Leveraging FinTech for the Advancement of Circular Economy
- Title
- Leveraging FinTech for the Advancement of Circular Economy
- Creator
- Agarwa R.; Fatima M.; Malhotra A.
- Description
- During the past six decades, there has been a lot of emphasis on increasing production and fulfilling the demands of the fast-growing population. As a result, there has been unprecedented utilization and depletion of natural resources and harm to the environment. It was rightly realized by government and policymakers that there is an indispensable need to align economic development with the environment. In other words, the world needs to pursue environmentally friendly economic development. In order to achieve sustainable development, the thought leaders devised a new approach called circular economy. The circular economy focuses on reusing and recycling materials to reduce the consumption of natural resources and minimize waste creation. In recent years, financial technology commonly known as FinTech has become a significant part of commercial activities across many industries. FinTech has benefited organizations and users in terms of cost and time saving with a high degree of reliability. This article outlines the ways in which FinTech supports the cause of a circular economy. It also explores the impediments in this path. 2024 Scrivener Publishing LLC.
- Source
- Fintech for Esg and the Circular Economy, pp. 49-62.
- Date
- 2024-01-01
- Publisher
- wiley
- Subject
- challenges related to FinTech; circular economy; FinTech; FinTech in circular economy; Sustainable development
- Coverage
- Agarwa R., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Uttar Pradesh, Ghaziabad, India; Fatima M., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Uttar Pradesh, Ghaziabad, India; Malhotra A., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Uttar Pradesh, Ghaziabad, India
- Rights
- Restricted Access
- Relation
- ISBN: 978-139423403-5; 978-139423396-0
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Agarwa R.; Fatima M.; Malhotra A., “Leveraging FinTech for the Advancement of Circular Economy,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 23, 2025, https://archives.christuniversity.in/items/show/17891.