JIAN (Jurnal Ilmiah Administrasi Negara)
Vol. 9 No. 1 (2025): February 2025

Regulating Blockchain-Enabled Green Finance: A Comparative Analysis of Emerging vs. Developed Markets

Munir, Ayesha (Unknown)
Barrow, Aisha (Unknown)



Article Info

Publish Date
28 Feb 2025

Abstract

The potential for blockchain technology to revolutionize green finance is its capacity for enhanced transparency, efficiency, and accountability for sustainable investments. However, the adoption is hindered by the heterogeneity of regulatory frameworks for various economies. This paper undertakes comparative analysis of regulations around blockchain-facilitated green finance for emerging and developed economies. It examines the main regulatory hurdles, differences in the structure of policies, and implications for the mandates for complying with blockchain-led sustainable finance activities. Based on the analysis through the lens of European Union, United States, Indonesia, Pakistan, and UAE, this study sketches best practice and hurdles for the adoption of blockchain for the adoption of green finance. Additionally, the study reflects upon the impact of the government and financial institutions towards the adoption of blockchain for the cases of ESG investments, green bonds, and the carbon market. Suggestive policies for resolving regulatory disparities and global harmonization for the adoption of blockchain for sustainable finance are given.

Copyrights © 2025






Journal Info

Abbrev

JIAN

Publisher

Subject

Environmental Science Social Sciences

Description

Jurnal Ilmu Administrasi Negara is a journal that provides scientific information aimed at researchers, research institutions, government agencies, and stakeholders. Jurnal Ilmu Administrasi Negara publishes manuscripts that focus on research results on government policy innovation. Jurnal Ilmu ...