Financial Provision Research Articles

Quantifying international public finance provision needs for the new UN climate finance goal

Quantifying international public finance provision needs for the new UN climate finance goal

Experiences and needs of persons who have undergone limb amputation in Saki West, Oyo State, Nigeria.

Amputation is a life-changing experience involving the surgical removal of a body part. However, little is known about the experiences of persons who have undergone limb amputation in the Saki West Local Government Area (LGA), which prompted this study. An exploratory qualitative study design was used. Thirty participants were interviewed using face-to-face focus group discussions. Five sessions were conducted, with six participants in each session. Data were analysed using the thematic analysis framework of Braun and Clarke. A total of 76.3% of the participants were males and 73.3% were married. Their ages ranged from 22 and 69y, with a mean age of 48.0y and a monthly income of 20000 naira (US$12). Three major themes emerged from the study: the needs and challenges of those who have undergone amputation, coping strategies of those who have undergone amputation and recommendations by persons who have undergone amputation. The study revealed that people who have undergone amputation experienced psychological pain, such as a loss of self-worth and stigmatization from friends and loved ones. Coping strategies identified were accepting the situation and emotional support from family. Participants recommended providing financial support, empowerment programs, employment opportunities and fostering a community of amputees in the Saki West LGA. Amputees undergo psychological and psychosocial problems that can affect their health and recovery. They need emotional and financial support, rehabilitation services and provision of prostheses from family, society and the government. These services should be adequately provided in the Saki West LGA, the largest among the 10 suburban local governments in Oyo State, with numerous commercial activities and a high risk for road traffic accidents.

Is transparency furthering clarity in multilateral climate governance? The case of climate finance

AbstractDeveloping countries’ ambitious climate action hinges on the provision of climate finance from developed countries. Yet, despite decades of debate and contestation over this, substantial controversies continue to persist over whether and how much climate finance is flowing, including whether it is ‘new and additional’ to existing development assistance, whether it targets climate mitigation or adaptation, and whether it is delivered as grants or loans. In this article, we draw on a little-examined source of self-reporting by countries to shed light on these persisting climate finance controversies. Elaborate transparency arrangements have been set up under the United Nations Framework Convention on Climate Change (UNFCCC), whereby countries report on climate finance provided and received. We examine transparency reports submitted by 26 countries from 2014 to 2021 by both developed and developing countries, and international review of these reports, to ascertain the extent to which country self-reporting under the UNFCCC sheds light on the nature of climate finance flows between developed and developing countries. We find that both the reports submitted and the international review of these reports are not furthering clarity around climate finance provided and received. This is because of (a) a persisting lack of multilaterally agreed definitions of key aspects of climate finance provided, and a resulting heterogeneity of definitions used by countries to self-report; and (b) because international review of country self-reporting is subject to politically negotiated limitations. We conclude that clarity remains elusive on climate finance provided and received under the UNFCCC, a situation that seems likely to continue under the Paris Agreement’s enhanced transparency framework, due to be implemented in 2024.

FINANCIAL PROVISION OF MARKETING ACTIVITIES OF MACHINE-BUILDING ENTERPRISES FOR STRENGTHENING COMPETITIVENESS IN THE CONTEXT OF A NEW REALITY

The purpose of this article is to develop a methodological approach to evaluating all possible options for the financial provision of the marketing activities of modern machine-building enterprises under conditions of full-scale war. Thus, the new conditions of reality are characteristic specifically of Ukrainian machine-building enterprises, which become the key object of the study. As a result, within this article, the optimal forms of financial provision, both external and internal, were chosen based on evaluation results, which will allow not only to "survive" in the current conditions for Ukrainian machine-building enterprises but also to strengthen their competitiveness in the face of new challenges and threats. The identification of the most optimal forms of financial provision and the conduct of evaluations were made possible through the implementation of expert analysis, using the Delphi method. The central place in the methodology of the article is occupied by the method of hierarchical multicriteria evaluation. Its thorough substantiation has better reflected the main results of the research. The developed methodological approach is distinguished by its convenience and practical value in the conditions of the new reality, that is wartime. Another feature is the consideration of not only internal resources but also external ones. Ultimately, the proper and secure application of the defined forms of internal and external financial provision of marketing activities to change their own competitiveness was also substantiated. This, in turn, allowed forming the correct trajectory for how to evaluate one’s own financial provision options for marketing activities and how to apply them to enhance one’s competitiveness. The practical significance of the obtained results lies in substantiating recommendations for establishing the optimal form of financial provision of marketing activities for machine-building enterprises.

