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Financial Challenges Of Investing In Eco-Innovation

Author

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  • TODOROVIC, Brankica

    (Faculty of Contemporary Art, Belgrade, Svetozara Miletica no. 12, Serbia)

Abstract

Eco-innovation represents the entrepreneurial and innovative potential of companies aimed at sustainable business practices based on the introduction and development of eco-innovations. Sources of financing for eco-innovation include bank loans, green loans, as well as external funding sources. The research in this paper focuses on the analysis of financial support measures for eco-innovation from the perspective of their relevant impact on fostering eco-innovations. By applying quantitative and qualitative research methods grounded in an analytical approach, the study examines the National Recovery and Resilience Plans (RRP) of EU countries in relation to the achieved Eco-Innovation Index in the domains of Eco-Innovation Inputs and Eco-Innovation Outputs. The obtained results are synthesized to underscore the need for enhanced financial support, viewed through the lens of how direct and indirect measures contribute to various relevant dimensions of eco-innovation.

Suggested Citation

  • TODOROVIC, Brankica, 2025. "Financial Challenges Of Investing In Eco-Innovation," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 13(1), pages 285-294, October.
    • Handle: RePEc:vls:rojfme:v:13:y:2025:i:1:p:285-294
    DOI: https://doi.org/10.65672/jfme.2025.1.27
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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