Mission-oriented approach in green economy: innovation at the heart of development banks

Cristiane Benetti (), Nirjhar Nigam () and Afef Boughanmi
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Cristiane Benetti: ICN Business School, CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Nirjhar Nigam: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine, ICN Business School
Afef Boughanmi: BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: This study investigates how national development banks contribute to bridging the financing gap for climate adaptation and attaining sustainable development goals through innovation. To this end, we focus on the case of the Brazilian Development Bank (BNDES). We analyze the importance of green economy and innovation in the last decade of the 21st century. With documentary research, we present the green innovation projects that BNDES has supported to reach sustainable development goals. As a result, we can observe the great capacity of BNDES to act as the main government promoter of innovation and the Brazilian tendencies for innovative projects and innovative tools to generate investment resources.

Keywords: Development bank; Sustainable development; Sustainable finance; Transport; Renewable energy (search for similar items in EconPapers)
Date: 2024-03-01
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Published in International Journal of Business Strategy, 2024, 24 (1), pp.5-24. ⟨10.18374/IJBS-24-1.1⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04549274

DOI: 10.18374/IJBS-24-1.1

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