Green Economic Development as the Framework for Green Finance and Green Investment

Jose Vargas-Hernandez, Rakowska Joanna () and Vargas-González Omar C.
Additional contact information
Rakowska Joanna: Institute of Economics and Finance, Warsaw University of Life Sciences, Poland
Vargas-González Omar C.: Instituto Tecnológico Nacional de México, Campus Cd. Guzmán, Mexico

Economic and Regional Studies / Studia Ekonomiczne i Regionalne, 2022, vol. 15, issue 3, 304-322

Abstract: Subject and purpose of work: This study aims to analyse the main elements of the green economic development as a framework for green finance and green investment. The analysis spurs from the underlying notion that green economics is inherently a normative framework and a school of thought development of the neo-classical economic thinking with conceptual assumptions, deficiencies, and contradictions, beginning to set out the roots, aims and philosophical principles. Materials and methods: The methods used are the analytical and descriptive ones based on the critical literature review and an experiential reflective attitude on the key issues concerning the variables of green economic development, green finance, and green investment. Conclusions: It is concluded that the implementation of green economy activities have many obstacles to face. The inadequate funding and the institutional support in collaborations and coordination practices are the most crucial.

Keywords: green economic development; green finance; green investments (search for similar items in EconPapers)
JEL-codes: O44 Q01 (search for similar items in EconPapers)
Date: 2022
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Journal Article: Green economic development as the framework for green finance and green investment (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecoreg:v:15:y:2022:i:3:p:304-322:n:4

DOI: 10.2478/ers-2022-0021

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