OPTIMIZATION OF FINANCIAL RESOURCES OF TERRITORIAL COMMUNITIES: A METHODOLOGICAL APPROACH TO RESPONDING TO MODERN RISKS IN STATE MANAGEMENT

Choosing the optimal financial provision for territorial communities is important as it allows for a more effective response to contemporary challenges in public administration. The methodological approach to this process helps communities better utilize available resources for secure development and improving the quality of life for their residents. An in-depth analysis of both scientific and practical literature reveals that the issue of financial resources for territorial communities has not been comprehensively addressed to date. Thus, the goal is to define an approach that will provide information on the most optimal forms of financial resources needed by various territorial communities under current conditions. For this, the object of study is the financial resources of individual territorial communities in Ukraine for evaluation. The scientific task is to propose and integrate such a method that will facilitate the selection of the most optimal financial resources for the territorial communities of Ukraine. For this purpose, experts were involved and appropriate pairwise comparisons were conducted. As a result, we analyzed the current financial state of Ukraine's territorial communities. We characterized the key principles of the proposed methodological approach to optimizing financial resources. We identified the most optimal types of financial resources for comparison and highlighted the most suitable among them. The practical significance of the obtained results is revealed through the possibility of applying this approach in the work of territorial communities in Ukraine. However, the research has limitations and does not take into account other resources, such as human and informational. This is noted for further research.

Strategi Pemasaran Produk Tabungan Seulanga iB pada PT Bank Aceh Syariah Capem Lhok Nibong

Sharia banks are financial institutions that conduct business activities based on the Al-Qur'an and Hadith, with their main business being the provision of financing, goods, and other services. Banks play a significant role in marketing activities. PT Bank Aceh Syariah Capem Lhok Nibong offers a range of products, such as savings, financing, and service products. These savings products are offered to meet the needs of people with a high interest in using PT Bank Aceh Syariah Capem Lhok Nibong’s products, especially the Seulanga iB Savings product. The marketing goal is to attract the public to open Seulanga iB savings accounts. The marketing strategy for Seulanga iB Savings is implemented in accordance with sharia principles, emphasizing the unique benefits of Seulanga iB Savings. Research results show that customers are interested in owning the Seulanga iB Savings product. PT Bank Aceh Syariah Lhok Nibong has been able to address existing challenges by making various efforts, including providing explanations, socializing Seulanga iB savings products effectively, and offering superior service that exceeds community expectations.

The Challenges and Opportunities of NEP-2020 in the Reference of Inclusive Education in India: An Overview

The National Education Policy (NEP) 2020 provides a transformative vision for India's education system by emphasizing inclusive education and offering equal learning opportunities for children from varied socio economic, cultural and ability backgrounds. This paper looks at the challenges and opportunities given by NEP 2020 for promoting inclusive education in India. Infrastructure deficiencies, insufficient teacher preparation, and social biases are major hurdles, but policy-driven changes, technological integration, and financial support mechanisms present potential. This report gives an overview of the challenges and opportunities for implementing inclusive education in light of NEP 2020. Poor infrastructure, a lack of specialized teacher training and entrenched social attitudes about disability and marginalization all impede progress. However, opportunities arise as a result of policy-driven efforts, growing use of information and communication technology (ICT), and financing provisions aimed at fostering more equal learning settings. The research emphasizes the need of teacher capacity building, community participation, and long-term policy commitment in overcoming these challenges and realizing NEP 2020's inclusive vision. According to the findings, successful policy implementation requires stakeholder engagement to establish a more inclusive and easier to able education system in India.

