Exploring the Feasibility of Green Finance Initiatives: A Study of the Financial Sector in Pakistan

Authors

  • Shafiq Ur Rehman Lahore Business School, University of Lahore. Author
  • Muhammad Noman Yaseen COMSATSUniversity Islamabad, Vehari Campus Author
  • Imran Arshad 3Assistant Professor, Riphah School of Leadership, Faculty of Management Science, Riphah International University Islamabad Author
  • Rabia Hameed University of Utara Malaysia Author
  • Hafiz Adnan Maqbool Bahauddin Zakariya University, Multan. Author
  • Asad Qayoom National College of Business Administration &Economics(NCBA&E), Lahore, Pakistan Author

Keywords:

Green Finance, Feasibility, Sustainable Investments, Regulatory Environment, Financial Institutions' Readiness, Investor Sentiment, Market Conditions

Abstract

This research examines the feasibility of green finance initiatives within the financial sector of Pakistan, a country committed to addressing environmental challenges. The study examines the complex relationships between regulatory support, financial institutions' preparedness, investor sentiments, market dynamics, and the viability of green finance projects. Through a structured questionnaire survey involving professionals from the financial sector, the study unveils critical findings.A supportive regulatory environment positively influences financial institutions' readiness and fosters positive investor sentiment. Positive investor sentiment, in turn, stimulates the demand for green finance, leading to favorable market conditions. Finally, a conducive market environment enhances the feasibility of green finance initiatives. These findings carry significant implications for policymakers, financial institutions, and investors interested in sustainable finance

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Published

2024-03-31

How to Cite

Exploring the Feasibility of Green Finance Initiatives: A Study of the Financial Sector in Pakistan. (2024). Journal of Asian Development Studies, 13(01), 781-794. https://www.poverty.com.pk/index.php/Journal/article/view/398

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