The official wording is: "To ensure healthy lives and promote well-being for all at all ages".Š This goal aims to achieve universal health coverage and equitable access to 4 UNDP website
Research Questions TT n
This study investigates the influence of Fintech on the advancement of sustainable development goals (SDGs) and offers policy recommendations to enhance its positive effects By exploring how Fintech can drive progress towards these goals, the research aims to identify strategies that can maximize its benefits for sustainable development.
Research SCOD€ - - G5 Họ Họ re 14 1.5 Research Contribution 77 e
e Scope of time: 2000 - 2022. e Scope of space: 180 countries e Scope of content: the impact of Fintech on the progress towards achieving the sustainable development goals.
This thesis aims to contribute in two main aspects.
This research systematically explores the concepts and characteristics of sustainable development and its goals, while also offering an overview of fintech and its significant impact on achieving these sustainable development objectives.
This research offers empirical evidence demonstrating the positive impact of Fintech on advancing sustainable development goals through quantitative analysis Additionally, it examines the effects of Fintech on specific sustainable development goals Consequently, the study proposes recommendations and solutions to enhance the effective implementation of Fintech in achieving these goals.
Structure of the thesis eee ec 5 5 5 1 3 9199191201 TH TH HH HH HH HH TT ch ni 14
The remainder of this thesis consists of four chapters as follows: Chapter 2 introduces theoretical basis and some related literature, Chapter 3 presents the method and
14 data Next, Chapter 4 discusses the empirical results and finally Chapter 5 concludes and proposes some policy implications.
THEORETICAL BASIS AND LITERATURE REVIEW e ô<< 16 2.1 Theoretical BaSIS - - c1 vn 1H11 111 11H TH TH HH HT HH re 16 2.1.1 Sustainable development - 6 5 2E E1 1991191 1231 91191 91111 1v nh ng ng rệt 16 2.1.1.1 The history of sustainable development . 5 << + +++ + kE+sekseeseeerssee 16 2.1.1.2 The definition of sustainable deveẽopImeIn( 5+ s+ + *++sexseexeeersees 16 2.1.1.3 The dimension of sustainable deveẽopImenn( . - 5 +5 <<+++k+seekssereeeeesee 18 2.1.2 Sustainable development goals - - +11 E999 9 9v ng ng ng nến 19 2.1.2.1 The definition of sustainable development ỉOaès - 5+5 + ++s sex 19 2.1.2.2 The content and classification of sustainable development goals
2.1.1.1 The history of sustainable development
Sustainable development has emerged as a critical economic focus globally over recent decades, particularly highlighted by the 1992 United Nations Earth Summit in Rio de Janeiro, which brought the concept to the forefront of international policy as a pressing global issue.
Sustainable development has its roots in concepts dating back to the early 1970s, with significant origins linked to sustainable forest management practices established in Europe during the 17th and 18th centuries.
The concept of sustainable development emerged in early 20th-century studies that highlighted the need to limit the Western development model Evidence of the negative environmental impacts of the green revolution in agriculture, along with industrial pollution cases like Minamata disease and the Seveso disaster, has underscored the risks associated with prioritizing economic growth as a global development strategy.
2.1.1.2 The definition of sustainable development
The concept of sustainable development has roots in the early 17th century, but it was formally defined in 1976 and gained prominence with the 1987 report “Our Common Future” by the World Commission on Environment and Development This report introduced a widely accepted definition: “Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs” (Brundtland, 1987) This definition highlights the essential balance between current needs and the well-being of future generations.
Future consumption must prioritize resource conservation to maintain consumption potential for generations to come The 1992 Earth Summit on Environment and Development in Rio de Janeiro underscored this principle, highlighting the importance of efficient natural resource use and the necessity of safeguarding a sustainable living environment for humanity throughout the development process.
The concept of sustainable development has emerged as a key reference in environmental scientific studies and is recognized as a new development paradigm (Alvarado-Herrera et al., 2017; Gore, 2015) The definition provided by the World Commission on Environment and Development in 1987 has been integrated into international treaties and the constitutions of numerous countries (Luke, 2005; Cliffs, 2005) This definition is widely applied across various sectors, including business (Amran et al., 2015), agricultural production (Gouda et al., 2018), industry (Lambert and Boons, 2002), and urban development (Shcherbina et al., 2017).
