Lessons Learnt on Green Finance in Zimbabwe
| dc.contributor.author | Ngwenya, Duncan Chandabemba | |
| dc.contributor.author | Jílek, Milan | |
| dc.contributor.author | Asiedu, Emmanuel | |
| dc.contributor.author | Cudlínová, Eva | |
| dc.contributor.author | Buchtele, Roman | |
| dc.contributor.editor | Kresa, Zdeněk | |
| dc.date.accessioned | 2026-01-22T08:18:43Z | |
| dc.date.available | 2026-01-22T08:18:43Z | |
| dc.date.issued | 2025 | |
| dc.description.abstract-translated | This study examines the critical paradox of green finance adoption in emerging markets through a comprehensive survey of 312 Micro, Small, and Medium Enterprises (MSMEs) in Zimbabwe. The study reveals a significant divide between knowledge, intentions, and action, while 42.9% of MSMEs demonstrate high green finance literacy and an overwhelming 81.4% express strong future interest in green financing, only 11.9% have applied, creating a dramatic 69.5-percentage- -point intention-action gap. Using a mixed-methods approach incorporating descriptive statistics, chi-square tests, and multivariate regression analysis, the study identifies structured training as the single most powerful predictor of application behavior (p < 0.001), with trained MSMEs achieving 87.7% high knowledge rates compared to only 27.5% among non-trained entrepreneurs. Counterintuitively, neither general knowledge levels nor perceived barrier scores show significant direct relationships with adoption decisions, suggesting that conventional financial literacy models inadequately explain green finance behavior in resource constrained economies. The findings challenge existing theoretical frameworks and underscore the need for behavioral economics perspectives that account for psychological barriers, procedural complexities, and contextual constraints that are unique to developing economies. The study offers evidence-based policy recommendations for bridging this adoption gap through expanded practical training programs, simplified application mechanisms, and targeted financial products designed to convert substantial market interest into tangible green finance uptake, thereby advancing both sustainable development goals and climate resilience in developing economies. | en |
| dc.description.sponsorship | SVK1-2025-002 XB-CON, GAJU 128/2025/S | en |
| dc.format | 20 s. | cs |
| dc.format.mimetype | application/pdf | |
| dc.identifier.doi | https://doi.org/10.24132/ZCU.XB-CON.2025.88-107 | |
| dc.identifier.isbn | 978-80-261-1341-6 (print) | |
| dc.identifier.isbn | 978-80-261-1342-3 (online) | |
| dc.identifier.uri | http://hdl.handle.net/11025/64499 | |
| dc.language.iso | en | en |
| dc.publisher | University of West Bohemia in Pilsen | en |
| dc.rights | © University of West Bohemia in Pilsen | en |
| dc.rights.access | openAccess | en |
| dc.subject | zelené finance | cs |
| dc.subject | mikropodniky | cs |
| dc.subject | malé a střední podniky | cs |
| dc.subject | finanční gramotnost | cs |
| dc.subject | rozdíly v adopci | cs |
| dc.subject | Zimbabwe | cs |
| dc.subject | udržitelný rozvoj | cs |
| dc.subject.translated | green finance | en |
| dc.subject.translated | MSMEs | en |
| dc.subject.translated | financial literacy | en |
| dc.subject.translated | adoption gap | en |
| dc.subject.translated | Zimbabwe | en |
| dc.subject.translated | sustainable development | en |
| dc.title | Lessons Learnt on Green Finance in Zimbabwe | en |
| dc.type | konferenční příspěvek | cs |
| dc.type | conferenceObject | en |
| dc.type.status | Peer reviewed | en |
| dc.type.version | publishedVersion | en |
| local.files.count | 2 | * |
| local.files.size | 5277668 | * |
| local.has.files | yes | * |
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