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Are microfinance institutions in South-East Asia pursuing objectives of greening the environment?

Title
Are microfinance institutions in South-East Asia pursuing objectives of greening the environment?
Authors
Mia M.A.Zhang M.Zhang C.Kim Y.
Ewha Authors
김유미
Issue Date
2018
Journal Title
Journal of the Asia Pacific Economy
ISSN
1354-7860JCR Link
Citation
Journal of the Asia Pacific Economy vol. 23, no. 2, pp. 229 - 245
Keywords
agricultureGreenhouse gasmicrofinance institutionsSouth-East Asiasustainable development
Publisher
Routledge
Indexed
SSCI; SCOPUS WOS scopus
Document Type
Article
Abstract
Microfinance institutions (MFIs) were initially established to alleviate extreme poverty by providing a wide array of customized financial products. However, today's MFIs’ roles have been diversified into providing not only basic financial products but also a great variety of non-financial products, such as incentives and assistance to promote environment-friendly practices in the developing countries. By using an unbalanced panel data of 274 MFIs in South-East Asia from 2000 to 2014, this study investigated MFIs’ contribution in greening the environment using the proxy of greenhouse gas (GHG) emissions from the agriculture sector. The regression results show that the main proxy variables: number of borrowers, number of loans outstanding and average loan over gross national income per capita have a negative effect on GHG emissions, and thus, creating a positive impact on greening our environment. © 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.
DOI
10.1080/13547860.2018.1442147
Appears in Collections:
사회과학대학 > 행정학전공 > Journal papers
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