Template-Type: ReDIF-Article 1.0 Author-Name: Peterson K. Ozili Author-X-Name-First: Peterson K. Author-X-Name-Last: Ozili Title: Green finance research around the world: a review of literature Abstract: This paper reviews the existing research on green finance. It identifies the important themes in the green finance literature, particularly, the strategies to increase green financing; efforts to make green investment profitable; promoting green financing using technology and policy, the role of regulators and financial institutions in the green finance agenda, and the challenges of green financing. Several cross-country observations about the challenges of green finance and solutions to green finance issues are documented. The findings show that green finance has the potential to make a significant difference in the environment, society and for climate change mitigation, but many challenges abound such as the lack of awareness about green finance, inconsistent definitions of green finance, lack of policy coordination for green financing, inconsistent policies, and lack of profitable incentives to investors and financial institutions who are willing to invest in climate change mitigation. Journal: Int. J. of Green Economics Pages: 56-75 Issue: 1 Volume: 16 Year: 2022 Keywords: literature review; green finance; green investment; climate change; sustainable finance; green bonds; green banks; sustainable development goals; climate finance; environment; green loan; climate change mitigation; Paris Agreement; COP26. File-URL: http://www.inderscience.com/link.php?id=125554 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:1:p:56-75 Template-Type: ReDIF-Article 1.0 Author-Name: Tony Wijaya Author-X-Name-First: Tony Author-X-Name-Last: Wijaya Author-Name: Agung Utama Author-X-Name-First: Agung Author-X-Name-Last: Utama Author-Name: Anita Mustikasari Author-X-Name-First: Anita Author-X-Name-Last: Mustikasari Author-Name: Zahrotush Sholikhah Author-X-Name-First: Zahrotush Author-X-Name-Last: Sholikhah Author-Name: Punitha Sinnappan Author-X-Name-First: Punitha Author-X-Name-Last: Sinnappan Title: Motives and barriers of organic food consumption behaviour: a comparative study between Indonesia and Malaysia Abstract: This research aims to identify and compare motive factors and barriers to Indonesia and Malaysia's organic food consumption behaviour. The respondents of this survey research were the generation Z consumers in Indonesia and Malaysia. The data were collected using the purposive sampling technique and then analysed using CFA-SEM and ANOVA. Based on data analysis, the factors that become the motive for the consumption of organic food were health, safety, naturalness, environmental balance, and subjective norms factors. In contrast, consumption barriers were sellers' availability, price, authenticity, income, and knowledge. Based on the testing of factors in the two consumer groups, it is known that there are significant differences in the motives factor between Indonesian and Malaysian respondents. Likewise, there is a significant difference in the barriers factor between Indonesian and Malaysian respondents as a whole, except for two factors, namely authenticity and price. Journal: Int. J. of Green Economics Pages: 1-17 Issue: 1 Volume: 16 Year: 2022 Keywords: Gen Z; green behaviour; green consumer; green product. File-URL: http://www.inderscience.com/link.php?id=125555 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:1:p:1-17 Template-Type: ReDIF-Article 1.0 Author-Name: Inga Uvarova Author-X-Name-First: Inga Author-X-Name-Last: Uvarova Author-Name: Dzintra Atstaja Author-X-Name-First: Dzintra Author-X-Name-Last: Atstaja Title: Collaborative circular business models in the tyre recycling Abstract: The multi-stakeholder collaboration is one of enablers for circular business models (CBMs), involving various actors - the industry, academia, government and society or communities in the transdisciplinary setting. However, there is lack of approaches for sharing responsibilities and ownership in the circular value. The aim of this paper is to investigate existing concepts of collaborative approaches within CBMs, investigating following research questions: (1) What is the collaboration framework within CBMs, (2) What are enabling factors for collaborative CBMs, (3) How the collaboration is perceived within the tyre recycling CBMs. Findings reveal that the collaboration requires changes in the perception of the societal role in CBMs and the circular value chain. This research contributes to CBM theoretical concepts and practices. This study identifies dilemmas and the future research agenda related to the ownership of the shared circular value and the collaboration engagement. Journal: Int. J. of Green Economics Pages: 76-100 Issue: 1 Volume: 16 Year: 2022 Keywords: circular business models; circular value networks; collaboration; tyre recycling. File-URL: