Current issue - Vol. 17, No. 1all articles

DIGITAL FINANCE, GREEN FINANCE AND SOCIAL FINANCE: IS THERE A LINK?

Peterson K. Ozili
pages: 1-7; JEL classification: G20, G30, O30, O31, O33, O35, Q01; Keywords: green finance, social finance, digital finance, sustainable development, environment, sustainable finance, innovation; Abstract: Identifying the intersection between digital finance, green finance and social finance is important for promoting sustainable financial, social and environmental development. This paper suggests a link between digital finance, green finance and social finance. Using a simple conceptual model, I show that digital finance offers a smooth, efficient and seamless channel for individuals and corporations to fund social projects that deliver a social dividend, and green projects lead to a sustainable environment. The implication is that digital finance is both an enabler and a channel for efficient green financing and social financing.
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