Climate Change Data Portal
DOI | 10.1007/s10098-024-02829-8 |
Green financing and climate change: challenges and regulatory mechanisms in Malaysia and Indonesia | |
Idris, Siti Hafsyah; Chang, Lee Wei; Prihandono, Iman; Rasidi, Saiful Azwan | |
发表日期 | 2024 |
ISSN | 1618-954X |
EISSN | 1618-9558 |
英文摘要 | Over the past few decades, there has been an increase in concerns about climate change in Malaysia and Indonesia. This has put pressure on both public-listed companies and small and medium-sized enterprises to modify the way they conduct their business. Therefore, in order to encourage the adoption of environmentally friendly financing in the country, it is crucial to modify regulatory frameworks, synchronize public financial incentives, promote green financing across various sectors, align public sector financing decisions with the environmental aspect of the Sustainable Development Goals (SDGs), and increase investments in clean and sustainable technologies. This paper examines the challenges of implementing effective green financing in Malaysia to comply with the climate change mitigation requirements of the Paris Agreement. It compares Malaysia's policies and regulatory mechanisms with Indonesia's and presents the challenges faced in implementing green financing. The government is identified as a key player in ensuring the success of the initiatives, but barriers remain that may limit the extent of their effectiveness. As a recommendation, to help nations become high-income nations by 2025 and achieve SDGs, green financing needs to be improved. All industry players, including small and medium-sized businesses, must adopt greener practices. |
英文关键词 | Green financing; Climate change; Challenges; Regulatory mechanisms |
语种 | 英语 |
WOS研究方向 | Science & Technology - Other Topics ; Engineering ; Environmental Sciences & Ecology |
WOS类目 | Green & Sustainable Science & Technology ; Engineering, Environmental ; Environmental Sciences |
WOS记录号 | WOS:001207647700002 |
来源期刊 | CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/307495 |
作者单位 | Universiti Teknologi MARA; Universiti Malaya |
推荐引用方式 GB/T 7714 | Idris, Siti Hafsyah,Chang, Lee Wei,Prihandono, Iman,et al. Green financing and climate change: challenges and regulatory mechanisms in Malaysia and Indonesia[J],2024. |
APA | Idris, Siti Hafsyah,Chang, Lee Wei,Prihandono, Iman,&Rasidi, Saiful Azwan.(2024).Green financing and climate change: challenges and regulatory mechanisms in Malaysia and Indonesia.CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY. |
MLA | Idris, Siti Hafsyah,et al."Green financing and climate change: challenges and regulatory mechanisms in Malaysia and Indonesia".CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY (2024). |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。