scholarly journals A fenntartható fejlődés elvei és azok érvényre jutása a banki gyakorlatban II. rész (The principles of sustainable development and their realization in the banking practice II. part)

2012 ◽  
pp. 57-63
Author(s):  
Éva Pintér ◽  
Nikolett Deutsch
Keyword(s):  
Sustainable Development ◽  
Financial Institutions ◽  
Relevant Literature ◽  
Project Financing ◽  
Internal Factor ◽  
Social Risks ◽  
The Social ◽  
Wide Range ◽  
Sustainable Finance

Az utóbbi évtizedben a környezettudatos gazdálkodás szerepének felértékelődése új tevékenységi területet nyitott meg a bankok előtt, amit nemzetközi szóhasználattal élve green banking-nek neveznek. A fenntartható fejlődést támogató projektek banki finanszírozása számos lehetőséget nyit a pénzügyi intézmények számára – hírnév, új ügyfélbázis, kockázatcsökkentés, jövedelmezőség növelése –, amennyiben a bankok a fenntarthatóság elveit megfelelően integrálják működési stratégiájukba. A cikksorozat második részében a szerzők a bankok fenntartható működését támogató külső és belső motiváló tényezőit veszik vizsgálat alá, amelyet már nemzetközi elvek és megállapodások is szabályoznak és támogatnak. Kiemelt fontosságot tulajdonítanak a környezettudatos gazdálkodás banki stratégiába történő integrálásának, melynek alapjait teremthetik meg a cikkben vizsgált nemzetközi irányelvek. ________ In the last decade, a lot of publications came to light, dealing with the social and environmental responsibility of financial institutions. Banks are expected to improve their competitive advantage by demonstrating economic development, while promoting environment care and social responsibility. This sustainable finance means to manage environmental and social risks in corporate lending and project financing. Green financial institutions have developed a wide range of innovations that can support sustainable development. This article highlights a few external and internal factor that support this aim, and which are regulated by international principles. However the authors’ survey shows that in the relevant literature there are a lot of ways to define sustainability and its achievement. They suggest that all of them can be interpreted associated with green banking operation. The goal of this paper is to identify the role of financial institutions in achieving sustainable development, and stress its strategic importance. The authors also attempt to show, why and how can this sector become the promoter of sustainability.

scholarly journals PRINCIPAL APPROACHES TO ENSURING ECONOMIC HOMEOSTASIS FROM THE POSITION OF SUSTAINABLE FINANCE

2021 ◽  
pp. 34-42
Author(s):  
Igor Bystryakov ◽  
Dmytro Klynovyi
Keyword(s):  
Sustainable Development ◽  
Economic System ◽  
Social Economic ◽  
Specific System ◽  
Basic Principles ◽  
Self Sufficiency ◽  
The Social ◽  
Sustainable Finance

The purpose of the article is to outline the basic principles of achieving economic homeostasis and determination of the basic principles of homeostasis of economic systems from the standpoint of the concept of sustainable finance. It was found that the determining factor for the sustainability of the economic system is to ensure both its system-wide homeostasis and homeostasis in each of the subsystems in social, economic and environmental dimensions, which can be realized through a specific system of sustainable finance. It is determined that three factors should play an important role in the system of sustainable finance: building feedback mechanisms between the economic system and the environment and within its elements; creation of financial reserves and construction of channels of their direction on the needs of sustainable development; strengthening the links between finance and the real sector of production. The concept of systemic homeostasis is considered in the context of sustainable development management as a balanced state of dynamic self-sustaining balance in the development of socio-ecological and economic entities, which are considered as living systems of organized complexity. The focus is on proactive forms of homeostasis management, the essence of which, in contrast to reactive forms, is to respond to changes in the interaction of the system with its environment actively and purposefully. Financial dominance is considered as a separate fundamental functional component of the sustainable management system, the role of which is to ensure effective distribution relations between the social, economic and environmental components of the economy, and within each of them through appropriate institutions, mechanisms and tools. Principles of the dominant approach, functionality, vertical and horizontal integration feedback and self-sufficiency are proposed on the basis of the paradigmatic concept of sustainable finance. It is shown that their use will allow to build an internally stable financial component, which is capable to provide homeostasis in the socio-ecological and economic system and the rate of sustainable development at 3–4 % of annual economic growth.

