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Assessing The Effectiveness Of Green Banking Initiatives In Promoting Sustainable Development: A Comparative Analysis Of Green Banking Practices In Developed And Developing Countries

Author

Listed:
  • MUJEEB UR REHMAN

    (Faculty of Economics, Alfalah University, Jalalabad, Afghanistan)

  • AZIZ ULLAH

    (PhD Scholar, Department of Management Sciences, Qurtaba University Peshawar, Pakistan)

  • MUNEERA QURESH

    (PhD Scholar, Department of Management Sciences, Qurtaba University Peshawar, Pakistan)

  • DR. NAVEED

    (Associate Professor, Department of Management Sciences Qurtaba University Peshawar, Pakistan)

Abstract

This research study aimed at assess the effectiveness of green banking initiatives in promoting sustainable development through a comparative analysis of green banking practices in developed and developing countries. Through a comparison of green banking practices in established and developing nations this research project seeks to determine how effective green banking programs are at fostering sustainable development. The significance of sustainable development has drawn considerable attention on a global scale, and the banking industry is essential in promoting sustainable practices through green banking programs. In order to assess and contrast the green banking practices of industrialized nations with their well-established frameworks and laws with those of developing nations where green banking initiatives are still in their infancy, the research completed use a comparative analysis technique. The study completed look at the main plans, laws, and methods that banks in both types of nations have used to encourage sustainable growth. A mixed-methods approach completed be used for the research integrating qualitative and quantitative techniques. Literature review for qualitative and surveys with bankers in the subject of green banking completed be used to gather quantitative data. The data was analyzed through comparative analysis and statistical measures of descriptive and correlation. The results show that green banking effect the sustainable development of nations.

Suggested Citation

  • Mujeeb Ur Rehman & Aziz Ullah & Muneera Quresh & Dr. Naveed, 2023. "Assessing The Effectiveness Of Green Banking Initiatives In Promoting Sustainable Development: A Comparative Analysis Of Green Banking Practices In Developed And Developing Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(2), pages 10-17.
    • Handle: RePEc:rfh:bbejor:v:12:y:2023:i:2:p:10-17
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    References listed on IDEAS

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