http://www.inderscience.com/link.php?id=125556 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:1:p:76-100 Template-Type: ReDIF-Article 1.0 Author-Name: Dejun Xie Author-X-Name-First: Dejun Author-X-Name-Last: Xie Author-Name: Rongjia Wang Author-X-Name-First: Rongjia Author-X-Name-Last: Wang Author-Name: Jianchang Li Author-X-Name-First: Jianchang Author-X-Name-Last: Li Author-Name: Si Shen Author-X-Name-First: Si Author-X-Name-Last: Shen Author-Name: Wei Zhou Author-X-Name-First: Wei Author-X-Name-Last: Zhou Author-Name: Li Xie Author-X-Name-First: Li Author-X-Name-Last: Xie Title: Customer satisfaction analysis in bike sharing Abstract: Dockless bike-sharing is popular in China as it provides users with a sustainable and environment-friendly way to travel. Establishing a long-term profit model for the dockless bike-sharing industry is essential for the operators. This research estimates the factors that can improve user satisfaction, which is positively correlated with rental profit. The data, collected by online questionnaires, was analysed through exploratory factor analysis and confirmatory factor analysis to establish an appropriate structural equation model between these factors and user satisfaction. The results show a strong positive relationship between dockless bike-sharing, service, marketing strategy and user satisfaction, while a robust negative relationship is identified between unfavourable general effects and user satisfaction. Furthermore, the moderating effect between general effects and the dependent variable caused by dockless bike-sharing use was verified. Finally, the suppressing effect between marketing strategy and user satisfaction was confirmed. Journal: Int. J. of Green Economics Pages: 36-55 Issue: 1 Volume: 16 Year: 2022 Keywords: bike-sharing; user satisfaction; exploratory factor analysis; confirmatory factor analysis; sharing economy; AMOS. File-URL: http://www.inderscience.com/link.php?id=125557 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:1:p:36-55 Template-Type: ReDIF-Article 1.0 Author-Name: Antonina Terleeva Author-X-Name-First: Antonina Author-X-Name-Last: Terleeva Title: Overview of government tools designed to increase a volume of organic municipal solid waste processed into organic fertilisers Abstract: Governments across the world are struggling to deal with the continuously growing amounts of generated organic Municipal Solid Waste (MSW), and one of the ways to deal with this issue is to stimulate volumes of organic MSW diverted from landfills to processing. The article presents a systematic overview of economic and administrative tools that governments use in order to stimulate processing of organic MSW to organic fertilisers. Increased volumes of processed organic MSW and use of organic fertilisers would bring multiple economic and environmental effect to the world economy. Tools discussed in the paper are divided into two groups: economic (financing, stimulating of demand and taxation) and administrative (provision of information and implementation of amendments to legislation). The author demonstrates all the tools by examples in the world economy, which were selected based on geographic diversity principle to demonstrate global nature of the problem. Journal: Int. J. of Green Economics Pages: 18-35 Issue: 1 Volume: 16 Year: 2022 Keywords: MSW; municipal solid waste; organic MSW; processing of MSW; organic fertiliser; government incentive; landfilling. File-URL: http://www.inderscience.com/link.php?id=125560 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:1:p:18-35 Template-Type: ReDIF-Article 1.0 Author-Name: Rajesh B. Kumar Author-X-Name-First: Rajesh B. Author-X-Name-Last: Kumar Author-Name: K.S. Sujit Author-X-Name-First: K.S. Author-X-Name-Last: Sujit Author-Name: Ikhlaas Gurrib Author-X-Name-First: Ikhlaas Author-X-Name-Last: Gurrib Title: Environmental initiatives: impact on firm wealth creation Abstract: This study investigates the impact of environmental initiatives adopted by firms on wealth creation. A sample consisting primarily of 4886 developed and emerging market firms from Thomson Reuters ESG database is used for the study. Findings support that firms from emerging market had higher use of resources and emission reduction efficiency than the developed counterparts. Environmental initiatives were higher for polluting firms compared to non-polluting firms. Non-health sectors had higher environmental initiatives like efficient use of resources, emission reduction and innovation strategies targeted towards the reduction of environmental costs. Food sector had higher environmental initiatives compared to the non-food sector. Firms from sin industries had positive market valuation effects. Using regression analysis, our study examines the impact of environmental initiatives on three models of performance. The study suggests that environmental initiatives to reduce environmental emissions and activities targeted at