Building an International Regulatory and Legal Framework For Green Digital Finance

Wahid WINARTO; PARWOTO

doi:10.34625/issn.2183-2705(37)2025.ic-9

Authors

Wahid WINARTO Universitas Gadjah Mada https://orcid.org/0000-0002-0212-503X
PARWOTO https://orcid.org/0009-0002-2434-0790

DOI:

https://doi.org/10.34625/issn.2183-2705(37)2025.ic-9

Keywords:

Green digital finance, Climate change, Green finance, Sustainable development, Law, Regulation

Abstract

This paper is to discuss the evolution of the concept of green digital finance and its relationship to achieving sustainable development goals. It aims to analyze the existing regulatory and policy framework related to green digital finance and explore legal and regulatory considerations for optimizing digitalization in supporting green finance. This study aims to investigate the existing regulatory framework governing green digital finance and analyze the legal challenges that arise as the industry develops. This study qualitatively examines the development and current status of green digital finance, emphasizing its alignment with sustainable development goals (SDGs). It explores the regulatory and policy frameworks shaping green digital finance, highlighting both the opportunities and challenges introduced by technologies like blockchain, AI, big data, and IoT. The analysis also investigates the efforts of regulators and financial institutions to adapt regulations, offering insights into legal and policy measures required to leverage digital innovations for advancing green finance. Sustainable development (SDGs) through technological innovation in the financial sector provided by technologies such as blockchain, AI, machine learning, big data, and IoT in enhancing green finance initiatives. While these technologies also present challenges related to data security, consumer protection, and regulatory adaptation

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