Empowering sustainable development: The crucial nexus of green fintech and green finance in Luxembourg’s banking sector

Luxembourg institutions have the opportunity to reconcile environmental goals with financial stability by implementing Green Fintech solutions, as the banking sector increasingly recognizes the importance of sustainability. This study employs a quantitative approach and analyzes data collected from 150 participants working in the banking industry of Luxembourg. The research aims to assess the consequences of adopting Green Fintech on sustainable development. Banking institutions can boost their financial resilience and mitigate climate-related risks by adopting Green Fintech, which improves th... Mehr ...

Verfasser: Sohail, Mariam
Khan, Soha
Akbar, Ahsan
Svobodova, Libuse
Dokumenttyp: Artikel
Erscheinungsdatum: 2024
Verlag/Hrsg.: EnPress Publisher
Schlagwörter: green fintech / sustainable development / green finance / Luxembourg banks / qu antitative methodology / financial stability
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-29104524
Datenquelle: BASE; Originalkatalog
Powered By: BASE
Link(s) : https://systems.enpress-publisher.com/index.php/jipd/article/view/4979

Luxembourg institutions have the opportunity to reconcile environmental goals with financial stability by implementing Green Fintech solutions, as the banking sector increasingly recognizes the importance of sustainability. This study employs a quantitative approach and analyzes data collected from 150 participants working in the banking industry of Luxembourg. The research aims to assess the consequences of adopting Green Fintech on sustainable development. Banking institutions can boost their financial resilience and mitigate climate-related risks by adopting Green Fintech, which improves their sustainability. The paper emphasizes the importance of Green Fintech in the Luxembourg banking sector for advancing sustainable development goals. To effectively address the increasingly complex environmental concerns, it is crucial to embrace innovative Fintechs.