IDEAS home Printed from https://ideas.repec.org/a/sph/rjedep/v2y2013i2p29-39.html
   My bibliography  Save this article

Green banking

Author

Listed:
  • Maja Drobnjakovic

    (University of Novi Sad, Serbia)

Abstract

There is an urgent need to march towards 'low-carbon economy'. Global challenges of diminishing fossil fuel reserves, climate change, environmental management and finite natural resources serving an expanding world population - these reasons mean that urgent action is required to transition to solutions which minimise environmental impact and are sustainable. We are at the start of the low-carbon revolution and those that have started on their low-carbon journey already are seeing benefits such as new markets and customers, improved economic, social and environmental performance, and reduced bills and risks. Green investment banks offer alternative financial services: green car loans, energy efficiency mortgages, alternative energy venture capital, eco-savings deposits and green credit cards. These items represent innovative financial products.

Suggested Citation

  • Maja Drobnjakovic, 2013. "Green banking," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 2(2), pages 29-39, June.
    • Handle: RePEc:sph:rjedep:v:2:y:2013:i:2:p:29-39
    as

    Download full text from publisher

    File URL: http://jedep.spiruharet.ro/RePEc/sph/rjedep/Rev5_4_Maja_p31-40.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    protecting nature; business environment management; low–carbon economy; responsible financial projects; current trends in green banking;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    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:sph:rjedep:v:2:y:2013:i:2:p:29-39. 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: Rocsana Bucea-Manea-Tonis (email available below). General contact details of provider: http://jedep.spiruharet.ro/ .

    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.