scholarly journals The Role of Islamic Finance in Achieving Sustainable Development in Libyan Institutions

2021 ◽  
Vol 1 (4) ◽  
pp. 93-110
Author(s):  
Fatima Nesmane
Keyword(s):  
Sustainable Development ◽  
Financial Institutions ◽  
Social Economic ◽  
Research Problem ◽  
Social Stability ◽  
The Social ◽  
The Status ◽  
Islamic Financial Institutions ◽  
Environmental Level

This paper aims to study Islamic financing formulas in terms of their impact on achieving sustainable development, and alerting points of influence and distinction, and the research problem lies in revealing the status of Islamic financial institutions. Achieving sustainable development, and Islamic financing formulas are important and related to the dimensions of sustainable development. If used optimally, it achieves sustainable development, and Islamic financing formulas directly affect aspects of sustainable development by providing social stability, economic advancement, and commercial movement, and they also contribute to environmental development because they do not allow transactions that lead to damage and waste of resources. The study descriptive analytical approach and the study concluded that Islamic financial institutions should diversify their products so that Islamic financing formulas achieve their goal in contributing to the development of all aspects of sustainable development, whether on the social, economic or environmental level and not limited to one product without the other.

scholarly journals LOCAL BENEFITS OF THE ATLANTIC FOREST: EVIDENCES FROM RURAL COMMUNITIES IN SOUTHERN BRAZIL

2016 ◽  
Vol 19 (3) ◽  
pp. 87-112 ◽  
Author(s):  
GISELE GARCIA ALARCON ◽  
ALFREDO CELSO FANTINI ◽  
CARLOS H. SALVADOR
Keyword(s):  
Rural Communities ◽  
Social Reproduction ◽  
Rural Areas ◽  
Forest Resources ◽  
Environmental Services ◽  
Ecological Corridor ◽  
The Social ◽  
Wide Range ◽  
Local Use

Abstract Environmental services provided by forests are essential to the social reproduction of populations in rural areas. Perceptions about the services provided by forests play an important role in the planning of landscapes; however, few studies have investigated this issue. This study aimed at understanding how farmers perceive the role of forests in maintaining environmental services. One hundred farmers from the Chapecó Ecological Corridor - SC were interviewed. Provisioning and regulating services were mentioned most often. Water availability ranked first (65%), followed by the maintenance of habitat for biodiversity (34%) and firewood (23%). Income and local use of forest resources were the variables that best explained farmers' perceptions of forest benefits. Nevertheless, the use of forest resources has been limited by restrictions imposed by environmental legislation, which is affecting the perception of farmers about the wide range of environmental services provided by forests.

scholarly journals FRAMING THE SOCIAL RESPONSIBILITY ROLE OF ISLAMIC FINANCIAL INSTITUTIONS WITHIN A THREE-SECTOR ECONOMIC MODEL

2019 ◽  
Vol 7 (1) ◽  
pp. 180-188
Author(s):  
Mohd Nizam Barom
Keyword(s):  
Social Responsibility ◽  
Social Welfare ◽  
Financial Institutions ◽  
Economic Model ◽  
Third Sector ◽  
Welfare Provision ◽  
Integrative Framework ◽  
The Social ◽  
Islamic Financial Institutions

Purpose: This paper examines and reflects the ongoing debate on the social responsibility role of Islamic financial institutions (IFIs) in the light of the literature in the area of third sector and three-sector economic model. Subsequently, it seeks to develop a framework that can be used to conceptualise the potential interaction between the different sectors in the economy in relation to social welfare issues and locate the social responsibility role of IFIs within this framework.    Methodology: The paper uses an integrative analysis of Islamic finance and third sector literature, particularly on the American and European conceptions of the interactions between the three main sectors in the economy, i.e. public, private and ‘third’ sectors. Results: The paper develops a modified circular flow of income and expenditure model as a basis for the integrative framework for social welfare provision within a three-sector economic model. Subsequently, it locates the social responsibility role of IFIs within this framework with the understanding that social welfare burden is a collective responsibility and therefore shared among the various potential welfare providers in the economy.  Implications: The integrative framework of social welfare provision within a three-sector economic model as conceptualised in this paper highlights a multi-institutional approach towards promoting socio-economic justice and society's well-being in an Islamic economy, and hence provides a proper and reasonable context for social responsibility roles expected of IFIs.

