Can Fintech Promote Sustainable Finance? Policy Lessons from the Case of Turkey

Bayram, Orkun; Talay, Isilay; Feridun, Mete

doi:10.3390/su141912414

Cited by 38 publications

(26 citation statements)

References 37 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Sustainability performance represented 26.42% of all topics. Studies have examined the role of FinTech in improving financial services and bank efficiency(Saif et al 2022 ; Kyeong et al 2022 ; Ji and Tia 2022 ; Kangwa et al 2021 ; Zhao et al 2019 ), the sustainability performance of FinTech companies (Cruz Rambaud and Expósito Gázquez 2022 ; Moro-Visconti et al 2020 ; Bittini et al 2022 ; Merello et al 2022 ; Najaf et al 2022 ; Mutamimah and Robiyanto 2021 ; Sannino et al 2020 ; Schinckus 2020 ), and the impact of FinTech solutions on promoting sustainable finance (Bayram et al 2022 ).…”

Section: Publication Trend Bibliometric and Content Analysesmentioning

confidence: 99%

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Ellili

2022

J Financ Serv Mark

View full text Add to dashboard Cite

This study highlights the latest trends in the literature on the relationship between FinTech and sustainability by applying a bibliometric review of documents published in the Scopus database. Bibliometric analysis is a quantitative method that allows researchers to highlight core foundations and recent trends in a specific research field. This analysis was based on trend, evolution, bibliometrics, mapping, and qualitative content analyses. Based on a bibliometric review of 59 papers retrieved from the Scopus database, this study explores the most frequent keywords; the most influential authors, organizations, and countries; the most cited papers; the most co-cited reference papers; and sources. Evolution analysis was conducted using CiteSpace; bibliometric and mapping analyses were performed using VOSviewer; and content analysis was performed using WordStat. The results identified three major clusters: sustainability performance, blockchain technology, and digital transformation. Additionally, the results reveal that the analysis of the association between FinTech and sustainability has experienced increasingly important growth in 2021, reflecting the importance of financial technologies and innovations in business. The findings of this study have implications for Fintech and sustainability research and highlight the importance of Fintech in the development and execution of sustainability strategies and practices, as well as the most relevant research methods. This study provides an overview of how the literature on the association between FinTech and sustainability has developed, as well as a summary of the most influential authors along with countries, organizations, and journal sources. This study offers an opportunity for future research in this field.

show abstract

Section: Publication Trend Bibliometric and Content Analysesmentioning

confidence: 99%

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Ellili

2022

J Financ Serv Mark

View full text Add to dashboard Cite

show abstract

“…In addition, results also show that financial sustainability has significant negative coefficients across the five models, suggesting that sound financial sustainability reduces the total amount of CO 2 emissions. Therefore, financial institutions with strong financial sustainability may have policies that prioritize green IJSBI 1,2 lending and environmentally friendly capital investments (Bayram et al, 2022). The interaction role of financial sustainability further reduces CO 2 emissions across the measures of financial inclusion.…”

Section: Resultsmentioning

confidence: 99%

“…Meanwhile, Le et al (2020) buttressed that the availability of affordable financial services that can promote the reduction of CO 2 emissions by using alternative fossil fuels and gas such as CO 2 capture and CO 2 storage is relevant in the adoption of environmental sustainability programs. Further, Bayram, Talay, and Feridun (2022) argued that sustainable finance can help to assess climate-related financial risks, which can potentially lead to a reduction in emissions by incentivizing firms to invest in sustainable practices. Moreover, Wan, Pu, and Tavera (2023) claim that financial sustainability through digital finance reduces pollution through innovations, sustainable capital allocation effects and structural adjustments.…”

Section: H1 Financial Inclusion Promotes Co 2 Emissionsmentioning

confidence: 99%

Does financial inclusion spur CO₂ emissions? The marginal effects of financial sustainability

Adeneye,

Rasheed,

Ooi

2023

IJSBI

View full text Add to dashboard Cite

PurposeThis study aims to examine the relationship between financial inclusion, CO2 emissions and financial sustainability across 17 African countries.Design/methodology/approachData were sourced from the World Development Indicators for the period 2004-2021. The study performs the principal component analysis, panel fixed effects model and quantile regression estimations to investigate the relationship between financial inclusion, CO2 emissions and financial sustainability.FindingsThe study finds that an increase in automated teller machine (ATM) penetration rate, savings and credits increases CO2 emissions. Findings also reveal that financial sustainability reduces financial inclusion, with significant negative effects on the conditional mean of CO2 emissions and the conditional distribution of CO2 emissions across quantiles.Originality/valueThis study is beneficial for policymakers, particularly in the age of digitalization and drive for low-carbon emissions, to develop green credits for energy players and investors to take up renewable and green energy projects characterized by high levels of carbon storage and carbon capture. Further, the banking sector’s credits and liquid assets should be used to finance alternative banking energy-related equipment and services, such as solar photovoltaic wireless ATMs, and fewer bank branches.

show abstract

“…Scholars have studied this. For example, use blockchain to design new carbon accounting methods and corresponding carbon emission reduction incentives [2]; support regulators in designing digital emissions trading systems through an assessment framework [3]; Leverage big data to track carbon pathways to determine carbon tax collection [4] or establish carbon sequestration indices [5]; Case studies show that fintech with big data, artificial intelligence, and blockchain can better assess climate-related financial risks and form carbon trading mechanisms [6]. In addition, according to the evaluation of the ecological impact of green finance, it helps the construction of a carbon trading accounting system [7].…”

Section: Introductionmentioning

confidence: 99%

Design and Construction of Carbon Accounting Techniques in FinTech: A Scientometric Analysis

Pan,

Wu,

et al. 2023

Atlantis Highlights in Computer Sciences

View full text Add to dashboard Cite

In the context of the "dual carbon" goals, designing and establishing carbon accounting technologies related to carbon trading, carbon accounting, carbon sequestration, and carbon pricing may significantly contribute to achieving the goals. Financial technology (fintech) is inclusive and innovative. So artificial intelligence, blockchain, cloud computing, big data analytics, and e-commerce under its fields will help provide methods and recommendations for designing and constructing carbon accounting technology. This paper discusses fintech and carbon accounting techniques, aiming to map the main countries, sources, and themes of relevant research based on 141 articles from the Web of Science (WoS) database. The scientific metrology analysis result shows that: scholars will pay more attention to fintech and carbon accounting technology topics. China contributed the most to research, followed by the United States. Publication sources reflect the interdisciplinary nature of research. The main research topics are blockchain, cloud computing, artificial intelligence, etc. Research hotspots mainly focus on carbon sequestration, blockchain, and carbon emissions. In short, there currently needs to be more studies on the design and creation of carbon accounting under financial technology. There are many factors to consider (such as practicality and feasibility), and there is more space for development.

show abstract

Can Fintech Promote Sustainable Finance? Policy Lessons from the Case of Turkey

Cited by 38 publications

References 37 publications

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Does financial inclusion spur CO₂ emissions? The marginal effects of financial sustainability

Design and Construction of Carbon Accounting Techniques in FinTech: A Scientometric Analysis

Contact Info

Product

Resources

About

Can Fintech Promote Sustainable Finance? Policy Lessons from the Case of Turkey

Cited by 38 publications

References 37 publications

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis

Does financial inclusion spur CO2 emissions? The marginal effects of financial sustainability

Design and Construction of Carbon Accounting Techniques in FinTech: A Scientometric Analysis

Contact Info

Product

Resources

About

Does financial inclusion spur CO₂ emissions? The marginal effects of financial sustainability