Title |
Economic Inclusion: Green Finance and the SDGs |
ID_Doc |
33 |
Authors |
van Niekerk, AJ |
Title |
Economic Inclusion: Green Finance and the SDGs |
Year |
2024 |
Published |
Sustainability, 16, 3 |
DOI |
10.3390/su16031128 |
Abstract |
Persistent economic exclusion and the high levels of natural resource depletion are alarming. The Sustainable Development Goals (SDGs) are among a few global initiatives aimed at bringing a turnaround in both of these areas of concern. Giving action to productive economic inclusion and transitioning towards a circular, regenerative economy is challenging for countries, particularly because of a lack of economic incentives. Green finance has emerged in the last few decades as a valuable mechanism that has the potential to meet this challenge. In answering the question of how to facilitate the necessary transition to a green, inclusive economy, the paper attempts to bring green finance and economic inclusion together as a possible means (like a bridge) to address economic exclusion and resource degeneration. That is the primary aim of the study, and it is investigated through an analysis of theoretical literature. The key findings include: a strong synergy exists between green finance and economic inclusion; different forms of green finance are able to facilitate economic inclusion; and green finance can be instrumental in attracting investors to fast-track SDG attainment. A key conclusion is that green finance can play a vital role in activating and prolonging broad-based benefit sharing in an eco-conscious way. |
Author Keywords |
economic inclusion; green finance; SDGs; circular economy; green investment |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
EID |
WOS:001160379700001 |
WoS Category |
Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies |
Research Area |
Science & Technology - Other Topics; Environmental Sciences & Ecology |
PDF |
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