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Financial Technology and Innovation
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Title

The Regulatory Landscape of Green Finance: An Improved Approach for Market Development

  Ayman H. Abdel-aziem 1 * ,   Tamer H. M. Soliman 2

1  Faculty of Information Systems and Computer Science, October 6th University, Cairo, Egypt
    (Ayman.Hasanein.comp@o6u.edu.eg)

2  Faculty of Computers and Informatics, Zagazig University, Zagazig 44519, Sharqiyah, Egypt
    (tamer.hasan.comp@o6u.edu.eg)


Doi   :   https://doi.org/10.54216/FinTech-I.020103

Received: August 19, 2022 Accepted: January 17, 2023

Abstract :

Green finance has emerged as a pivotal solution to address environmental challenges and foster sustainable development. This paper explores the regulatory landscape of green finance, focusing on the opportunities it presents and the barriers that hinder its market development. The paper begins with an introduction to the significance of green finance and its role in achieving environmental sustainability. It then provides an overview of green finance, including its definition, scope, and key stakeholders. An improved regulatory approach for green finance is thoroughly presented, covering global initiatives, national and regional policies, and the roles of key regulatory bodies. Next, we delve into the opportunities within the regulatory landscape, such as incentives, policy frameworks, and supportive measures for green financial products. However, challenges arise, including regulatory gaps, lack of standardized definitions, and legal risks for green investments. Case studies illustrate successful regulatory models, while highlighting the challenges faced by specific countries or regions. Finally, we offer a set of recommendations to strengthen regulatory frameworks, enhance transparency and disclosure requirements, and promote international cooperation and knowledge sharing, thus advancing the transformative potential of green finance.

Keywords :

Green Finance; Regulatory Landscape; Sustainable Development; Incentives; Policy Frameworks; Regulatory Measures; Market Development

References :

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[4] Mungai, E. M., Ndiritu, S. W., & Da Silva, I. (2022). Unlocking climate finance potential and policy barriers—A case of renewable energy and energy efficiency in Sub-Saharan Africa. Resources, Environment and Sustainability, 7, 100043.

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[12] Moxey, A., Smyth, M. A., Taylor, E., & Williams, A. P. (2021). Barriers and opportunities facing the UK Peatland Code: A case-study of blended green finance. Land Use Policy, 108, 105594.

[13] Coleton, A., Font Brucart, M., Gutierrez, P., Le Tennier, F., & Moor, C. (2020). Sustainable Finance: market practices. European Banking Authority Research Paper, (6).

 


Cite this Article as :
Style #
MLA Ayman H. Abdel-aziem, Tamer H. M. Soliman. "The Regulatory Landscape of Green Finance: An Improved Approach for Market Development." Financial Technology and Innovation, Vol. 2, No. 1, 2023 ,PP. 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)
APA Ayman H. Abdel-aziem, Tamer H. M. Soliman. (2023). The Regulatory Landscape of Green Finance: An Improved Approach for Market Development. Journal of Financial Technology and Innovation, 2 ( 1 ), 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)
Chicago Ayman H. Abdel-aziem, Tamer H. M. Soliman. "The Regulatory Landscape of Green Finance: An Improved Approach for Market Development." Journal of Financial Technology and Innovation, 2 no. 1 (2023): 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)
Harvard Ayman H. Abdel-aziem, Tamer H. M. Soliman. (2023). The Regulatory Landscape of Green Finance: An Improved Approach for Market Development. Journal of Financial Technology and Innovation, 2 ( 1 ), 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)
Vancouver Ayman H. Abdel-aziem, Tamer H. M. Soliman. The Regulatory Landscape of Green Finance: An Improved Approach for Market Development. Journal of Financial Technology and Innovation, (2023); 2 ( 1 ): 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)
IEEE Ayman H. Abdel-aziem, Tamer H. M. Soliman, The Regulatory Landscape of Green Finance: An Improved Approach for Market Development, Journal of Financial Technology and Innovation, Vol. 2 , No. 1 , (2023) : 26-34 (Doi   :  https://doi.org/10.54216/FinTech-I.020103)