Publication: Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa
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2018-12
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2018-12-28
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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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“Aassouli, Dalal; Asutay, Mehmet; Mohieldin, Mahmoud; Nwokike, Tochukwu Chiara. 2018. Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa. Policy Research Working Paper;No. 8680. © World Bank. http://hdl.handle.net/10986/31082 License: CC BY 3.0 IGO.”
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