Economic Inclusion: Green Finance and the SDGs

Economic Inclusion: Green Finance and the SDGs

29 January 2024 | Arno J. van Niekerk
The paper "Economic Inclusion: Green Finance and the SDGs" by Arno J. van Niekerk explores the role of green finance in addressing economic exclusion and resource depletion, which are significant global challenges. The study aims to bridge the gap between economic inclusion and green finance, highlighting their synergy and potential to facilitate a transition to a sustainable, regenerative economy. Key findings include: 1. **Synergy Between Green Finance and Economic Inclusion**: Green finance and economic inclusion are strongly interconnected, with green finance playing a crucial role in promoting economic inclusion. 2. **Facilitating Economic Inclusion**: Different forms of green finance, such as green bonds, green loans, and impact investments, can help create job opportunities, particularly for marginalized groups, and foster entrepreneurship. 3. **Attracting Investors**: Green finance can attract investors to fast-track the achievement of Sustainable Development Goals (SDGs) by providing incentives for sustainable investments. 4. **Bridging Economic Exclusion and Resource Degeneration**: Green finance can activate and prolong broad-based benefit sharing in an eco-conscious manner, addressing both economic exclusion and resource depletion. The paper also discusses the theoretical frameworks of ecological economics and environmental economics, which emphasize the importance of balancing social, economic, and environmental factors for genuine progress. Additionally, it examines the role of Central Bank Digital Currencies (CBDCs) in promoting financial inclusion, policy control, and sustainable finance. The study concludes that green finance is vital for achieving the SDGs and fostering a more inclusive and sustainable economy.The paper "Economic Inclusion: Green Finance and the SDGs" by Arno J. van Niekerk explores the role of green finance in addressing economic exclusion and resource depletion, which are significant global challenges. The study aims to bridge the gap between economic inclusion and green finance, highlighting their synergy and potential to facilitate a transition to a sustainable, regenerative economy. Key findings include: 1. **Synergy Between Green Finance and Economic Inclusion**: Green finance and economic inclusion are strongly interconnected, with green finance playing a crucial role in promoting economic inclusion. 2. **Facilitating Economic Inclusion**: Different forms of green finance, such as green bonds, green loans, and impact investments, can help create job opportunities, particularly for marginalized groups, and foster entrepreneurship. 3. **Attracting Investors**: Green finance can attract investors to fast-track the achievement of Sustainable Development Goals (SDGs) by providing incentives for sustainable investments. 4. **Bridging Economic Exclusion and Resource Degeneration**: Green finance can activate and prolong broad-based benefit sharing in an eco-conscious manner, addressing both economic exclusion and resource depletion. The paper also discusses the theoretical frameworks of ecological economics and environmental economics, which emphasize the importance of balancing social, economic, and environmental factors for genuine progress. Additionally, it examines the role of Central Bank Digital Currencies (CBDCs) in promoting financial inclusion, policy control, and sustainable finance. The study concludes that green finance is vital for achieving the SDGs and fostering a more inclusive and sustainable economy.
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