INFLUENCE OF IMMOVABLE CULTURAL HERITAGE ON SUSTAINABLE DEVELOPMENT OF RURAL SETTLEMENTS

2007 ◽  
Vol 31 (4) ◽  
pp. 213-224
Author(s):  
Indrė Gražulevičiūtė-Vileniškė ◽  
Vilma Karvelytė-Balbierienė
Keyword(s):  
Sustainable Development ◽  
Cultural Heritage ◽  
Rural Areas ◽  
Social Economic ◽  
Economic Viability ◽  
Rural Settlements ◽  
Settlement System ◽  
Large Cities ◽  
The Social

Rural areas cover the largest part of the territory of Lithuania as well as that of the whole Europe. Rural settlements are also the most abundant category in the settlement system of the country. Therefore, their social, economic, and cultural viability- as well as ecologic sustainability playan important role striving towards the goals of sustainable development. During the last years projects promoting various aspects of sustainability are implemented not only in large cities and towns, but also in smaller municipalities, nevertheless many rural settlements still are not influenced by these trends. The tendency of decrease of the population of the country, emigration, migration of young and qualified persons to larger cities and towns, poverty and unemployment cause the threat to the most fragile elements of the rural settlement system, such as steadings, manor residencies and ethnographic village settlements. In order to stop these processes it is necessary to search for means to sustain the social and economic viability of rural settlements. During the last decade significant role of cultural heritage in implementing strategies of sustainable development was universally recognized. It is acknowledged that sustainable preservation, maintenance, and use of cultural heritage, especially immovable, positively influence the social, economic, cultural and even environmental dimensions of sustainable development. Sustainable development opportunities provided by immovable cultural heritage are essential for small rural settlements which are not distinguished by important natural resources or favorable location. In this instance social and cultural viability is as much essential for preservation of immovable cultural heritage of these settlements, as immovable cultural heritage is essential for sustention of their social and economic viability. Nekilnojamojo kultūros paveldo įtaka darniam kaimo gyvenamųjų vietovių vystymuisi Santrauka Didžiąją Lietuvos, kaip ir visos Europos, teritorijos dalį sudaro kaimo vietovės, o didžiąją dalį gyvenamųjų vietovių – kaimo gyvenamosios vietovės, taigi jų socialinis, eko nominis ir kultūrinis gyvybingumas bei eko loginis tvarumas atlieka lemiamą vaidmenį siekiant šalies darnaus vystymosi tikslų. Pastaraisiais metais darnų vystymąsi skatinantys projektai jau įgyvendinami ne tik didžiuosiuose Lietuvos miestuose, bet ir mažesnėse savivaldybėse, tačiau daugelio kaimo gyvenamųjų vietovių šis procesas kol kas nepaliečia. Bendro šalies gyventojų skaičiaus mažėjimo tendencija, emigracija, jaunų ir kvalifikuo tų žmonių migracija į didžiuosius šalies miestus, skurdas ir nedarbo grėsmė kelia sunykimo grėsmę patiems jautriausiems ir kultūriniu požiūriu vertingiausiems šalies kaimo gyvenamųjų vietovių sistemos elementams, tokiems kaip vienkieminės sodybos, buvusių dvarų ir palivarkų sodybos ar etnografinės kaimų gyvenvietės. Siekiant sustabdyti šiuos neigiamus socialinius, eko nominius bei kultūriniu procesus, būtina ieškoti būdų, kaip užtikrinti kaimo gyvenamųjų vietovių socialinį bei eko nominį gyvybingumą. Pastaraisiais metais pasaulyje vis aiškiau suvokiamas kultūros paveldo vaidmuo darnaus vystymosi kontekste. Visuotinai pripažįstama, jog kultūros paveldo, ypač nekilnojamojo, apsauga, priežiūra bei naudojimas turi teigiamos įtakos darniam vystymuisi socialinėje, eko nominėje, kultūrinėje ir kt. dimensijose. Nekilnojamojo kultūros paveldo teikiamos darnaus vystymosi galimybės itin reikšmingos nedidelėms, išskirtinių gamtinių išteklių neturinčioms bei patogia geografine padėtimi nepasižyminčioms kaimo gyvenamosioms vietovėms. Jų socialinis ir eko nominis gyvybingumas kultūros paveldui išsaugoti yra toks pats svarbus, kaip ir kultūros paveldas socialinio ir eko nominio šių gyvenamųjų vietovių gyvybingumo palaikymu.

