Green Sukuk, Energy Poverty, and Climate Change : A Roadmap for Sub-Saharan Africa
The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean energy and resilient infrastructure projec...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/595861545145005026/Green-Sukuk-Energy-Poverty-and-Climate-Change-A-Roadmap-for-Sub-Saharan-Africa http://hdl.handle.net/10986/31082 |
| Summary: | The climate change challenge and the
growth of the Islamic finance industry, together with the
increase in socially responsible investing, could position
green sukuk as a key instrument for financing clean energy
and resilient infrastructure projects as well as
shorter-term energy efficiency projects. Expansion of a
green sukuk market could promote environment-friendly
projects and improve livelihoods, helping Islamic finance
achieve its moral objectives. A roadmap shows how policy
makers could create a green sukuk market in Sub-Saharan Africa. |
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