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Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa

Aassouli, Dalal and Asutay, Mehmet and Mohieldin, Mahmoud and Nwokike, Tochukwu Chiara (2018) 'Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa.', Working Paper. World Bank Group, Washington D.C..

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.

Item Type:Monograph (Working Paper)
Full text:(VoR) Version of Record
Available under License - Creative Commons Attribution.
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Status:Peer-reviewed
Publisher Web site:https://openknowledge.worldbank.org/handle/10986/31082
Publisher statement:This working paper has been published under a CC BY 3.0 IGO public license: https://creativecommons.org/licenses/by/3.0/igo/
Date accepted:No date available
Date deposited:16 January 2019
Date of first online publication:18 December 2018
Date first made open access:19 December 2022

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