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The Uptake of Green Finance Tools in Agriculture - Results of a Q-methodology

Author

Listed:
  • Anett Paradi-Dolgos

    (Hungarian University of Agricultural and Life Sciences)

  • Tibor Bareith

    (Hungarian University of Agricultural and Life Sciences)

  • Laszlo Vancsura

    (Hungarian University of Agricultural and Life Sciences)

  • Arnold Csonka

    (Hungarian University of Agricultural and Life Sciences)

Abstract

In this period of climate change, green finance is expected to have complex consequences to address economic and environmental risks by improving the profitability of individual activities. There are clearly identifiable areas of green development in agriculture that require such funding. Our research investigates the effectiveness of green finance tools in financing the sustainable development of the pig sector, a key agricultural sub-sector. The results of a Q-methodology study carried out with actors in the product chain showed that green finance is an unknown area for them. They are uncertain and pessimistic about whether and to what extent green finance tools can contribute to the development of the sector, but all share the view that sustainable investment in the sector may require public intervention. The use of economic policy instruments may therefore be necessary to make a sector-specific green finance programme a success.

Suggested Citation

  • Anett Paradi-Dolgos & Tibor Bareith & Laszlo Vancsura & Arnold Csonka, 2023. "The Uptake of Green Finance Tools in Agriculture - Results of a Q-methodology," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 22(2), pages 99-123.
    • Handle: RePEc:mnb:finrev:v:22:y:2023:i:2:p:99-123
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    References listed on IDEAS

    as
    1. Yang, Yuxue & Su, Xiang & Yao, Shuangliang, 2021. "Nexus between green finance, fintech, and high-quality economic development: Empirical evidence from China," Resources Policy, Elsevier, vol. 74(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    green finance; sustainability; pig sector; agricultural financing; Q-methodology;
    All these keywords.

    JEL classification:

    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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