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| DOI | 10.1016/j.enpol.2023.113501 |
| Green Remittances: A novel form of sustainability finance | |
| Mills, Evan | |
| 发表日期 | 2023 |
| ISSN | 0301-4215 |
| EISSN | 1873-6777 |
| 卷号 | 176页码:11 |
| 英文摘要 | Lack of finance is a key barrier to sustainable development. Formal aid and private investment are insufficient and vulnerable to inefficient government-to-government interactions and fail to reach some populations. Re-mittances from 280 million migrant workers to families at home represent enormous complementary monetary inflows to low-and middle-income countries, and, at $600 billion globally, are three-times greater than top-down Official Development Assistance. While commonly intended to alleviate poverty, remittances are rarely targeted towards sustainable development, and can even lead to environmental degradation. There is significant potential to align remittances with sustainability goals, assisted by emerging technologies and digital-finance platforms. Proactive green remittances can take the form of cash, goods, or services. They can be targeted to households, transportation, agriculture, entrepreneurial purposes, or community-level infrastructure projects. Applications include renewable energy, energy-efficiency, and a range of climate change resilience and adap-tation activities. The article provides a unique synthesis of the existing literature, highlighting the lack of focus on proactively directing remittances toward sustainability, and identifies and assesses early targeting efforts in eight countries. Key policy challenges include awareness-building among remittance providers and recipients, identifying and pooling applicable locally-available goods and services, assuring quality, reducing transaction costs, and scale-up. |
| 英文关键词 | Development; Remittances; Finance; Sustainability; Climate Resilience and Adaptation; Renewable energy |
| 学科领域 | Economics; Energy & Fuels; Environmental Sciences; Environmental Studies |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
| WOS记录号 | WOS:000950207400001 |
| 来源期刊 | ENERGY POLICY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/272006 |
| 作者单位 | University of California System; University of California Berkeley |
| 推荐引用方式 GB/T 7714 | Mills, Evan. Green Remittances: A novel form of sustainability finance[J],2023,176:11. |
| APA | Mills, Evan.(2023).Green Remittances: A novel form of sustainability finance.ENERGY POLICY,176,11. |
| MLA | Mills, Evan."Green Remittances: A novel form of sustainability finance".ENERGY POLICY 176(2023):11. |
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