting the implementation of EPR within the context of sustainable accounting goals and circular economy principles.

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Enhancing sustainable mining with effective design of financial assurance programs: A viewpoint on the various legal and regulatory frameworks of Zambia, South Africa and Chile

Cited by 4 publications

References 32 publications

Identifying Credit Accessibility Mechanisms for Conservation Agriculture Farmers in Cambodia

Identifying Credit Accessibility Mechanisms for Conservation Agriculture Farmers in Cambodia

Balancing economic development, social responsibility, and environmental conservation through financial assurance programs in sub-Saharan Africa’s mining industry

Mapping the path to sustainable accounting: a DEMATEL-based analysis of key factors influencing effective extended producer responsibility in the circular economy

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