Before Kṛṣṇa

2021 ◽  
Author(s):  
Kanika Kishore Saxena
Keyword(s):  
Historical Data ◽  
Religious History ◽  
Religious Traditions ◽  
The Social ◽  
Wide Range ◽  
History Of ◽  
Coherent Picture

Mathura is famous for its association with Vāsudeva‒Kṛṣṇa, an important deity of the Hindu pantheon. However, apart from the sanctity attached to this place by Hindus, it has also provided conditions for the nurturing of Buddhist, Jaina, nāga and yakṣa traditions. This book engages in a wide range of epigraphic, archaeological and art historical data from the various sites in the Mathura area and weaves this to present a coherent picture of the variegated religious history of the area from c.600 CE to c.1000 CE, which witnessed various religions/cults/sects competing for attention and patronage. The chapters in this book have been divided according to religious traditions, namely, Jainism, Buddhism and Hinduism, along with the Kṛṣṇa, yakṣa, nāga, and mātṛkā cults. It raises many important issues related to Jainism, Hinduism, Buddhism and Jainism as well as older cults of the yakṣas and nāgas. The objects of donation ranged from images, stūpas, temples to tanks and gardens. Donations by monks and nuns; together with laity from different locations within and beyond Mathura, amply reflect on the social mosaic of the time. The role of monastics and laity, the nature of patronage, and the social and political underpinnings of the religious history are also examined, all within a long, diachronic frame. This book reveals the complexity of the religious history of Mathura to provide the reader a taste of its diversity and plurality.

Promoting Environmental Sustainability Governance

2021 ◽  
pp. 1-21
Author(s):  
Miftachul Huda ◽  
Azmil Hashim ◽  
Mohd Aderi Che Noh ◽  
Mohd Hairy Ibrahim ◽  
Budi Rismayadi ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Environmental Sustainability ◽  
Environmental Concern ◽  
Policy Formulation ◽  
Point Of View ◽  
Strategic Partnership ◽  
Development Agenda ◽  
Wide Range ◽  
University Industry

In the last decade, the emerging needs for social responsibility on environmental concern has been considerably transmitted into the initiative of firm alliance. This chapter attempts to examine the essential points of university-, industry-, and community-based strategic partnership for further collaboration alliance. This chapter focuses on the key role of strategic partnership with cooperating into the concern in driving the procedural stage on sustainable development. The findings reveal that outstanding value of strategic partnership would give insights into empowering sustainable-based institutional arrangements assigned with the wide attempts to contribute the prudent public policy formulation to implement the good service to solve environmental and related issues. The value is that strategic partnership trend incorporated in this context would be the point of view for sustainable development agenda rooted into the way of living processes paradigm together with demonstrating the wide range of sustainable governance.

Social care, the personal passport, and reasonable adjustments

2018 ◽  
Author(s):  
Traolach S. Brugha
Keyword(s):  
Health Care ◽  
Risk Management ◽  
Social Worker ◽  
Health Professionals ◽  
Social Care ◽  
Care Planning ◽  
The Social ◽  
Wide Range ◽  
Adult Autism

Where treatment and health care is no longer able to bring relief and improve functioning, social care should take over. In this chapter, we discuss the development of social care in the context of adult autism, and the range of its concerns and interests is considered. The key role of the social worker, particularly as a broker of social care, is developed. Health professionals define the need for reasonable adjustments to assessed disability, and the content of a personal passport, summarizing individual’s needs. Health professionals also have a key role in risk management, although the social worker may have a key co-ordinating role. A wide range of contexts for social care within and beyond health care is considered. The distinction between individual need and care planning, and the role of the wider society, which will be covered in Chapter 14, concludes this chapter.

