NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP
This study aims to investigate the role of financial literacy in green microfinance investment in women's microfinance groups. It considers renewable energy efficiency and financial literacy as factors that influence green microfinance. The study's main goal is to examine the direct and i...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, University of Tuzla
2024-05-01
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| Series: | Economic Review |
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| Online Access: | https://www.er.ef.untz.ba/index.php/er/article/view/197 |
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| author | Min-Sun Kim Andrian Dolfriandra Huruta Cheng-Wen Lee |
| author_facet | Min-Sun Kim Andrian Dolfriandra Huruta Cheng-Wen Lee |
| author_sort | Min-Sun Kim |
| collection | DOAJ |
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This study aims to investigate the role of financial literacy in green microfinance investment in women's microfinance groups. It considers renewable energy efficiency and financial literacy as factors that influence green microfinance. The study's main goal is to examine the direct and indirect relationships among these three factors. The findings suggest that a pro-climate (SDG 13) policy in response to energy efficiency (SDG 7) is supported by pro-local knowledge-based financial inclusion (SDG 4). Energy efficiency, climate action, and local knowledge-based financial inclusion are seen as policy options to reduce poverty in rural areas in East Sumba.
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| format | Article |
| id | doaj-art-9d584c9716bc424fa37d060ac0d71c98 |
| institution | Kabale University |
| issn | 1512-8962 2303-680X |
| language | English |
| publishDate | 2024-05-01 |
| publisher | Faculty of Economics, University of Tuzla |
| record_format | Article |
| series | Economic Review |
| spelling | doaj-art-9d584c9716bc424fa37d060ac0d71c982025-02-11T00:32:45ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2024-05-01221NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUPMin-Sun Kim0Andrian Dolfriandra Huruta1Cheng-Wen Lee2International Undergraduate Program in Business and Management, Chung Yuan Christian UniversityDepartment of Economics, Satya Wacana Christian University, IndonesiaDepartment of International Business, Chung Yuan Christian University, Taiwan This study aims to investigate the role of financial literacy in green microfinance investment in women's microfinance groups. It considers renewable energy efficiency and financial literacy as factors that influence green microfinance. The study's main goal is to examine the direct and indirect relationships among these three factors. The findings suggest that a pro-climate (SDG 13) policy in response to energy efficiency (SDG 7) is supported by pro-local knowledge-based financial inclusion (SDG 4). Energy efficiency, climate action, and local knowledge-based financial inclusion are seen as policy options to reduce poverty in rural areas in East Sumba. https://www.er.ef.untz.ba/index.php/er/article/view/197women microfinance groupgreen microfinancerenewable energy efficiencyfinancial literacyPLS-SEM |
| spellingShingle | Min-Sun Kim Andrian Dolfriandra Huruta Cheng-Wen Lee NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP Economic Review women microfinance group green microfinance renewable energy efficiency financial literacy PLS-SEM |
| title | NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP |
| title_full | NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP |
| title_fullStr | NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP |
| title_full_unstemmed | NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP |
| title_short | NEXUS BETWEEN RENEWABLE ENERGY EFFICIENCY, FINANCIAL LITERACY, AND GREEN MICROFINANCE: THE CASE OF WOMEN MICROFINANCE GROUP |
| title_sort | nexus between renewable energy efficiency financial literacy and green microfinance the case of women microfinance group |
| topic | women microfinance group green microfinance renewable energy efficiency financial literacy PLS-SEM |
| url | https://www.er.ef.untz.ba/index.php/er/article/view/197 |
| work_keys_str_mv | AT minsunkim nexusbetweenrenewableenergyefficiencyfinancialliteracyandgreenmicrofinancethecaseofwomenmicrofinancegroup AT andriandolfriandrahuruta nexusbetweenrenewableenergyefficiencyfinancialliteracyandgreenmicrofinancethecaseofwomenmicrofinancegroup AT chengwenlee nexusbetweenrenewableenergyefficiencyfinancialliteracyandgreenmicrofinancethecaseofwomenmicrofinancegroup |