Climate Risks in Tunisia

Salem, Haykel Hadj; Mansour, Nadia; Salem, Salha Ben

doi:10.1007/978-3-031-08084-5_55

Cited by 2 publications

(2 citation statements)

References 13 publications

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“…Green finance is an important tool for developing economies to reduce their carbon footprint and improve their resilience. Countless studies have shown that green finance can combat climate change and increase the creation of green jobs (Salem et al , 2023). For retailers and brands to be successful in this rapidly growing sector, they must foster a strong relationship with their customers by offering clear, transparent information about their environmental impact and the products they sell (Yurog et al , 2022).…”

Section: Green Financementioning

confidence: 99%

Green finance: between commitment and illusion

Chenguel

Mansour

2023

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Purpose After almost 10 years, people wonder if green finance has been able to attain its objectives in terms of controlling climate change. Persistent global warming and climate deregulation manifested by melting glaciers, droughts and floods, are all of these determinants that have called into question the efficiency of green finance. Design/methodology/approach Green finance is a way to support climate action through investments. It has proven that this is a viable financial instrument and that it can be used by governments and private companies to plan for the future of our planet. Findings Based on an analysis of articles published in top international journals from 2016 to 2022, about the relationship between green technology and financial services in China, this paper aims to present an overview of green finance, its importance for the planet, its objectives and its instruments. Research limitations/implications This study’s contribution is to shed light on the aspects that may have limited its effectiveness, such as the absence of incentives, the absence of climate costs and above all the absence of finance green standards. Originality/value The results have shown that there is still a significant gap in green finance before inclusive green growth can be achieved. Inclusive green growth. All stakeholders need to increase the level of investment in green finance. The green investment financing gap is the result of inconsistencies in sustainability and policies. Therefore, governments must intervene to impose appropriate policies and regulations to compel the financial sector to engage in sustainable development. All of these factors make the concept of green finance just an illusion.

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Section: Green Financementioning

confidence: 99%

Green finance: between commitment and illusion

Chenguel

Mansour

2023

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“…The initiative is based on an assessment by the African Development Bank and climate investment funds of the potential of green banks in six African countries: Benin, Ghana, Mozambique, Tunisia, Uganda, and Zambia. The official stressed that the initiative would enhance the capacity of local financial institutions to build a strong pipeline of bankable green projects while de-risking investments and building long-term investor confidence in low-carbon and climateresilient projects in Africa (Salem et al, 2023). Today, the African Development Bank green bonds appear among the 25 most recent bonds, sorted by settlement date (Environmental Finance Data, 2023).…”

Section: Green Banking Activities Of Tunisian Banksmentioning

confidence: 99%

Green banks in Tunisia: Issues and challenges

Mansour

2023

J Infrastruct Policy Dev

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This paper explores the development of the concept of “green banks” in Tunisia, focusing on the role of regulators and the central bank in ensuring this transmission. The paper also examines the involvement of banks in the green economic transition and the various challenges. The study is based on the review of articles and research works regarding the emergence of green banks, especially in Tunisia (2018–2022); it also collected information and statistics from the websites and reports of Tunisian banks. The results of this work showed the critical role played by the Central Bank of Tunisia in encouraging banks to move towards greening the system. Also, several Tunisian banks are aware of the seriousness of climate change and have tried to implement several initiatives and services to accelerate green growth. However, Tunisia still needs to catch up with developed and some developing countries. Our findings help bankers and regulators better address climate change and its effect on the financial sector to achieve greater financial stability. These results contribute to banking in Tunisia by providing bankers and regulators with new tools to manage the impact of climate change on the banking sector.

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Climate Risks in Tunisia

Cited by 2 publications

References 13 publications

Green finance: between commitment and illusion

Green finance: between commitment and illusion

Green banks in Tunisia: Issues and challenges

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