les cahiers du mecas
Volume 21, Numéro 2, Pages 44-58
2025-12-05

Promoting Green Economic Development Through The Adoption Of Sustainable Finance Principles In Algeria - A Review Of The Islamic Development Bank’s Contributions –

Authors : Berrahi Kheir-eddine . Chib Amina Djazia .

Abstract

This article aims to highlight the contributions of the Islamic Development Bank, as an international financial institution, to address global environmental and economic challenges. It also highlights its support for the development of vital sectors such as industry, mining, agriculture, and urban transportation. In light of accelerating climate change and the depletion of natural resources, it has become imperative to direct funding towards projects that have a positive impact on the environment and society. The article focuses specifically on the group's diverse financing efforts in the areas of renewable energy, resource management, and emissions reduction, by adopting environmental, social, and governance (ESG) standards within its policies.

Keywords

Islamic Development Bank Group ; Development, ; Sustainable Finance, ; Sustainable Development