Proceeding Papers (BASIQ International Conference) (Jun 2023)

Sustainable Financing in the Context of Global Crisis and Digital Transformations

  • Ghenadie Ciobanu,
  • Luminita Nicoleta Popescu (Groaznicu),
  • Dragos Raducanu,
  • Carol Cristina Gombos

DOI
https://doi.org/10.24818/BAS9Q/2023/09/019

Abstract

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In the current conditions, we are facing multiple crises both at the global level and at the level of countries, development regions and local level. At the same time, we are also facing economic and technological changes and digital transformations. At all levels of development, sustainability processes need to be supported financially, with investments, with technologies. In this sense, the financing and investment mechanisms are diverse and very complex. In this article, we have proposed to review the sustainability financing approach at the international level with a review of the sustainability approach at the level of the banking system and bank management. We approached the experience of banks' involvement in sustainable activity, the involvement of banks in sustainable development activity considering the priorities of sustainable development at the European level, the existing objectives, financing and investment needs. We proposed to approach the development of sustainable financing with methodological support in order to build the entropic model realized through the entropic logic of the managerial system.