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Examine the Level of Awareness in Green Banking Practices: Experience from Somalia

Barre, Galad Mohamed (2024) Examine the Level of Awareness in Green Banking Practices: Experience from Somalia. International Journal of Sustainable Development and Planning.

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Abstract

The main objective of this study is to understand the level of awareness and green banking
practices in Somali banks. This study focuses on the level of awareness of green banking
practices, daily operations, investments, and banking policies related to green banking in
Somalia. This study adopted a quantitative research method by using descriptive analysis. An
adopted and self-administered questionnaire was distributed to 226 Somali bank employees.
Convenience sampling was used to select the respondents and data was analyzed by employing
Statistical Package for the Social Sciences (SPSS) 23. It was found that Somali bank
employees have a poor level of awareness about green banking practices. Daily operations in
green banking, investments in green banking, and banking policies related to green banking
all showed low levels of green banking practices. As long as the majority of respondents
claimed their banks don't offer any green products, it was also discovered that Somali banks
only offer a small number of green products. The results of this study will help government
officials and bank executives in Somalia in reducing climate change risk and eventually
promoting environmental sustainability and sustainable banking practices. By raising
awareness of green banking practices in Somalia, the survey adds to the literature.

Item Type: Article
Subjects: A General Works > AC Collections. Series. Collected works
Divisions: Faculty of Management Sciences
Depositing User: Unnamed user with email crd@smiad.edu.so
Date Deposited: 20 Sep 2025 11:24
Last Modified: 20 Sep 2025 11:24
URI: https://repository.simad.edu.so/id/eprint/335

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