Impediments of Green Finance Adoption System: Linking Economy and Environment
نویسندگان
چکیده
Environmental deregulation has become a severe concern for public health around the world. Increased pollution and ecological degradation have diverted attention towards adopting green practices, which can be possible if sustainable finance system is implemented in its true spirit. But previous studies reported certain factors affecting implementation process, particularly developing countries. This study aims to identify quantify barriers system. First, it identified twenty through an extensive literature review semi-structured interviews with experts fields of financial management, economics, environmental sciences. Later, eighteen were finalized by consensus panel experts, was further used analyze their interrelationship Interpretive Structural Modelling (ISM). Using MICMAC analysis, these categorized based on diving-dependence powers. Finally, conceptual ISM model developed that provides clear picture impediments adoption flow relationship among at different levels. The findings suggest global level factors: lack pressure from international organizations unavailability globally acceptable criteria are critical prevalence other indicate centrality effectively implementing helps designing, implementing, promoting eco-friendly projects. It also recommended appropriate framework required global, country, organizational, individual levels deal Doi: 10.28991/ESJ-2022-06-02-02 Full Text: PDF
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ژورنال
عنوان ژورنال: Emerging science journal
سال: 2022
ISSN: ['2610-9182']
DOI: https://doi.org/10.28991/esj-2022-06-02-02