THE ROLE OF BANKS IN SUPPORTING THE GREEN ECONOMY AND GREEN BANKING IN EGYPT | ||||
| Journal of Environmental Science | ||||
| Article 17, Volume 48, Issue 2, December 2019, Page 437-465 PDF (890.92 K) | ||||
| Document Type: Review Article | ||||
| DOI: 10.21608/jes.2019.156958 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
| Abd El Moneim M. I. Elrefai1; Abeer F. Ali2; Ahmed F. M. Khalil3 | ||||
| 1Central Department of Internal Control, Internal Control Sector, Banque Misr | ||||
| 2Faculty of Commerceو Ain Shams University. | ||||
| 3Micro Projects and Microfinance Sector, Banque Misr | ||||
| Abstract | ||||
| The study aimed to identify the concept, characteristics and advantages of the transition to a green economy and its relationship with the Egyptian banking system. Green over the coming years. The study concluded that the green economy is the best way to preserve the environment and stimulate economic growth and eradicate poverty. There is a positive relationship between the volume of credit in the banking system and the volume of credit directed to green projects. The researcher made several recommendations, the most important of which are: The need for banks to establish special systems to finance green projects commensurate with the nature of these projects and the establishment of new banking products in the so-called (green banking). Appropriate, with the establishment of a new specialized department to monitor the credit risk of green projects and take appropriate measures to detect any risks that may face these green projects. | ||||
| Keywords | ||||
| Keywords: Banks; Green Economy; Green Banking | ||||
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