environmental innovation are not value enhancing activities for entities. Empirical findings supporting that environmental initiatives do not lead to improved financial performance lead to have implications for managers and policy makers. With markets not perceiving environmental initiatives as value creating activities by firms, actions targeted towards emission reduction, adoption of environmental innovation strategies and resource efficiency are not positively viewed by markets. Journal: Int. J. of Green Economics Pages: 130-147 Issue: 2 Volume: 16 Year: 2022 Keywords: sustainability; valuation and environment; technology innovation. File-URL: http://www.inderscience.com/link.php?id=127906 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:130-147 Template-Type: ReDIF-Article 1.0 Author-Name: Vir Ved Ratna Author-X-Name-First: Vir Ved Author-X-Name-Last: Ratna Author-Name: Raj Kumar Ojha Author-X-Name-First: Raj Kumar Author-X-Name-Last: Ojha Title: Green brand management: nexus between brand attachment, satisfaction and loyalty of green products Abstract: The concept of green brand has led to Green Brand Positioning and has driven the need to analyse the role of those attributes that act as the motivating factors in purchasing green products. Green Brand Positioning and its management are based on an integrated communication strategy to inform consumers about the brand's connection and provide product satisfaction for their environmental and health concerns. This paper is aimed at understanding the relationship between brand attachment, brand satisfaction and brand loyalty to green products through green brand management based on the attributes influencing the consumer experience. The data was collected based on a well-designed questionnaire and responses were gathered from identified product consumers. Based on the empirical results obtained by data collection, it is revealed that green brand management plays a significant positive role in building green brand satisfaction, green brand attachment and green brand loyalty with an impact on customer experience. Journal: Int. J. of Green Economics Pages: 115-129 Issue: 2 Volume: 16 Year: 2022 Keywords: green brand positioning; green brand loyalty; brand attachment; customer experience; sustainability; green products; brand satisfaction. File-URL: http://www.inderscience.com/link.php?id=127907 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:115-129 Template-Type: ReDIF-Article 1.0 Author-Name: Stuti Haldar Author-X-Name-First: Stuti Author-X-Name-Last: Haldar Author-Name: Gautam Sharma Author-X-Name-First: Gautam Author-X-Name-Last: Sharma Title: Possibility spaces for citizen-driven innovations? Classification and functions of urban makerspaces in Bengaluru, India Abstract: Makerspaces are shared workshops for the public to design, innovate and prototype. These spaces are primarily located in the urban regions and provide access to 'high-tech' and traditional low-tech tools needed for innovation design. Though makerspaces are a western phenomenon, their emergence in India can be traced to the early decade of the 2010s. In this paper, we study the urban makerspaces in Bengaluru, India, to explore its distinctions from the western conceptualisation. The city of Bengaluru is regarded as the technology and innovation capital of India and is also home to several makerspaces. We employ a qualitative research design and collect data through primary and secondary means. The findings point out the complexities and multifaceted nature of makerspaces in terms of their mode of operation, location and profile of actors/members, motives of operating and functions performed. The makerspaces in Bengaluru are predominantly informal spaces of innovation nested within or financed by formal institutions, such as enterprises, universities and government funding agencies. Journal: Int. J. of Green Economics Pages: 148-164 Issue: 2 Volume: 16 Year: 2022 Keywords: makerspaces; maker movement; informal innovations; India; circular economy; resilient manufacturing. File-URL: http://www.inderscience.com/link.php?id=127908 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:148-164 Template-Type: ReDIF-Article 1.0 Author-Name: Sargam Bahl Walia Author-X-Name-First: Sargam Bahl Author-X-Name-Last: Walia Author-Name: Harish Kumar Author-X-Name-First: Harish Author-X-Name-Last: Kumar Title: Impact of perceived quality, perceived value and perceived price on satisfaction and purchase intention towards eco-friendly products Abstract: The proposed study aims to understand the association between the perceived quality, perceived value and perceived price on satisfaction and purchase intention towards eco-friendly products at Dehradun, Uttarakhand, India. This study is a combination of descriptive and exploratory research. Both primary and secondary sources of data collection have been used for the study. For this research, a survey of 300 respondents