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

Parádi-Dolgos, Anett and Bareith, Tibor and Vancsura, László and Csonka, Arnold (2023) The Uptake of Green Finance Tools in Agriculture : Results of a Q-methodology. FINANCIAL AND ECONOMIC REVIEW, 22 (2). pp. 99-123. ISSN 2415–9271 (print), 2415–928X (online)

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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. Journal of Economic Literature (JEL) codes: D25, O13, Q14

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