Green finance provides linkage between the financial industry, protection of the environment and economic growth. Simply speaking, green finance refers to use of financial products and services, such as loans, insurance, stocks, private equity and bonds in green (or eco-friendly) projects. Green finance, which has grown by leaps and bounds in recent years, provides public well-being and social equity while reducing environmental risks and improving ecological integrity. For example, global interest in green energy finance is increasing at a rapid pace – in 2019, investments in green energy reached the figure of US$ 282.2 billion, which underscores the significance of … Continue reading →
The global financial recession triggered serious debate among many countries in revealing the causes behind failures and in innovating affordable solutions. Seeking “transformational” economic growth is very fashionable nowadays bringing to the front-line clean energy and green investments as keys for a better future. And for those countries at the heart of change in the Arab World, the famous “Spring” is bringing a different flavor to the aspired change and reform. In Jordan, attention to sustainability (whether environmental or social) is a need as well as a strategic choice. For a country with very limited natural resources and increasingly growing … Continue reading →
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