1.

Record Nr.

UNINA9910734884803321

Titolo

Green Digital Finance and Sustainable Development Goals / / edited by Farhad Taghizadeh-Hesary, Suk Hyun

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Springer, , 2022

ISBN

981-19-2662-X

Edizione

[1st ed. 2022.]

Descrizione fisica

1 online resource (373 pages)

Collana

Economics, Law, and Institutions in Asia Pacific, , 2199-8639

Disciplina

338.927

Soggetti

Development economics

Business enterprises - Finance

Sustainability

Development Economics

Corporate Finance

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Regulatory and Legal Framework for Promoting Green Digital Finance -- Current State of Green Digital Financing and the Associated Challenges -- Assessing the Risks Associated with Green Digital Finance and Policies for Coping with Them -- Role of Governments in Enhancing Green Digital Finance for Meeting the SDGs -- Identification of Critical Success Factors for Developing the Green Digital Financing Market in Iran.

Sommario/riassunto

This book aims to fill the literature gap on digital instruments and FinTech in enhancing green finance. Technological innovation can increase transparency, accountability, and speed, decentralize the financial system, improve risk management, increase competition, lower costs, improve efficiency, increase cross-sectoral collaboration and integration, and scale up green finance. Artificial intelligence (AI), distributed ledger technologies (DLT) or blockchain, peer-to-peer lending platforms, big data, Internet-based and mobile-based payment platforms, Internet of Things (IoT), matchmaking platforms including crowdlending, tokenizing green assets are potential means to scale up the green finance for achieving the SDGs. The COVID-19 pandemic, the economic downturns, and the uncertainties shrank the new investments



in renewable energy projects globally. Low investment in renewable energy projects could threaten the expansion of green energy needed to provide energy security and meet SDG7 and SDG13. Investments in renewable energy projects are scarce because of several risks and a low rate of return. Although several new green financing solutions such as green bonds, green banks, green credit guarantee, carbon taxation, carbon trade, village funds, and community trust funds have been established in different countries, these are insufficient, and alternative ways to finance projects are required. The book provides several high-quality studies on utilizing digitalization, FinTech, financial innovations, and other new technologies to fill the finance gap of green projects to meet the SDG goals. The chapters are written by scholars in diverse countries and regions and include practical policy recommendations.