Microfinance as a Catalyst for Sustainable Development: A Cross-National Comparative Study of the Environmental and Social Impacts

This cross-national comparative study utilizes linear regression analysis and panel data analysis to examine the relationship between MFIs' sustainability-focused policies and programs and their environmental and social impacts. Specifically, this study analyzes the impact of various independent variables, such as green lending initiatives, environmental risk management, and social impact programs, on dependent variables measuring environmental and social outcomes. This approach provides insights into the strategies and best practices employed by MFIs to align their operations with the Sustainable Development Goals. The findings from this study contribute to the growing body of research on the role of microfinance in promoting sustainable development.