The Demographical Analysis Of Indonesian Buy-Now-Pay-Later Users Financial Wellbeing

This study aims to understand what causes financial wellbeing among Indonesian Buy-Now-Pay-Later Users in terms of demographical. A survey from 400 respondents was collected through an online questionnaire from January to June 2024 and analyzed using descriptive statistics, and continued by using Kruksal Wallis and Mann Whitney U in SPSS to test whether there is a statistically significant difference between two or more independent variables. This study is confirmed as the study demonstrates that demographic factors significantly influence financial well-being. These insights emphasize the importance of considering demographic variables when assessing financial health and tailoring financial education, policy-making, and service provision to effectively address the diverse needs of different demographic groups.

Estimating the Impact of Sectoral Output on Employment for Nigeria Economy (1981-2021)

The purpose of this research is to determine the employment effects of contributions to GDP by the main sectors in the context of Nigeria and to understand the relative importance of each sector. This study investigates the contributions of the three broad sectors of the economy to total employment over the period 1981 to 2021 using the autoregressive distributed lag (ARDL) technique. Sectoral output was proxied by agricultural GDP, industry GDP and services GDP respectively while employment was measured by total number of employed persons. The Bounds test signaled the existence of cointegrating relationships between the series at both aggregated and disaggregated levels, necessitating both short and long run analysis for the study. The best performing sector in terms of employment intensity is the agricultural sector suggesting its labour-intensive nature. The impact of growth in industrial sector on employment appears to be a case of jobless growth while the impact of increases in service sector GDP on employment appears to be more like the case of job-loss growth. The agricultural sector supports growth-led employment for Nigeria while the service sector negates it. The service and industry sectors have low labour absorption capacity as the former is technology-driven while the latter is capital-intensive. The government should as a matter of urgency improve on its provision of finance and other support services to the agricultural sector. It is also necessary to devise verifiable methods to attract the teeming young population to actively participate in the agricultural sector with a view to developing its value chain. A growing service sector and a shrinking agricultural sector can only at best perpetuate the already challenging unemployment situation in Nigeria. The government should conduct an audit of the country’s agricultural sector for an in-depth understanding of the needs and then prioritise these needs in public expenditure allocations while ensuring that targeted funds get to those who are active farmers.

Effect of Organization Capabilities on the Growth of Fintech Providers in Kenya

Purpose: The Fintech industry has become a central service sector that has revolutionized financial services provision and fostered financial inclusion. However, the revolutionary nature of the various Fintech firms has resulted in their operations being unclear as their conduct in the market remains unsupervised. Further the Fintechs fail in diversifying their products and services thus limiting their growth within the country. This research sought to establish the effect of organization capabilities on the business growth of fintech providers in Kenya. The specific objectives of the research sought to establish the effect of resource capabilities, marketing capabilities, leadership capabilities and technological capabilities on the business growth of fintech providers in Kenya. The survey was grounded on the dynamic capabilities theory. Methodology: The study used a descriptive cross-section research design with study population drawn from the association of Fintech providers in Kenya. There are a total of 63 firms that was considered in the study with the three senior managers from each of the firm considered as the respondent. The research utilized random sampling in selecting the 189 participant. Data collection was carried out using a structured questionnaire with drop and pick method applied in the study. The research data was analyzed using descriptive, correlation and regression analysis. Findings: The study established that there is a statistically significant relationship between organization capabilities and the business growth of fintech providers in Kenya (R2 = .487, Sig = .000). The findings of the first objective revealed that there was a positive and significant effect of resource capabilities on business growth of fintech providers in Kenya (coefficient β1 = .448, sig = .000<.05). Analysis of the second objective revealed that there was a positive and significant effect of marketing capabilities on business growth (β2 = .049, sig = .001<.05). The results of the third objective revealed that there was a positive and significant effect of leadership capabilities on business growth (β3 = .139, sig = .004<.05). Regression for the fourth variable showed that there was no significant effect of technological capabilities on business growth of Fintech Providers (β4 = .007, sig = .1936>.05). Unique Contribution to Theory, Practice and Policy: Based on the conclusions, the study recommends that the government should develop and maintain robust technology infrastructure that enables fintech providers to innovate and integrate advanced technologies. The study also recommends that fintech firms should continue to encourage open feedback and communication to build strong, collaborative teams. The study further recommends that firms should enhance social media marketing efforts to broaden market reach and engage with potential customers by investing in digital marketing tools.