Sustainable Finance

2019 ◽  
Author(s):  
Matthew Archer
Keyword(s):  
Sustainable Development ◽  
Political Ecology ◽  
Financial Institutions ◽  
Natural Capital ◽  
Corporate Sustainability ◽  
Socially Responsible Investing ◽  
Socially Responsible ◽  
Impact Investing ◽  
Responsible Investing ◽  
Sustainable Finance

Sustainable finance refers to the integration of environmental, social, and governance (or ESG) considerations in processes of financial decision-making. It includes a number of strategies and financial instruments, such as green bonds, screening, impact investing, socially responsible investing, and so on. Over the past few decades, sustainable finance has evolved from a strategy employed by ethical investors (such as religious institutions) to screen “bad” companies (arms, alcohol, and tobacco manufacturers; casinos; etc.) from their portfolios to an increasingly central part of banks’ and other financial institutions’ risk management strategies. Over the next few years, scholars and practitioners expect sustainable finance to evolve even further, becoming a strategy for investors to actively pursue new opportunities that traditional financial analyses fail to reveal or accurately value. In that sense, sustainable finance has evolved alongside corporate sustainability, shifting from a values-based focus on social responsibility to a more explicitly financial focus on long-term, strategic growth. For the purposes of this essay, sustainable finance refers to a number of trends, including impact investing, socially responsible investing, financing for sustainable development, and so on. Early analyses of sustainable finance were focused on establishing correlation between the integration of social and environmental concerns in investment decisions and the performance of those investments. More recent analyses have started trying to understand the causal relationships between impacts and investments, and between social-environmental performance and financial performance. The role of financial institutions like mutual funds and insurance companies in mitigating climate change and promoting sustainable development has become an important topic for practitioners and policymakers, as well as for academics interested in sustainable development, corporate sustainability, and a range of other issues. However, sustainable finance has remained more or less marginal within mainstream academic finance, owing in part to the idea that it does not offer anything theoretically new to study. And yet, as a number of scholars have shown, sustainable finance offers a novel lens through which to study emergent forms of risk and their interaction with each other, as well as more classic theoretical problems such as governance, performativity, and valuation. Because this is an emerging and rapidly evolving field, many of the works cited are relatively recent. A growing contingent of critical scholars, especially in economic geography and political ecology, has also formed around the notion of natural capital and the valorization/financialization of nature it engenders.

scholarly journals A business balance model of interaction between structures participating in sustainable development of cities

2018 ◽  
Vol 170 ◽  
pp. 02003
Author(s):  
Ludmila Kamenik
Keyword(s):  
Sustainable Development ◽  
Urban Space ◽  
Social Factor ◽  
Business Community ◽  
Balance Model ◽  
The Sustainable Development ◽  
Industrial Areas ◽  
The Social ◽  
Additional Costs

The paper considers the following components: business and problems of modernization of former industrial areas, as one of the important trends forming urban development stability. It is revealed that the social factor is not considered, which also prevents city are as from transforming and business from developing. Reconstructing urban space while handling former industrial areas is becoming a growing problem of cities and requires that business community should be involved in this sector. The specific role of business here is that these objects are located in residential neighborhoods and are closely connected with the social factor (population). Itimplies that the social factor need to be considered and leads to additional costs. Business does not want to participate in bearing these costs, there is no attractive model, and authorities can not fully cover all the costs by themselves. Citizens protest if the transformations violate their interests, which is accompanied by risks for capital, business and government bodies. Within a market economy, citizens are a business structure too, since they have an impact on capital. To solve the problem it is necessary to search for a new form of interaction between the three structures: business, state andcitizens. The author suggests a new model of interaction between the participants of the process, which, in her opinion, if applied in practice, is able to activate business development and accelerate the transformation of depressed areas, thereby contributing to the sustainable development of a city.

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