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The Frontiers of Society, Science and Technology, 2024, 6(1); doi: 10.25236/FSST.2024.060111.

Advancing Sustainable Development through Financial Innovation and Investment

Author(s)

Hongxuan Yang

Corresponding Author:
Hongxuan Yang
Affiliation(s)

Curtin Singapore, Marista Road, 056000, Singapore

Abstract

This paper aims to explore how financial innovation and investment can contribute to sustainable development. First, we introduced the concept and importance of sustainable development, emphasizing the balance between economic, social and environmental development. Second, we discuss the impact of financial innovation on sustainable development, including green finance, socially responsible investment and the application of fintech. We note that green finance promotes the development of renewable energy and low-carbon economy through the support of capital and risk management tools; Socially responsible investment promotes corporate social and environmental awareness by selecting companies to invest in that meet sustainable development standards; Fintech applications such as mobile payments and blockchain technology have increased the efficiency and transparency of financial services. We then explore the role of investment in promoting sustainable development, including the development of a green economy, social equity and technological innovation. Finally, we make policy recommendations that emphasize the role and responsibility of government, as well as the formulation and improvement of financial innovation and investment policies. Through the findings and conclusions of this study, we recommend strengthening regulation and monitoring to ensure the compliance and sustainability of financial innovation and investment activities. This study provides theoretical and practical guidance for financial innovation and investment in promoting sustainable development.

Keywords

Financial innovation; Sustainable development; Green finance; Socially responsible investment

Cite This Paper

Hongxuan Yang. Advancing Sustainable Development through Financial Innovation and Investment. The Frontiers of Society, Science and Technology (2024) Vol. 6, Issue 1: 65-71. https://doi.org/10.25236/FSST.2024.060111.

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