Problematic aspects of covering costs related to insolvency proceedings

The article is dedicated to examining the problematic aspects that arise in practice concerning the formation, execution, and reimbursement of costs associated with insolvency proceedings for small and medium­sized enterprises and developing proposals to address these issues. Special attention is given to the analysis of the current insolvency legislation in Ukraine, identifying its shortcomings in regulating the composition of expenses in bankruptcy cases, the mechanisms for covering these costs, and the determination oftheirfunding sources. The authors argue that the feasibility of applying bankruptcy procedures, an objective assessment of their effectiveness, and the independence of insolvency practitioners largely depend on the provision of adequate financing for the costs associated with insolvency proceedings. The article highlights the specifics of applying bankruptcy procedures in situations where the debtor lacks sufficient assets to cover the expenses associated with the proceedings. The author proposes the introduction of a new simplified liquidation procedure that provides for minimal implementation timelines and reduced costs. Such a procedure has the potential to significantly alleviate the financial burden on debtors and simplify the process for insolvency practitioners. The relevance and necessity of urgently improving the regulatory framework governing the costs associated with insolvency proceedings are substantiated, along with the comprehensive provision of debtors with effective legal instruments to resolve their obligations in a state of insolvency. Based on the conducted research, practical recommendations have been developed for amending the insolvency legislation. These proposalsinclude standardizing thelistof expenses, improving the mechanisms for advancing costs, introducing more efficient methods for covering expenses and ensuring the timely payment of costs associated with insolvency proceedings. Thus, the article aims to contribute to the further improvement of Ukraine’s insolvency legislation, enhancing its effectiveness and ensuring greater legal certainty for all participants in the bankruptcy process.

Empowerment of Bamboo Weaving Crafts by Women Farmers Group Dana Mertha Mesari, Kayubihi Village

Bamboo woven craft artisans in Kayubihi Village, especially Banjar Bangklet-Kayang, come from mothers, especially those who work as farmers. The problems faced by partners include: 1) Bookkeeping is still done conventionally so that it is less effective and efficient; 2) Distribution and marketing of products are carried out traditionally so that the scope of the product market share is still minimal; 3) the availability of facilities and infrastructure, raw materials, and auxiliary materials has reached the end of its economic life. The solutions offered to this problem are 1) Financial Transaction Recording Training and Provision of a Digitalized Financial Recording System; 2) Provision of a Website as a Form of Marketing Strategy and Online Marketing Strategy Training; 3) Provision of Production Supporting Facilities and Infrastructure.

ОСОБЛИВОСТІ ФІНАНСОВОГО ЗАБЕЗПЕЧЕННЯ СІЛЬСЬКИХ ТЕРИТОРІАЛЬНИХ ГРОМАД В УМОВАХ СТАЛОГО РОЗВИТКУ

Financial provision of rural territorial communities in conditions of sustainable development is an important aspect of the country's economic and social development. The successful functioning and development of such communities depend on their ability to attract and effectively distribute the financial resources needed to improve infrastructure, education, health care and other vital areas. In the conditions of sustainable development, which involves a balance between economic growth, social well-being and environmental protection, the financial support of rural communities becomes especially important for the preservation of their unique natural and cultural heritage. That is why the purpose of the presented work is to determine the features of financial support of rural territorial communities in conditions of sustainable development. The methods that were used in the formation of the current study are: methods of analysis and synthesis to determine the key aspects of the development of rural territorial communities; methods of induction and deduction to determine the features of the financial provision of territories; method of comparison; logical method; graphical and tabular methods for visual display of research results. Also, as a result of the study, it was proved that the necessity of diversifying the sources of financing is a prerequisite for the financial provision of rural territorial communities. In particular, such communities should actively attract local tax revenues, state support, as well as use the opportunities of international grants and technical assistance programs. At the same time, effective management of resources aimed at the implementation of sustainable development programs, which includes energy saving, development of local businesses and support of environmental initiatives, becomes an important task. In the context of reforming the financial system in Ukraine, financial decentralization is of particular importance, which opens up new opportunities for strengthening the financial independence of rural communities, at the same time placing greater responsibility on them for the rational use of funds. Rural communities can direct the received finances to improve infrastructure, develop social services, support local entrepreneurs, as well as to environmental and energy-saving initiatives.

