Traditional financial models often treat money as a neutral tool, but in a world facing climate change, the “financial sphere” must evolve to support the “real sphere.”
This research explores how sustainable finance acts as the glue that binds these two worlds together. By examining the interactions between businesses and funding, the study introduces a Triple Layered Model that moves beyond simple profit to prioritize Governance, Society, and the Environment.
The findings highlight a new era—Sustainable Finance 4.0—where digital innovation is harnessed to fund the circular economy. This isn’t just about “green” investing; it’s about a fundamental shift in how we define value. By aligning financial instruments with the goals of the circular economy, we can ensure that our economic systems are not only profitable but also resilient and regenerative for future generations.
Learn more about this study here: https://doi.org/10.3846/tede.2022.16632
Reference
Zioło, M., Bąk, I., Filipiak, B. Z., & Spoz, A. (2022). In search of a financial model for a sustainable economy. Technological and Economic Development of Economy, 28(4), 920–947