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Crowdfunding campaigns for a sustainable development: State of the art and future research agenda

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  • Cappa, Francesco
  • Cammarano, Antonello
  • Fasano, Francesco
  • Franco, Stefano

Abstract

Crowdfunding has emerged as a prominent alternative financing mechanism, enabling individuals and startups to raise capital in an easier and faster way. Crowdfunding is increasingly channeling resources into projects with explicit social and environmental objectives, aligning with Sustainable Development Goals (SDGs). The Special Issue “Crowdfunding campaigns for a sustainable development” further explores the intersection between crowdfunding and sustainability, offering a multifaceted analysis across different crowdfunding models. Contributions examine campaign success factors, platform dynamics, backer motivations, and the influence of contextual and cultural elements, thereby shedding light on how crowdfunding supports sustainability across environmental, social, and economic dimensions. This editorial highlights the valuable insights for scholars, entrepreneurs, and policymakers that are coming from the publications in the Special Issue, while also suggesting future research directions.

Suggested Citation

  • Cappa, Francesco & Cammarano, Antonello & Fasano, Francesco & Franco, Stefano, 2025. "Crowdfunding campaigns for a sustainable development: State of the art and future research agenda," Finance Research Letters, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:finlet:v:82:y:2025:i:c:s1544612325011213
    DOI: 10.1016/j.frl.2025.107863
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