ALTERNATIVE FINANCE AND SUSTAINABLE DEVELOPMENT

Authors

DOI:

https://doi.org/10.29015/cerem.511

Keywords:

alternative finance, sustainable development

Abstract

Objective: The aim of this article is to evaluate alternative finance for the implementation of the basic assumptions and goals of sustainable development.

Methodology: Using the comparative analysis the most frequent mentioned forms of alternative finance have been assessed. The analysis took into account both the assumptions and the basic goals of sustainable development.

Results: The conducted analysis show that despite many features that indicate the inclusion of alternative finance in philosophy of sustainable development, the implementation of the basic assumptions and goals are arbitrary. Many of the alternative forms do almost realized nothing.

Originality/Value: An juxtaposition of sources of financing with the concept of sustainable development is usually carried out when analyzing the funding opportunities for relevant initiatives. However, in this case, the assessment is concentrating on the sources of financing and implementation by them of the adopted sustainability assumptions and goals.

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Published

2018-03-15