Green Banking for Sustainable Development
The ever-increasing threat of global climate change, environmental pollution, and the destructive impact of human activities highlight the need for more detailed research into tools to increase a country’s environmental sustainability. In addition, it promotes the search for additional sources of f...
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| Format: | Article |
| Language: | English |
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National Research University Higher School of Economics
2023-06-01
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| Series: | Foresight and STI Governance |
| Subjects: | |
| Online Access: | https://foresight-journal.hse.ru/article/view/19271 |
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| _version_ | 1849703812725473280 |
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| author | Fakhri Fuad Murshudli |
| author_facet | Fakhri Fuad Murshudli |
| author_sort | Fakhri Fuad Murshudli |
| collection | DOAJ |
| description |
The ever-increasing threat of global climate change, environmental pollution, and the destructive impact of human activities highlight the need for more detailed research into tools to increase a country’s environmental sustainability. In addition, it promotes the search for additional sources of funding for these activities. For developing countries, one of the main sources of environmentally sustainable development is international bank financing. Therefore, this study aims to analyze how international green banking affects the environmental sustainability of developing countries. For this purpose, the data series were compiled for the period of 2010 to 2020. The annual data for panel regression analysis are retrieved from the OECD and World Bank Open Data. The identified effects can be useful for government officials in terms of determining the benefits of using international green banking for gaining environmental sustainability.
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| format | Article |
| id | doaj-art-c9fbbfc77f054fc9aaca75029ee0560f |
| institution | DOAJ |
| issn | 2500-2597 |
| language | English |
| publishDate | 2023-06-01 |
| publisher | National Research University Higher School of Economics |
| record_format | Article |
| series | Foresight and STI Governance |
| spelling | doaj-art-c9fbbfc77f054fc9aaca75029ee0560f2025-08-20T03:17:03ZengNational Research University Higher School of EconomicsForesight and STI Governance2500-25972023-06-0117210.17323/2500-2597.2023.2.82.94Green Banking for Sustainable DevelopmentFakhri Fuad Murshudli0Azerbaijan State University of Economics, 6 Istiqlaliyyat str., Baku, AZ1001, Azerbaijan The ever-increasing threat of global climate change, environmental pollution, and the destructive impact of human activities highlight the need for more detailed research into tools to increase a country’s environmental sustainability. In addition, it promotes the search for additional sources of funding for these activities. For developing countries, one of the main sources of environmentally sustainable development is international bank financing. Therefore, this study aims to analyze how international green banking affects the environmental sustainability of developing countries. For this purpose, the data series were compiled for the period of 2010 to 2020. The annual data for panel regression analysis are retrieved from the OECD and World Bank Open Data. The identified effects can be useful for government officials in terms of determining the benefits of using international green banking for gaining environmental sustainability. https://foresight-journal.hse.ru/article/view/19271corporate social responsibility (CSR)environmental performanceinternational bankinggreen bankingenvironmental sustainability strategiesgreen innovation |
| spellingShingle | Fakhri Fuad Murshudli Green Banking for Sustainable Development Foresight and STI Governance corporate social responsibility (CSR) environmental performance international banking green banking environmental sustainability strategies green innovation |
| title | Green Banking for Sustainable Development |
| title_full | Green Banking for Sustainable Development |
| title_fullStr | Green Banking for Sustainable Development |
| title_full_unstemmed | Green Banking for Sustainable Development |
| title_short | Green Banking for Sustainable Development |
| title_sort | green banking for sustainable development |
| topic | corporate social responsibility (CSR) environmental performance international banking green banking environmental sustainability strategies green innovation |
| url | https://foresight-journal.hse.ru/article/view/19271 |
| work_keys_str_mv | AT fakhrifuadmurshudli greenbankingforsustainabledevelopment |