The definition of sustainable development remains controversial among scholars, with Naredo (2004) suggesting its success stems from its inherent ambiguity, while Redcliff (1993) argues it lacks clarity regarding the specific resources to be maintained This concern is echoed by Villanueva (1997), and Bergh (1996) contributes to the discussion by identifying and analyzing these differing perspectives.
Sustainable development is defined through various theoretical perspectives, emphasizing the importance of integrating physical laws of nature, such as thermodynamics, as highlighted by Onisto (1999) Subsequent research has delved into the multidimensional aspects of sustainable development and their interactions, as noted by Daly (1990) Additionally, Jabareen (2008) asserts that sustainable development is a multidisciplinary concept, encompassing knowledge from various fields, including natural capital, equity, ecological integrity, integrative management, global political agendas, and utopian ideals.
The concepts of sustainable development and sustainability are often mistakenly used interchangeably, despite significant differences (Sartori et al., 2014; Olawumi and Chan, 2018) Critics argue that sustainable development is inherently contradictory, as it seeks to reconcile unlimited economic growth with the finite nature of our planet (Redclift, 2005; Sachs, 1999), exposing inherent conflicts within its objectives (Spaiser et al., 2017) Since the 1990s, scholars like Naredo (2004) have emphasized the importance of viewing sustainability as a distinct concept relevant to modern environmental strategies (Kothari et al., 2014) This ongoing debate highlights the necessity for further research to clarify the meanings and implications of both terms (Whyte and Lamberton, 2020).
The United Nations has clarified the multifaceted concept of sustainable development by establishing specific Sustainable Development Goals (SDGs) aimed at guiding efforts to achieve sustainability.
In 2015, the United Nations adopted the 2030 Agenda for Sustainable Development, establishing a shared vision for achieving peace and prosperity for both people and the planet Unlike the previous Millennium Development Goals (MDGs), the Sustainable Development Goals (SDGs) are universal and encompass a comprehensive approach, focusing on three essential pillars: economy, environment, and society.
17 global goals to bring peace and prosperity to the world's population and the Earth.
2.1.1.3 The dimension of sustainable development
Sustainable development encompasses a multifaceted approach that integrates economic growth, social progress, and environmental protection The 2002 World Summit on Sustainable Development in Johannesburg highlighted the importance of balancing these three pillars to achieve a harmonious and reasonable development process Key objectives include fostering economic development, promoting social justice, reducing poverty, and creating jobs while ensuring the protection of the environment.
18 overcoming pollution, restoring and improving environmental quality; preventing fire and deforestation; rational exploitation and economical use of natural resources).
O'Connor (2006) introduces a quadrilateral model known as the "four pillars" of sustainable development, which encompass Economy, Society, Nature/Environment, and Political aspects Building on this framework, Mayer (2008) presents a multidimensional assessment of sustainable development, incorporating economic, technological, ecological, and legal/social dimensions within a four-dimensional coordinate system Achieving a balanced trajectory among these dimensions is essential for realizing sustainable development.
Sustainable development is a multifaceted process that hinges on the harmonious integration of three key pillars: economy, society, and environment This approach emphasizes the necessity for sustainable economic growth, a prosperous and equitable society, diverse cultural expression, a clean environment, and the responsible management of resources Achieving sustainable development requires the simultaneous promotion of each pillar, highlighting that the interconnection of economic, social, and environmental aspects is essential for long-term sustainability.
2.1.2.1 The definition of sustainable development goals
The Sustainable Development Goals (SDGs), established by the United Nations in 2015, serve as a universal framework aimed at eradicating poverty, safeguarding the planet, and ensuring peace and prosperity for all by 2030 These Global Goals emphasize the importance of collective action among nations and global citizens, highlighting that collaboration across borders, disciplines, and communities is essential for achieving a better world.
The SDGs emphasize the interconnectedness of environmental, social and economic aspects of sustainable development by placing sustainability at the center (Schleicher et