scholarly journals Green Banking in the Way of Sustainable Development: An Overview of Practice and Progress in Bangladesh

2020 ◽  
pp. 105-119 ◽  
Keyword(s):  
Sustainable Development ◽  
Secondary Data ◽  
Present Situation ◽  
Literature Survey ◽  
Global Perspective ◽  
Extensive Literature ◽  
Secondary Sources ◽  
Green Finance ◽  
Literature Reviews ◽  
The Way

The main objective of the study is to evaluate the practice and progress of the activities of green banking in the way of sustainable development of Bangladesh. Green banking is regarded as sustainable banking, which has a role to safeguard the planet from environmental degradation, with an aim of ensuring sustainable development. It comprises the choices that take sustainability into account. Sustainable development is an expansion that comes across the requirements of the present situation without overlooking the capacity of future situations to meet the necessities. Bangladesh is in need of proper adaptation and utilization of green banking for its sustainable development. The present study is conceptual and analytical in nature based on the secondary data with an extensive literature survey along with scanning the annual and quarterly reports of Bangladesh Bank on green banking during the 2011-2019 fiscal years. The secondary sources of data are internet and commercial banks websites, Bangladesh Bank (BB) websites and literature reviews, etc. The collected data are analyzed and interpreted in the light of the practice and progress of activities of green banking in Bangladesh from a global perspective. The study shows that banking in Bangladesh is in the diversification phase passing through the intensification and foundation phases. It is progressing steadily. They have a lot more scope to contribute to the diversification of green finance in the way of sustainable development of Bangladesh. Rigorous, effective, and coherent efforts from banks in this regard are the demands of the day.

Analysis of Sustainable Development Path for Green Finance

2019 ◽  
pp. 62-83
Author(s):  
Hsu Chao Feng ◽  
Lee Bi Ru
Keyword(s):  
Sustainable Development ◽  
Environmental Protection ◽  
National Development ◽  
Development Project ◽  
Market Society ◽  
Rapid Economic Growth ◽  
Trade Offs ◽  
Green Finance ◽  
The Face ◽  
The Government

The development of green finance is a global trend in the current era. At present, developing the green finance has been included as an important national development project by the Chinese government. With the rapid economic growth, the priorities or trade-offs between the economic development and the natural environment have also aroused different contradictions and problems. With the improvement of people's quality of life, they start to pay more attention to the pollution of the surrounding environment. Therefore, the government should properly intervene and propose effective measures, and green finance is an excellent tool to reconcile social economy and environmental protection and transform the physical investment, thus guiding the social resources towards the environmental protection industry and reaching an optimal interests allocation among the market, society, and government. Consequently, in the face of such a situation, it is necessary to propose a series of models and paths that suit the needs of the Chinese society and promote sustainable development.

The Effect of Chinese Green Transformation on Competitiveness and the Environment

2022 ◽  
pp. 257-279
Author(s):  
Poshan Yu ◽  
Andong Jiao ◽  
Michael Sampat
Keyword(s):  
Sustainable Development ◽  
Environmental Issues ◽  
Clean Energy ◽  
Chinese Government ◽  
Financial Products ◽  
Green Finance ◽  
Total Failure ◽  
Green Transportation ◽  
The Government ◽  
New Policies

People in China are paying more attention to environmental issues as they increase in importance and consequence. At the same time, the Chinese government has gradually begun paying more attention to the environment, advocating sustainable development. The government has been actively developing green financial products such as green loans, green insurance, green funds, and other financial products to help Chinese companies “go green” and reach peak carbon and carbon-neutral goals ahead of schedule. China attaches great importance to its “green transformation” goals, as can be seen from the number of new policies related to green and sustainable development. Under these circumstances, companies must follow the policy and carry out green upgrades or risk total failure. This chapter mainly discusses the background of what firms face in China's green finance environment, taking clean energy, green buildings, and green transportation as examples of how companies should adapt to these trends and improve their competitiveness.

Rolle von Entwicklungsbanken in der internationalen Finanzierung

2020 ◽  
Vol 89 (3) ◽  
pp. 35-50
Author(s):  
Joachim Nagel
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Green Finance ◽  
Development Goals

Zusammenfassung: Entwicklungsbanken wie die KfW unterliegen nicht dem Gebot der Gewinnmaximierung, sondern haben das Mandat zur Förderung der wirtschaftlichen, sozialen und ökologischen Entwicklung. Sie helfen Entwicklungs- und Schwellenländern, Unzulänglichkeiten des Marktes zu überbrücken, mit dem Ziel, diese in ihrer Entwicklung zu unterstützen. Das findet häufig durch die Bereitstellung langfristiger konzessionärer Finanzierungen für volkswirtschaftlich sinnvolle Vorhaben statt, die unter den jeweiligen Rahmenbedingungen ansonsten nicht realisiert werden könnten. Dabei mobilisieren sie über differenzierte, teils innovative Finanzierungsinstrumente privates Kapital. Gerade in Zeiten von Rezessionen sind sie mit ihren antizyklischen Finanzierungen gefragt, wie die aktuelle Corona-Krise belegt. Somit tragen Entwicklungsbanken zur Erreichung der Sustainable Development Goals (SDGs) und des Paris Agreements bei. Zudem dienen sie als Standardsetzer in Bereichen wie Umwelt- und Sozialverträglichkeit und Green Finance.

scholarly journals A new approach to state financing of eco-innovation in Kazakhstan

2020 ◽  
Vol 4 (78) ◽  
pp. 181-187
Author(s):  
L. B. KULUMBETOVA ◽  
◽  
U. I. NAZAROVA ◽  
Keyword(s):  
Sustainable Development ◽  
Best Practices ◽  
Public Procurement ◽  
State Regulation ◽  
Financial Resources ◽  
International Programs ◽  
New Approach ◽  
Green Finance ◽  
Foreign Countries ◽  
State Financing

The article is devoted to the study of the leading foreign countries practice in the state regulation of eco-innovation financing and the opportunity analysis of its use in Kazakhstan. The author analyzes the main sources and ways to organize financing of eco-innovations, as well as international programs for sustainable public procurement. International practice shows that investing financial resources to resolve environmental and climate problems is an essential component of sustainable development. The author identifies the main barriers to the development of “green” Finance in Kazakhstan. The recommendations on financing eco-innovations in Kazakhstan were developed based on the best practices studied.

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