Green Financing and Women’s Sustainable Development
摘要
The present study is a theoretical study involving logical exploration of a system of designs and canons pertaining to green financing and sustainable development. Green financing conotes any financial activity promoting eco-friendly activities and projects snowballing green financial skills too. On the other hand, sustainable development involves meeting present needs without compromising the needs of the future generation. The study aims to explain how green financing can boost women’s sustainable development. The methodology used in the study is theoretical in nature examining literature from past one decade viz. 2014–2024. The main key variables or factors identified through literature are sustainable development, green skills, innovations, gender wage gap, regulatory framework, social norms, values, and beliefs. It argues that positive changes in the main determinants of green financing will boost green financing in an economy and vice versa. Furthermore, it argues that green financing can help achieve women’s sustainable development goals by different ways including combating climate change, reducing risks, increasing financial flows, maintaining sustainability, developing organic culture, and promoting transparency. The results of the study show that green financing takes account of the land-use systems, livelihood security, crop diversification, applying indigenous knowledge systems, and social capital. It therefore highlights the need to create a holistic green finance mechanism taking account of gender considerations which necessarily need to be integrated into the design and operationalization of such dedicated mechanisms. This can be done by explicitly introducing gender criteria in performance goals and measurement frameworks, promoting women empowerment and gender equality. It is high time to incorporate a gender outlook into green financing policies, schemes, and practices, demanding an inclusive enquiry into the nature and significance of gender-sensitive financing theories or models. Equally important is to explore the socio-cultural-economic impact on gender financing, aiming to realize the Sustainable Development Goals (SDGs) pertaining to gender equality and gender sensitivity more efficaciously. Furthermore, empirical breakdown shows that by combining green financing codes with fiscal plans showcasing the sustainable development of women, sustainable development can be accomplished.