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The Role of Green Banking in Achieving Sustainable Development

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Cutting-Edge Business Technologies in the Big Data Era (SICB 2023)

Part of the book series: Studies in Big Data ((SBD,volume 135))

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Abstract

this paper tries to explain the main essential concepts of Green Banking; in addition to the products as well as services under this concept; moreover, explains the role of Green Banking towards achieving sustainable development.

Design, Methodology, Approach- This paper depends on one main hypothesis that is; Iraqi Banks have the essential elements to adopt Green Banking. Certain Iraqi banks are involved in this study, and due to achieve the main object of this research, Greening Banking dimensions and indicators had been used to illustrate the extent of banks’ environmental as well as social commitments.

Findings- The rank of environmental and social commitment of banks are really increased obviously with some banks especially those who encouraged by Central Bank of Iraq CBI and Iraqi Ministry of Finance.

Originality- Value- Green Banking concept is novel and due to rapid changes, that happened around the world in general and in Iraq in specific. Although many natural sources of energy, but unfortunately for many decades Iraq have been known as unilateral economy, and, it could be a good chance to search for this concept and serving banking literature with such papers like this to enrich the theoretical side and invest these theories and transfer them into action.

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Correspondence to Nagham Hussein Neama .

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Neama, N.H., Abbood, R.H., Abbood, I.H. (2023). The Role of Green Banking in Achieving Sustainable Development. In: Yaseen, S.G. (eds) Cutting-Edge Business Technologies in the Big Data Era. SICB 2023. Studies in Big Data, vol 135. Springer, Cham. https://doi.org/10.1007/978-3-031-42463-2_17

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