Download or read book Environmental Shocks and Sustainability in Microfinance written by Tyler Beck Goodspeed and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: I study the effects of a major environmental shock on microfinance lending by analyzing the Irish Loan Funds during the Great Famine of Ireland. I find that funds in districts worse affected by blight experienced higher failure rates and greater credit retrenchment and flight-to-quality than funds in less affected districts. Though greater leverage was generally associated with a higher predicted probability of institutional survival, the reverse was true where blight infection was more severe, and though more profitable funds were generally no more likely to survive, higher pre-famine margins were positive predictors of institutional survival where blight infection was worse. Results further indicate that the primary mechanisms by which pre-famine balance sheet metrics influenced survival probabilities were differential balance sheet contraction and flight-to-quality during the famine. The results of this study, therefore, suggest that optimal lending models in ordinary circumstances may render microfinance institutions (MFIs) more vulnerable to tail-probability aggregate shocks, with higher leverage, lower paid staff, lower economic rents, and more extensive liabilities limiting the scope for credit retrenchment and flight-to-quality. Results further indicate that one cost of MFI resilience to adverse environmental change is substantially reduced outreach to borrowers of lower credit quality.
Download or read book The Triangle of Microfinance written by Manfred Zeller and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s when the microfinance revolution began, much has been accomplished, but the field became more refined in the 1990s as a result of shifts in paradigms, strategies, and development practices. This volume addresses the three policy objectives that now occupy those who wish to use credit as a development tool: financial sustainability of microfinance institutions, outreach to the poor, and welfare impact. Inevitable tradeoffs exist among these objectives, and the book advances an analytical framework that assists students of and experts in microfinance to identify the tradeoffs and synergies at the institutional level and in the policy environment. The book features a wealth of empirical data and innovative analytical studies, and critically discusses the role of public support for microfinance institutions (MFIs) in light of the social costs and benefits generated by such financial systems. The book is organized into five parts. The first discusses the demand for and access to financial services by the poor, emphasizing that demand-oriented, pro-poor financial services are crucial in reaching the poor. The second is concerned with two of the criteria used to evaluate MFIsoutreach and financial sustainability. The third features innovative econometric studies seeking to evaluate the impact of MFIs at the household level. The fourth looks at the role of both public- and private-sector institutions in developing sustainable financial systems. And the fifth summarizes implications for policy and research. Given the lack of sound, empirical literature on microfinance, this volume is sure to advance knowledge and research methodology in the field.
Download or read book Greening the Financial Sector written by Doris Köhn and published by Springer. This book was released on 2011-12-08 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental finance, particularly energy efficiency and renewable energy (EERE) finance, can and should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or agricultural finance. For example, existing clients of financial institutions include small and medium-sized enterprises and households, and these are often suffering from high energy prices or have no access to sustainable energy supply. At the same time, these clients are vulnerable to extreme weather events, and often hit hardest by the impact of climate change. There are many other examples which show that the financial sector has an enormous potential to support “green” investments. In order to tap this potential on a sustainable basis, it is important to have a sound understanding which role financial institutions can and should play. This book provides a blend of well-founded professional and scientific perspectives on the potential of Environmental finance in developing and transition countries.
Download or read book Access to Microfinance and Financial Training for Innovative Urban Sustainability written by Musau Mutisya and published by African Books Collective. This book was released on 2014-10-06 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Kenyan population is highly concentrated in urban centres, leading to increased social, economic and environmental strains, with a significant percentage of urban dwellers living in sprawling slums. Urban development is increasingly a major focus, especially in the fight against urban sustainability problems. There is little practical orientation in the academic literature for the growing gap between the rich and poor. Current literature is enormously concerned with resource use and environmental pressures, paying scant attention to the nexus between urban sustainability and empowerment of the urban poor. This book initiates debates on the segment of urban population often referred to as the bottom of the pyramid (BOP), by analysing the microfinance innovation following evaluation of the impacts of access to microfinance and financial training and the implications to urban sustainability in Kenya. The main conclusion reached is that microfinance has an instrumental role to play in promoting sustainable urban development as it supports social welfare improvement and increases the livelihood of participants, business development and urban sustainability to a certain extent, thereby empowering the urban poor in contributing to poverty alleviation.
