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Promoting Sustainable Finance for Enhanced Economic Growth in Sub-Saharan Africa

In: Sustainable Finance and Business in Sub-Saharan Africa

Author

Listed:
  • David Mhlanga

    (The University of Johannesburg)

  • Adesanmi Timothy Adegbayibi

    (University of Johannesburg)

Abstract

Over the past several years, there has been a global increase in the adoption of sustainable finance concepts in economic systems. This is done to tackle environmental and social issues while also promoting economic development. This chapter examines the influence of sustainable financing on the economic expansion in Sub-Saharan Africa. Given the distinctive economic and environmental difficulties faced by the region, it is crucial to comprehend the connection between sustainable financing and economic development. This study explores the impact of sustainable finance practices on long-term economic growth, financial stability, and resilience in Sub-Saharan Africa by analyzing significant sustainability programs, financial instruments, and legislative frameworks. The results emphasize the possible advantages, difficulties, and possibilities linked to integrating sustainability into financial systems. This provides valuable information for policymakers, financial institutions, and investors who aim to foster comprehensive and sustainable economic development in the area.

Suggested Citation

  • David Mhlanga & Adesanmi Timothy Adegbayibi, 2024. "Promoting Sustainable Finance for Enhanced Economic Growth in Sub-Saharan Africa," Springer Books, in: David Mhlanga & Mufaro Dzingirai (ed.), Sustainable Finance and Business in Sub-Saharan Africa, chapter 0, pages 473-492, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-74050-3_23
    DOI: 10.1007/978-3-031-74050-3_23
    as

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