has been taken into consideration. A close-ended questionnaire has been used to collect information from the respondents. A conceptual model has been proposed in the study which has been statistically tested using correlation and regression analysis. The study results show that perceived quality, perceived value and perceived price has a significant association with satisfaction and intention of consumers towards eco-friendly products. The research results will help the marketers in framing their strategic design for selling environment-friendly products and understanding their consumer well. The results of the study can be used by the government in promoting consumption and usage of eco-friendly products by initiating sustainability programs for consumers. A key limitation of the study is the dynamic nature of psychological sciences. Journal: Int. J. of Green Economics Pages: 101-114 Issue: 2 Volume: 16 Year: 2022 Keywords: perceived quality; perceived value; perceived price; green product; green satisfaction; intention. File-URL: http://www.inderscience.com/link.php?id=127909 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:101-114 Template-Type: ReDIF-Article 1.0 Author-Name: Sanjay Kumar Patel Author-X-Name-First: Sanjay Kumar Author-X-Name-Last: Patel Author-Name: Poonam Kumari Author-X-Name-First: Poonam Author-X-Name-Last: Kumari Title: Carbon accounting framework for decarbonising: a fair value measurement approach for financial reporting in India Abstract: To impose the liability on polluters instead of externalising to society, present study aims to identify the variables affecting fair value measurement of carbon footprints price to disclose in accounting reports and to examine the relationship between identified factors and carbon footprints price. Exploratory factor analysis and regression analysis was employed to specify the construct's independence and ability of independent variables to predict fair carbon footprints price in India. Five out of six independent factors, polluters pay principle, social cost of carbon, atmospheric damage, mandatory carbon reporting and corporate sustainability, in the proposed model were predictive of the fair value measurement of carbon footprints price and supported the proposed model. The study recommends that corporations should follow full-cost accounting principle to reflect the actual damage caused to society and environment. The study provides practical implications for policymakers, accounting professionals and government to streamline the mandatory carbon pricing accounting standard. Journal: Int. J. of Green Economics Pages: 204-218 Issue: 2 Volume: 16 Year: 2022 Keywords: fair value measurement; carbon pricing; polluters pay principle; accounting reports; exploratory factor analysis; regression analysis; India. File-URL: http://www.inderscience.com/link.php?id=127910 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:204-218 Template-Type: ReDIF-Article 1.0 Author-Name: Emmanuel Asafo-Adjei Author-X-Name-First: Emmanuel Author-X-Name-Last: Asafo-Adjei Author-Name: Anokye M. Adam Author-X-Name-First: Anokye M. Author-X-Name-Last: Adam Author-Name: Zulaiha Hamidu Author-X-Name-First: Zulaiha Author-X-Name-Last: Hamidu Author-Name: Priscilla B. Oppong Author-X-Name-First: Priscilla B. Author-X-Name-Last: Oppong Author-Name: Gilbert K. Amoako Author-X-Name-First: Gilbert K. Author-X-Name-Last: Amoako Title: Risk-synchronisation through the prism of interconnectedness among sustainability equities returns: a regional and global perspective Abstract: The study scrutinises the dynamic interconnectedness among 20 sustainability equities returns from regional and global perspective with a sample period from 12th November 2012 to 2nd December 2021. The sustainability equities returns include samples from Africa, America, Asia, Europe, BRICT, Emerging markets, Developed markets and World indices. Using the TVP-VAR and wavelet multiple techniques, we find heterogeneous levels of markets integrations. A mixture of net transmitting and net receiving assets at the averaged total connectedness and net connectedness levels are noticeable. Also, dynamic connectedness rises in times of uncertainties revealing contagion effects. Moreover, the integration levels among sustainability equities are high across investment horizons, but with a potential lead or lag. Particularly, we find more flights to quality for net receivers of shocks relative to net transmitters. It must be noted that distinctions between net transmitters and net receivers of sustainability equities should manifest across time for effective investment decisions. Journal: Int. J. of Green Economics Pages: 165-203 Issue: 2 Volume: 16 Year: 2022 Keywords: connectedness; integration; spillover; contagion; transmitters; receivers. File-URL: http://www.inderscience.com/link.php?id=127911 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijgrec:v:16:y:2022:i:2:p:165-203