The Growth of “Green” finance at the global level in the context of sustainable economic development

Niyazbekova, Shakizada; Jazykbayeva, Baldyrgan; Mottaeva, Angela; Beloussova, Ella; Suleimenova, Buldyryk; Зуева, А.С.

doi:10.1051/e3sconf/202124410058

Cited by 46 publications

(12 citation statements)

References 12 publications

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“…Numerous studies have been recently conducted in the field of GF worldwide [1,3,12,16,[21][22][23][24][25][26][27][28][29][30][31][32], and these studies are mostly centered on GF for sustainable economic development [23][24][25]31,32]; the impact of GF on Fintech [26]; GF trends and opportunities [3,16,22,28]; the environmental effect of GF reform and innovations [17,29]; GF development and sustainability [1,27,33,34]; GF standards and green bonds [21,30]; and GF and sustainable development [12,[35][36][37]. Besides this, a few studies have tried to identify the relationship between GF and the green economy [7,38]; GF, carbon intensity, and non-fossil energy consumption, as well as climate change mitigation in the context of N11, BRICS countries, and China [39,40]; and sustainability performance [19,41].…”

Section: Introductionmentioning

confidence: 99%

Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance

et al. 2021

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Despite the increasing popularity of green finance and sustainable investment in the field of Sustainable Development Goals (SDGs), very few studies have investigated the effect of green finance dimensions on the sustainable performance of banks. Therefore, this study attempts to examine the dimensions of green finance and their effects on the sustainability performance of financial institutions in developing economies such as Bangladesh. The study also depicts the level of green financing adoption among the banks and non-bank financial institutions in the country between 2015 and 2020. Considering the nature of the dataset, the structural equation modeling technique was employed in this study to fulfil the research objectives. Amongst banks and non-bank financial institutions, the study highlighted private commercial banks as being the highest contributor to green financing, accounting for 78.12% of the total green financing in Bangladesh. In addition, the empirical findings revealed that the dimensions of green finance are related to the economic, social, and environmental aspects of the SDGs. Furthermore, empirical findings indicated that the dimensions of green finance—social, economic, and environmental—have a strong positive effect on the sustainability performance of banks. The study also discovered that approximately 95% of bankers identify green financing as an essential element in the short- and long-term development of banking strategies in Bangladesh. Consequently, this study adds to the body of knowledge on green finance development and the sustainability performance of banks and financial institutions in emerging economies such as Bangladesh. Therefore, major managerial policy implications are discussed.

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Section: Introductionmentioning

confidence: 99%

Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance

et al. 2021

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“…The main directions of the programs reflect the positions of the investment strategy in the field of environmental protection and make it possible to develop strategic programs for the development of industry based on the introduction of modern environmentally friendly technologies for the production of products and the processing of the resulting waste. The implementation of top-priority plans aimed at achieving the program goals of the regional environmental and investment policies will, in our opinion, allow the population to realize the right to a healthy environment, ensure environmental safety, improve the quality of atmospheric air, reduce the intake of pollutants with wastewater in the water area based on the implementation of eco-efficient investment projects [10][11][12][13][14].…”

Section: Resultsmentioning

confidence: 99%

Rationality of creating mechanisms of state regulation of investment activities in the context of environmental processes

et al. 2021

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The paper discloses the conceptual and theoretical foundations and approaches to the formation of state mechanisms for regulating the development and implementation of eco-economically efficient investment projects. The mechanisms of state regulation of investment activity, like similar mechanisms in other spheres of activity, are guided by a quite definite result, which can be called target. This result is the effects obtained in the form of the impact of the processes of economic activity of an industrial enterprise on the environment after the implementation of the investment project.The main mechanism for the implementation of regulatory and legal support is economic one based on the development of state forecasts of the socio-economic development of the country, its individual regions and their ecological state. In our opinion, the economic mechanism should also be based on forecasts of investment activities carried out from various sources and various industries, regions, a forecast assessment of the investment attractiveness of the national economy in general, industries, regions.

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“…economic, social, and environmental concerns. It analyses and predicts the impact of policies measures (Niyazbekova, et al, 2021).…”

Section: Rozwój Zielonej Gospodarkimentioning

confidence: 99%

Green Economic Development as the Framework for Green Finance and Green Investment

Vargas-Hernández¹,

Rakowska

Vargas-González

2022

Economic and Regional Studies / Studia Ekonomiczne I Regionalne

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Subject and purpose of work: This study aims to analyse the main elements of the green economic development as a framework for green finance and green investment. The analysis spurs from the underlying notion that green economics is inherently a normative framework and a school of thought development of the neo-classical economic thinking with conceptual assumptions, deficiencies, and contradictions, beginning to set out the roots, aims and philosophical principles. Materials and methods: The methods used are the analytical and descriptive ones based on the critical literature review and an experiential reflective attitude on the key issues concerning the variables of green economic development, green finance, and green investment. Conclusions: It is concluded that the implementation of green economy activities have many obstacles to face. The inadequate funding and the institutional support in collaborations and coordination practices are the most crucial.

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The Growth of “Green” finance at the global level in the context of sustainable economic development

Cited by 46 publications

References 12 publications

Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance

Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance

Rationality of creating mechanisms of state regulation of investment activities in the context of environmental processes

Green Economic Development as the Framework for Green Finance and Green Investment

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