The Uptake of Green Finance Tools in Agriculture – Results of a Q-methodology

28 June 2023DOI: https://doi.org/10.33893/FER.22.2.99

Author information:

Anett Parádi-Dolgos: Hungarian University of Agricultural and Life Sciences, Associate Professor. E-mail:

Tibor Bareith: Hungarian University of Agricultural and Life Sciences, Assistant Professor (corresponding author). E-mail:

László Vancsura: Hungarian University of Agricultural and Life Sciences, Ph.D. Student. E-mail:

Arnold Csonka: Hungarian University of Agricultural and Life Sciences, Associate Professor. E-mail:

Abstract:

In this period of climate change, green finance is expected to have complex consequences to address economic and environmental risks by improving the profitability of individual activities. There are clearly identifiable areas of green development in agriculture that require such funding. Our research investigates the effectiveness of green finance tools in financing the sustainable development of the pig sector, a key agricultural sub-sector. The results of a Q-methodology study carried out with actors in the product chain showed that green finance is an unknown area for them. They are uncertain and pessimistic about whether and to what extent green finance tools can contribute to the development of the sector, but all share the view that sustainable investment in the sector may require public intervention. The use of economic policy instruments may therefore be necessary to make a sector-specific green finance programme a success.

Cite as (APA):

Parádi-Dolgos, A., Bareith, T., Vancsura, L., & Csonka, A. (2023). The Uptake of Green Finance Tools in Agriculture – Results of a Q-methodology. Financial and Economic Review, 22(2), 99–123. https://doi.org/10.33893/FER.22.2.99

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Column:

Study

Journal of Economic Literature (JEL) codes:

D25, O13, Q14

Keywords:

green finance, sustainability, pig sector, agricultural financing, Q-methodology

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