“Breakthroughs” for a green economy? Financialization and clean energy transition

Knuth, Sarah

doi:10.1016/j.erss.2018.04.024

Cited by 122 publications

(115 citation statements)

References 31 publications

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“…High initial investment cost is among the critical challenges facing renewable energy development in most developing countries including Tanzania [48]. Initial investment is a unique and essential tool for any project development [98] as it enhances investor's confidence and reduces the financial gap [99]. There are few or no incentives for local manufacturing or importation of renewable energy equipment such as solar devices [71].…”

Section: High Initial Investment Costmentioning

confidence: 99%

The Potential Renewable Energy for Sustainable Development in Tanzania: A Review

2018

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Currently, renewable energy development is emphasized for sustainable development goals accomplishment and the better realization of sustainable development globally. Tanzania, like other developing countries, is striving to adopt different ways of ensuring affordable and accessible energy supply to its socioeconomic and political sectors to achieve renewable energy development. To secure affordable and accessible energy in the country, renewable energy is termed as an alternative energy source because of it is environmentally friendly. If renewable energy is produced and utilized in a modern and sustainable manner, it will help to eliminate energy problems in Tanzania. Thus, this study aims to review the current potential renewable energy for the achievement of sustainable development in Tanzania. Moreover, challenges of renewable energy development are examined.

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Section: High Initial Investment Costmentioning

confidence: 99%

The Potential Renewable Energy for Sustainable Development in Tanzania: A Review

2018

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“…However, the potential risks resulting from the development of FinTech cannot be ignored [22][23][24]. As for environmental ecological development, FinTech can accelerate the deployment of funds for energy and environment projects, promote the construction of renewable energy and environmental infrastructure, and lead to environmental and ecological development by providing cheap and adequate financing [25].…”

Section: Introductionmentioning

confidence: 99%

FinTech and Sustainable Development: Evidence from China Based on P2P Data

2019

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In the current international context, the ways in which financial technology (FinTech) affects sustainable development need to be urgently identified. However, relevant studies are rare and there is no consensus on the optimal indicator system for sustainable development. Therefore, this study proposes an indicator system to evaluate sustainability and conducts in-depth analysis of the relationship between FinTech and sustainable development based on data of peer-to-peer platforms (P2P) in 31 Chinese provinces. The empirical results show the existence of a U-shaped relationship between FinTech and sustainable development, mainly determined by the pattern of extensive economic growth. Furthermore, heterogeneity analysis indicates that there are significant regional differences in its impact on sustainable development, being significant in China’s eastern and central regions and insignificant in the western region; moreover, the impact on the central region is significantly higher than that on the eastern region. Our research not only has strong practical significance but also contributes significantly to the literature on FinTech and sustainable development.

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“…Financialization and clean energy transition "Breakthrough" clean energy technologies are needed to produce an energy transition and to bolster U.S. Economic power into the 21st century. [58] 11…”

Section: Green Economy (Ge)mentioning

confidence: 99%

Aligning the Criteria of Green Economy (GE) and Sustainable Development Goals (SDGs) to Implement Sustainable Development

et al. 2019

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Global economic trends have shown the progression of social inequalities and environmental deterioration in the grey economy. New economic practices and policies need to be developed in order to achieve the sustainable development goals (SDGs). A green economy (GE) has a correlative role with the implementation of sustainable development (SD), which could revive the grey economy, human well-being, and social equity, as well as substantially decrease environmental risks and ecological scarcities. This study aims to develop a hybrid methodological and mathematical approach to prioritize the most effective variables from classified GE and SDGs criteria (23 criteria) to implement SD. This study has deliberated over the Decision making trial and evaluation laboratory (DEMATEL) technique for considering interconnections among numerous criteria to collect the most effective variables (12 criteria) based on three pillars (3Ps) of SD. Likewise, the analytic network process (ANP) technique ranked these effective variables by considering their network relations based on three indicators. Lastly, integration was used to finalize and prioritize the most effective variables based on their weight from the ANP technique. This study will highlight the green economy with exclusive environmental issues and sustainable growth as the greatest effective variables among GE and SDGs criteria for SD implementation.

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“Breakthroughs” for a green economy? Financialization and clean energy transition

Cited by 122 publications

References 31 publications

The Potential Renewable Energy for Sustainable Development in Tanzania: A Review

The Potential Renewable Energy for Sustainable Development in Tanzania: A Review

FinTech and Sustainable Development: Evidence from China Based on P2P Data

Aligning the Criteria of Green Economy (GE) and Sustainable Development Goals (SDGs) to Implement Sustainable Development

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