دور الابتكار المالي في تحقيق التمويل الزراعي المستدام

Abstract

Sustainable agricultural finance represents a fundamental pillar in promoting sustainable agricultural evelopment. It plays a pivotal role in meeting the needs of the agricultural sector by providing funding sources that support the transition toward environmentally and socially responsible farming practices. This is achieved through financial innovations that help mobilize appropriate funding, especially given the inability of traditional finance to integrate environmental and social considerations into agricultural investment decisions. This study aims to shed light on the role of financial innovation in achieving sustainable agricultural finance in Netherlands during the period 2013–2022. The research adopts a deductive approach using both descriptive and analytical tools to present theoretical concepts related to the topic and to analyze the role of financial innovations including various types of sustainable bonds, sustainable investment funds, sustainable banking, and crowdfunding platforms in fostering sustainable agricultural finance in the Netherlands. Furthermore, an inductive approach is employed to propose a conceptual framework for implementing sustainable agricultural finance in Algeria and assess its practical feasibility based on insights drawn from the Dutch experience. The findings of the study reveal that despite efforts to enhance the sustainability of the Dutch agricultural sector, it has faced significant challenges impeding the realization of sustainable agricultural finance. Chief among these challenges are the financial constraints imposed by Dutch banks on funding sustainable agricultural investments, resulting in a financing gap estimated at 3.02€ billion in 2017. This prompted the need to explore alternative financing solutions to bridge this gap and promote sustainable investments in the agricultural sector.Financial innovation played a key role in addressing these challenges by introducing innovative financing tools like green bonds, sustainability loans, and sustainability-linked loans. These tools helped attract the capital needed for sustainable agricultural projects, closing the financing gap, promoting environmentally and socially responsible practices, and giving farmers easier access to flexible funding options