Download or read book Sustainable Livelihood Approach written by Stephen Morse and published by Springer Science & Business Media. This book was released on 2013-02-13 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all view the ubiquitous term ‘sustainability’ as a worthwhile goal. But how can we apply the principles of sustainability in the real world, at the sharp end of communities in developing nations where income insecurity is the troubled norm? This volume provides some practical answers, explaining the precepts of the ‘sustainable livelihood approach’ (SLA) through the case study of a microfinance scheme in Africa. The case study, centered around the work of the Catholic Church’s Diocesan Development Services organization, involved an SLA implemented over two years designed in part to help enhance its existing microfinance operation through closer links between local communities and international donors. The book’s central conclusion is that we must move beyond the concept of sustainable livelihood itself, with its in-built polarities between developed and developing nations, and embrace a more global notion of ‘sustainable lifestyle’; a more nuanced and inclusive approach that encompasses not just how we make a sustainable living, but how we can live sustainable lives.
Download or read book Navigating Microfinance Insights and Implementation written by Pradeep Kumar Singh and published by Notion Press. This book was released on 2023-12-11 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Navigating Microfinance: Insights and Implementation" is your indispensable guide to the dynamic world of microfinance. In this comprehensive two-volume exploration, Pradeep Kumar Singh, an accomplished professional with over two decades of experience, delves deep into the intricacies of microfinance, providing invaluable insights for industry professionals and management students alike. Volume 1, aptly titled "Microfinance Insights" embarks on a riveting journey through twelve illuminating chapters. From unravelling the pivotal role of rural credit and financial inclusion to exploring global microfinance models and dissecting delivery methodologies, this volume leaves no stone unturned. Readers gain a profound understanding of the evolution of Indian microfinance, its legal and governance framework, and the transformative potential of financial inclusion. Aspiring microfinance professionals and management students will find this book to be the perfect blend of theory and practice, equipping them with the knowledge and expertise needed to excel in this field. The dedication and acknowledgments express gratitude to those who supported the book's creation, adding a personal touch to this enriching resource. Embark on this enlightening journey, and let "Navigating Microfinance: Insights and Implementation" be your compass in the world of microfinance. Whether you are seeking a comprehensive reference or a deeper understanding of financial inclusion, this book is your trusted companion.
Download or read book Financing Sustainable Development in Africa written by Uchenna R. Efobi and published by Springer. This book was released on 2018-05-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics.
Download or read book Micro Finance Instruments Can Contribute to Build Resilience A Case Study of Coping and Adaptation Strategies to Climate Related Shocks in Piura Peru written by Philine Oft and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Microfinance Revolution written by Marguerite Robinson and published by World Bank Publications. This book was released on 2001-06-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.
Download or read book Green Microfinance written by Andrew Victor Posner and published by . This book was released on 2009 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Change Adaptation and Development written by Tor Håkon Inderberg and published by Routledge. This book was released on 2014-11-20 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change poses multiple challenges to development. It affects lives and livelihoods, infrastructure and institutions, as well as beliefs, cultures and identities. There is a growing recognition that the social dimensions of vulnerability and adaptation now need to move to the forefront of development policies and practices. This book presents case studies showing that climate change is as much a problem of development as for development, with many of the risks closely linked to past, present and future development pathways. Development policies and practices can play a key role in addressing climate change, but it is critical to question to what extent such actions and interventions reproduce, rather than address, the social and political structures and development pathways driving vulnerability. The chapters emphasise that adaptation is about much more than a set of projects or interventions to reduce specific impacts of climate change; it is about living with change while also transforming the processes that contribute to vulnerability in the first place. This book will help students in the field of climate change and development to make sense of adaptation as a social process, and it will provide practitioners, policymakers and researchers working at the interface between climate change and development with useful insights for approaching adaptation as part of a larger transformation to sustainability.
Download or read book Famine and Finance written by Tyler Beck Goodspeed and published by Springer. This book was released on 2017-01-20 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book uses archival data to examine how access to micro-finance credit played a role in facilitating adjustment to blight during the Great Famine of Ireland. The author argues that the worst affected districts with a microfinance fund experienced substantially smaller population declines and larger increases in buffer livestock during the famine than those districts without a fund. The potentially limited capacity of credit access to mitigate the effects of a major environmental shock on the poorest, most vulnerable borrowers is also a key topic of discussion.
