Dalal Aassouli
Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa
Aassouli, Dalal; Asutay, Mehmet; Mohieldin, Mahmoud; Nwokike, Tochukwu Chiara
Authors
Professor Mehmet Asutay mehmet.asutay@durham.ac.uk
Professor
Mahmoud Mohieldin
Tochukwu Chiara Nwokike
Abstract
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.
Citation
Aassouli, D., Asutay, M., Mohieldin, M., & Nwokike, T. C. (2018). Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa
Working Paper Type | Working Paper |
---|---|
Online Publication Date | Dec 18, 2018 |
Publication Date | Dec 18, 2018 |
Deposit Date | Jan 11, 2019 |
Publicly Available Date | Jan 16, 2019 |
Series Title | World Bank Policy Research Working Papers |
Public URL | https://durham-repository.worktribe.com/output/1169256 |
Publisher URL | https://openknowledge.worldbank.org/handle/10986/31082 |
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http://creativecommons.org/licenses/by/4.0/
Copyright Statement
This working paper has been published under a CC BY 3.0 IGO public license: https://creativecommons.org/licenses/by/3.0/igo/
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