GREEN FINANCE AND SUSTAINABLE DEVELOPMENT: A COMPREHENSIVE ANALYSIS OF FINANCIAL PERFORMANCE AND EMPLOYMENT IMPACT
Keywords:
Green Bonds, Sustainable Investment, Job Creation, Sustainable Development, Skill Development, Profitability and Revenue Growth, Cost Efficiency.Abstract
This scholarly inquiry delves into the intricate interplay between sustainable financial methodologies and employment dynamics. The research scrutinizes the ramifications of integrating sustainability principles into financial strategies concerning employment opportunities, the longevity of employment, and the advancement of enduring socioeconomic sustainability. The research employed 15 semi-structured interviews, continuing the interviews until data saturation was achieved. The analysis, following a three-step thematic approach, unveiled recurrent patterns, influential factors, and nuanced implications of sustainable finance on employment generation across various industries. The research reveals a positive correlation between robust sustainable integration and increased job creation. The study elucidates industry-specific complexities, pinpointing mediating factors such as skill development programs and regulatory frameworks that shape employment outcomes. Additionally, it underscores the enduring nature of jobs generated by sustainable finance initiatives. This study contributes novel empirical data, offering comprehensive insights into the direct impact of sustainable finance on employment dynamics. The study outcomes hold significant implications for investors, organizations, policymakers, and stakeholders, guiding the formulation of policies aligned with the goals of social sustainability, environmental stewardship, and economic growth. The novelty lies in the in-depth exploration of sector-specific implications, mediating variables, and the enduring nature of employment outcomes resulting from sustainable finance practices.