Download or read book The Poor Always Pay Back written by Asif Dowla and published by Kumarian Press. This book was released on 2006 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success of Grameen Bank and the microcredit movement as a whole has proved the credit worthiness of the poor beyond question. Grameen II shows that the poor, given the opportunity, will save a great deal and will always pay back
Download or read book Contemporary Issues in Sustainable Finance written by Mario La Torre and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of sustainable development is applied to financial activities through sustainable finance. As a result, sustainable finance attempts to produce long-term value by allocating capital to projects that, in addition to providing economic benefits, are furthermore beneficial to society and do not burden the environment. This book sheds light on contemporary challenges in sustainable finance, addressing two key perspectives: measurement and performance, products and business models. In particular, the volume examines theoretically and empirically the relations between business models and non-financial impact, both environmental and social; as for the social goals, a special focus of the book is dedicated to the gender gap. Mario La Torre is currently full professor in Banking and Finance at the Department of Management, Sapienza University of Rome, Italy. Mario does research in Banking, Financial Intermediaries and Financial Markets, Impact Finance and Ethical Finance, and Finance for Culture and Media Industry. He is the author and co-author of many international books and papers and is the editor of the series Palgrave Studies in Impact Finance. Mario is Responsible for the Center for Positive Finance and has promoted the University Alliance for Positive Finance; he is the author of the Blog "Good in Finance". Sabrina Leo is a Tenure Track Assistant Professor at the Sapienza University of Rome, Italy. She is a Lecturer in Bank accounts strategies and performance and Digital Banking and Economics of Financial Intermediaries. Her primary areas of research are related to traditional topics and innovative ones. The first is related to the banking and financial market, credit management policies and financial intermediaries, the regulation of non-bank financial intermediaries. The second looks at DLT, Digital Payments, IT Governance in banks, Microfinance, Impact and Sustainable Banking, Social Impact Finance, Audio-visual, and Art Finance. More recently, she has been focusing on innovation in the payment system and the impact of technologies in the financial system. She is the author and co-author of many international papers, and co-author of national books. She is a Research Fellow of D€A - Digital Euro Association. She was a Scientific Observer of the Italian Advisory Board at the G8 Task Force on Social Impact Investments.
Download or read book Environmental Sustainability in a Time of Change written by Robert Brinkmann and published by Springer Nature. This book was released on 2019-10-18 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Sustainability in a Time of Change is the first book in a new Palgrave series on Environmental Sustainability. It takes a fresh look at the dynamic field of environmental sustainability by exploring the interconnections between climate change, water, energy, waste, land use, ecosystems, food, and transportation. It also provides an extensive summary on sustainability management, data analysis, mapping, and data sources. Brinkmann highlights how environmental sustainability challenges are distinctly different in the developed world, where sustainability is largely a choice, versus the developing world, where many struggle with basic existence due to war, migration, and water or food scarcity. He takes a broad systems and historic approach to contextualize environmental sustainability prior to the 1987 Brundtland Report and utilizes many contemporary examples throughout the text, analyzing numerous case studies from many areas of the world including China, Yemen, Malaysia, Egypt, and Florida. This book questions traditional approaches to sustainability that highlight the need for an equal balance of economic development, environmental protection, and social equality to achieve sustainability. This book focuses on a new line of thinking that places environmental sustainability as the key foundation in how to manage sustainability in a time of change. Our planet is quickly becoming environmentally unsustainable due to global consumption and unsustainable economic development and it is high time for a fresh approach. This book will be of great value to academics, practitioners, and students interested in environmental sustainability from a myriad of fields including geology, geography, biology, ecology, economics, business, sociology, anthropology, and other areas that intersect the interdisciplinary field of sustainability.
Download or read book Handbook of Research on Energy and Environmental Finance 4 0 written by Rafay, Abdul and published by IGI Global. This book was released on 2022-02-18 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy and environmental finance (EEF) is an emerging global phenomenon. During the last few decades, many countries started monitoring EEF practices. Major components of these practices include costs, fraud, scandals, and more. Among several problems, the most prevalent is the lack of awareness about the issues of EEF among various stakeholders. The Handbook of Research on Energy and Environmental Finance 4.0 is an international reference that provides understanding and lessons learned in all aspects of EEF in individual, organizational, and societal experiences. This book examines research in the shape of experience, implementation, and application. Covering topics such as clean power, energy poverty, and environmental degradation, this book is a dynamic resource for academicians, researchers, professionals who work within the domains of EEF, EEF regulators, scholars of EEF, managers involved in EEF organizations, law practitioners involved in EEF regulations, auditors involved in audit and control systems of EEF, university professors, and students pursuing studies and research in EEF.
Download or read book Financing Sustainability written by Marco Kerste and published by VU Uitgeverij. This book was released on 2011 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability thinking is rapidly gaining traction. It offers an inspiring vision for the future of the world and provides significant business and investment opportunities. Based on insights from over 300 empirical studies, this book explores the possibilities in the field of renewable energy finance, carbon trading, and sustainable investing. In addition, it describes innovative finance mechanisms – such as green bonds and peer-to-peer lending – that may further spur environmental and social sustainability. By taking an empirical, fact-based approach, this book aims to provide investors, business executives, and policymakers with a more thorough understanding of how sustainable finance can create value for business and society. Key words: Sustainable finance, renewable energy finance, cleantech, green investing, sustainable investments, responsible investments, carbon trading, carbon finance, ESG, impact investing.
