Adoption Of Green Credit Policies By Financial Institutions. Critical Analysis Through Data Mining

Authors

  • Jhonny Fernando Bonilla Bonilla , Edgar Marcelo Vilcacundo Chamorro , Tanqueño Colcha Oscar Paúl, MsC , Arguello Delgado Verónica del Carmen, MsC

Keywords:

Green credits, environment, sustainable development, fossil fuels

Abstract

One of the most effective tools for addressing environmental problems is green credit, which not only mobilizes more capital to support the environmental protection industry but also forces the transformation of highly polluting industries, ultimately achieving a reasonable allocation of resources. Through a literature review of scientific literature, patterns and trends related to the studied policies were identified. The results showed a growing interest in the adoption of these credits, particularly in relation to government regulations and incentives, as well as criteria and standards for their implementation. The importance of Green Credits for sustainable development and the transition to a low-carbon economy was emphasized.

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Published

2023-08-15

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Section

Articles