Green finance and sustainability development goals in Indonesian Fund Village

Reza Ronaldo and Tulus Suryanto

Resources Policy, 2022, vol. 78, issue C

Abstract: Sustainable development goals (SDG) achievement is a major challenge for the nations. Particularly, SDGs related to environmental sustainability and economic sustainability are most challenging due to high pollution. Thus, the study's aim is to examine the role of green finance in SDGs through Village Funds in Indonesia. A survey questionnaire is designed for this purpose to examine the effect of green finance on environmental sustainability and economic sustainability. Data is collected from the Indonesian government officials working on Fund Village and officers involved in the distribution of Fund Village, and 220 valid responses were used in this study for data analysis. The smart-PLS has been used in the study to check the association and test the hypotheses. The results indicated that green finance has vital importance in achieving SDGs in terms of environmental sustainability and economic sustainability. It is found that; green finance can promote green technology innovation and green micro-enterprise, which further lead to achieve SDGs through environmental sustainability and economic sustainability.

Keywords: Sustainable development goals; Indonesian fund village; Green finance; Green technology innovation; Green micro-enterprise; Environmental sustainability; Economic sustainability (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420722002872
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722002872

DOI: 10.1016/j.resourpol.2022.102839

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().