Advancing Sustainable Finance for Accelerated Economic Growth in Sub-Saharan Africa

David Mhlanga
Additional contact information
David Mhlanga: The University of Johannesburg

Chapter Chapter 12 in Sustainable Finance and Business in Sub-Saharan Africa, 2024, pp 245-261 from Springer

Abstract: Abstract In recent years, the integration of sustainable finance principles into economic systems has gained momentum globally as a means to address environmental and social challenges while fostering economic growth. This chapter explores the multifaceted impact of sustainable finance on economic growth within the context of Sub-Saharan Africa. Understanding the nexus between sustainable finance and economic development becomes paramount as the region grapples with unique economic and environmental challenges. Through an examination of key sustainability initiatives, financial instruments, and policy frameworks, this study investigates how sustainable finance practices can contribute to long-term economic growth, financial stability, and resilience in Sub-Saharan Africa. The findings illuminate the potential benefits, challenges, and opportunities associated with embedding sustainability in financial systems, offering insights for policymakers, financial institutions, and investors seeking to promote inclusive and sustainable economic growth in the region.

Keywords: Africa; Economic growth; Sub-Saharan; Sustainable finance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-031-74050-3_12

Ordering information: This item can be ordered from
http://www.springer.com/9783031740503

DOI: 10.1007/978-3-031-74050-3_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().