Sustainable finance and investment has become an important factor in achieving environmental sustainability. Evidence also suggests it has become more prominent in the global financial system. Although academic interest has increased in recent years, most prior studies have investigated support for sustainable finance within corporate environments. Studies examining the support of individuals, or the wider public, are scarce. Consequently, using a Eurobarometer survey of 27,862 Europeans across all 27 EU countries, this study explores support for sustainable finance among people in Europe. We used a nested fixed effects model – with two levels – to examine the influence of sociodemographic factors, knowledge of sustainable finance, and a country's progress towards attaining the United Nations Sustainable Development Goals (SDGs). Our results show that sociodemographic factors are the most influential predictors of support for sustainable finance. We found that age, gender and living in rural/urban areas all influenced people's support for sustainable finance. Meanwhile, the influence of sustainable finance knowledge and SDG progress were either negligible or negative. © 2024 Elsevier Ltd.
Язык оригиналаАнглийский
Номер статьи141769
ЖурналJournal of Cleaner Production
Том449
DOI
СостояниеОпубликовано - 2024

    Предметные области WoS

  • Наука о растительности, экология и технология
  • Технологии, Моделирование условий эксплуатации
  • Науки об окружающей среде

    Предметные области ASJC Scopus

  • Strategy and Management
  • Науки об окружающей среде в целом
  • Industrial and Manufacturing Engineering
  • Renewable Energy, Sustainability and the Environment

ID: 55346660