The Greening of Finance: Including Sustainability in the Banking Environment
نوع المنشور
بحث أصيل
المؤلفون

This study examines the integration of sustainability into the Palestinian banking sector, with a specific focus on the principles and practices of green banking. The research explores implementation strategies and evaluates the potential of green banking to align with the United Nations Sustainable Development Goals (UN SDGs), thereby promoting a more sustainable future for Palestine. This conceptual study conducts an in-depth analysis of the landscape of green banking including a comprehensive review of recent literature, an examination of financial institution websites, and a scrutiny of relevant documents from the Palestinian Monetary Authority (PMA). The research assesses theoretical frameworks, practical implementation strategies, and real-world outcomes. The findings suggest that Palestinian banks, given their substantial financial influence, can play a pivotal role in addressing sustainability development through the adoption of “green banking” practices. This entails prioritizing sustainable investments, advocating for environmental protection, and fostering economic growth by supporting green businesses. The adoption of green banking emerges as a mutually beneficial solution for both the environment and future prosperity. Consequently, this study serves as a baseline for evaluating the effectiveness of Palestinian banking initiatives in promoting a more sustainable environment. Its significant contribution lies in advancing long-term societal benefits by fostering climate improvement and ensuring a sustainable future.

المجلة
العنوان
Business Resilience and Business Innovation for Sustainability
الناشر
Springer
بلد الناشر
المملكة المتحدة
Indexing
Scopus
معامل التأثير
None
نوع المنشور
Both (Printed and Online)
المجلد
--
السنة
2025
الصفحات
749-762