Foreign Experience and Practice of Financing Green Economy Sectors in Commercial Banks

Authors

  • Khudoyberdieva Dilafroz Bakhtiyorovna Graduate student of the Banking and Finance Academy of the Republic of Uzbekistan

Keywords:

Green economy, Financing, Commercial banks, Sustainable development, Renewable energy, Environmental sustainability, Climate change mitigation, Social, criteria, Green bonds, Carbon footprint, Clean technology, Carbon credits, Sustainable finance, Impact investing

Abstract

This article examines the foreign experience and practices concerning the financing of green economy sectors within commercial banks. With a growing global focus on sustainability and environmental conservation, commercial banks play a pivotal role in directing financial resources towards green initiatives. The study delves into various strategies and mechanisms employed by commercial banks in different countries to support green sectors such as renewable energy, sustainable agriculture, and eco-friendly infrastructure. By analyzing international case studies and comparative data, the article highlights effective approaches, challenges, and potential opportunities for enhancing green financing practices in commercial banking systems worldwide. The findings contribute to a better understanding of how commercial banks can align their operations with environmental objectives while remaining financially viable and competitive in the evolving green economy landscape.

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Published

2024-03-11

How to Cite

Bakhtiyorovna, K. D. . (2024). Foreign Experience and Practice of Financing Green Economy Sectors in Commercial Banks. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(3), 1–7. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/2618

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