IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2024v3p170-174.html
   My bibliography  Save this article

A Survey Of Literature On The Development Of Green Finance And Green Banking

Author

Listed:
  • FAT CODRUTA MARIA

    (BABES-BOLYAI UNIVERSITY, FSEGA)

  • FARCAS IOANA GEORGIANA

    (BABES-BOLYAI UNIVERSITY, FSEGA)

Abstract

The continuous environmental degradation confronts the finance world with a new challenge, namely financing green projects. Therefore, it is relevant to analyze the current literature stand in terms of the development of these financial products, as well as the possible determinants, and effects of these on the banking sector. Our survey of literature presents that most of the previous empirical studies concentrate on the willingness of the financial sector to diminish the environmental impact of financial products, and the costs associated with the implementation of such products. Nevertheless, a high number of studies show the significant role of central banks’ policies related to financial institutions’ activities, especially in green lending. However, a lack of literature that may persist is correlated with the positive determinants of green finance tools that might increase the effectiveness of these financial products to significantly diminish the climate risk.

Suggested Citation

  • Fat Codruta Maria & Farcas Ioana Georgiana, 2024. "A Survey Of Literature On The Development Of Green Finance And Green Banking," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 170-174, June.
  • Handle: RePEc:cbu:jrnlec:y:2024:v:3:p:170-174
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2024-03/17_Fat.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2024:v:3:p:170-174. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae The email address of this maintainer does not seem to be valid anymore. Please ask Ecobici Nicolae to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.