Journal of Social and Political
Sciences
ISSN 2615-3718 (Online)
ISSN 2621-5675 (Print)
Published: 12 October 2023
Fundamental Backgrounds on the Impact of Green Credit on Sustainable Economy
Do Hoai Linh, Nguyen Khuong Dan, Tran Thi Phuong Anh, Do Hai Ngoc, Pham Nam Hoang
National Economics University, Vietnam
Download Full-Text Pdf
10.31014/aior.1991.06.04.441
Pages: 11-16
Keywords: Green Credit, Green Development Goals, Sustainable Economy
Abstract
The research aims to investigate the theoretical background concerning the influence of green credit on sustainable economy in emerging countries such as Vietnam. Using the desk research methodology, the content focuses on researching the overview of the concept and the causes of the development of green finance in general, green credit in particular, the context of sustainable economic development in each country, each continent, and find out the significance of green credit in achieving sustainable goals in economic development.
References
Anh Huu Nguyen, Mai Hoang Thi Do, Thinh Gia Hoang, Loan Quynh Thi Nguyen. 2022. "Green financing for sustainable development: Insights from multiple cases of Vietnamese commercial banks." Business Strategy and the Environment. doi:10.1002/bse.3132.
Ayesha Afzal, Ehsan Rasoulinezhad & Zaki Malik. 2022. "Green finance and sustainable development in." Economic Research-Ekonomska Istraživanja. doi: https://doi.org/10.1080/1331677X.2021.2024081.
Cai Chen, Yingli Zhang , Yun Bai, Wenrui Li. 2021. "The impact of green credit on economic growth—The mediating effect of environment on labor supply." PLOS ONE.doi:https://doi.org/10.1371/journal.pone.0257612.
Furuoka, Fumitaka. 2015. "Financial development and energy consumption: Evidence from a heterogeneous panel of Asian countries." Renewable and Sustainable Energy Reviews 52: 430-444. doi:https://doi.org/10.1016/j.rser.2015.07.120.
Haiyan Niu, Xiongfei Zhao, Zhilin Luo, Yuxia Gong, Xinhua Zhang. 2022. "Green credit and enterprise green operation: Based on the perspective of enterprise green transformation." Front. Psychol 13. doi:https://doi.org/10.3389/fpsyg.2022.1041798.
Ho, Virginia Harper. 2018. "Sustainable Finance & China’s Green Credit Reforms: A Test Case for Bank Monitoring of Environmental Risk." Cornell International Law Journal 51. https://scholarship.law.cornell.edu/cilj/vol51/iss3/3.
Lu Xing, Minggao Xue, Mingsheng Hu. 2019. "Dynamic simulation and assessment of the coupling coordination degree of the economy–resource–environment system: Case of Wuhan City in China." Journal of Environmental Management 230: 474-487. doi:https://doi.org/10.1016/j.jenvman.2018.09.065.
Muhammad Shahbaz , Muhammad Ali Nasir , David Roubaud. 2018. "Environmental degradation in France: The effects of FDI, financial development, and energy innovations." Energy Economics 74: 843-857. doi:https://doi.org/10.1016/j.eneco.2018.07.020.
Nana Liu ,Chuanzhe Liu ,Yufei Xia , Yi Ren, Jinzhi Liang. 2020. "Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China." Sustainability.doi:https://doi.org/10.3390/su12093717.
Nguyen Van Hoa, Phung Van Hien, Nguyen Cong Tiep, Nguyen Thi Xuan Huong, Tran Thi Hoang Mai, Pham Thi Lan Phuong. 2022. "The Role of Financial Inclusion, Green Investment and Green Credit on Sustainable Economic Development: Evidence from Vietnam." Cuadernos de EconomÃa 45 (127): 1-10. doi:https://orcid.org/0000-0001-5382-9902.
Shanglei Chai, Ke Zhang, Wei Wei, Wenyuan Ma, Mohammad Zoynul Abedin. 2022. "The impact of green credit policy on enterprises' financing behavior: Evidence from Chinese heavily-polluting listed companies." Journal of Cleaner Production 363: 132458. doi:https://doi.org/10.1016/j.jclepro.2022.132458.
Wei Yin , Zheyi Zhu , Berna Kirkulak-Uludag , Yaping Zhu. 2021. "The determinants of green credit and its impact on the performance of Chinese banks." Journal of Cleaner Production 286: 124991. doi:https://doi.org/10.1016/j.jclepro.2020.124991.
Yue Li ,Ting Ding , Wenzhong Zhu. 2022. "Can Green Credit Contribute to Sustainable Economic Growth? An Empirical Study from China." Sustainability. doi: https://doi.org/10.3390/su14116661.