An analysis of optimal equilibrium in the carbon trading market - From a tripartite evolutionary game perspective

As the climate crisis intensifies, achieving the global consensus of carbon peaking and carbon neutrality has become imperative. Carbon trading is an important financial measure to address the environmental crisis, and the realization of the dual‑carbon goals requires the cooperation and joint efforts of all parties involved in the carbon emissions trading market. This study constructs a dynamic evolutionary game model involving enterprises, government, and financial institutions while considering consumers' influence. By solving for equilibrium points and conducting numerical simulations, we explore optimal strategy choices for each stakeholder. Our findings reveal that the success of enterprise low-carbon transition is contingent upon market dynamics and requires active cooperation from government, financial institutions, and the public. Furthermore, factors such as financial market efficiency and internal governance capacity significantly impact enterprises' transformation decisions by influencing low-carbon transition costs. Public feedback indirectly affects enterprise decisions through its influence on financial institutions' provision of green services. Additionally, gradual reduction of carbon quotas by government entities facilitates progress toward low-carbon transformation objectives.

Assessment of the State of Pharmacovigilance in Secondary Hospitals in the Federal Capital Territory of Nigeria, Using WHO Pharmacovigilance Indicators.

The importance of pharmacovigilance (PV) in ensuring drug safety, especially in the detection and prevention of adverse drug reactions (ADRs) is critical. However, PV activities in Nigeria still face many challenges, such as very low spontaneous reporting rates, and inadequate training and funding. This study assessed the state of pharmacovigilance in the federal capital territory of Nigeria (FCT), using WHO pharmacovigilance indicators. A cross-sectional questionnaire-based survey was carried out among secondary healthcare facilities in the FCT. The WHO Pharmacovigilance Indicators Questionnaire, which consists of the structural, process and outcome measures, was used to collect data from the focal person for pharmacovigilance at all the consenting facilities. Descriptive statistics were used to summarize all variables. Ethical approval was obtained from the Ethics Review Committee of the FCT development authority. Of the 14 secondary healthcare facilities in the FCT, 11 agreed to the study (response rate = 84.6%). Among the respondents, 4 (36.4%) were females, and 2 (18.2%) had 9 years of experience in pharmacovigilance. For the core structural indicators, 7 (63.6%) of the facilities had a pharmacovigilance center while only 4 (36.4%) had a copy of the Nigerian pharmacovigilance policy. Regarding financial provisions, 10 (90.9%) hospitals reported that there was no regular financial provision for the center while 10 (90.9%) centers had a standard adverse drug reaction reporting form. For the core process indicators, the mean ± SD of the nine core process indicators ranged from 0.9 ± 3.0 to 75.6 ± 38.6 and the total number of reports in the local database, therapeutic ineffectiveness, and medication error were limited. The assessment of pharmacovigilance activities in the Federal Capital Territory of Nigeria revealed significant gaps in infrastructure, financial support, and process implementation. Despite the presence of pharmacovigilance centers in the majority of facilities, the lack of consistent financial support and limited adherence to core process indicators highlight the need for enhanced training, resources, and policy enforcement to improve ADR reporting and overall drug safety monitoring. Strengthening these areas is crucial for advancing pharmacovigilance practices and ensuring patient safety in Nigeria.

Global Perspectives on Laterite Mining and Extraction and its Environmental Implications for Nigeria

This paper explores the economic, environmental and social aspects of laterite mining techniques in Nigeria and around the world. Tropical and subtropical climates are home to the rich iron and aluminium oxide-containing soil and rock known as laterite. The article examines the several kinds of laterite deposits found in Nigeria, such as siliceous, bauxitic and ferruginous laterites. The economic significance of laterite mining is derived from its contribution to the construction, steel, iron and aluminium sectors. But there are also serious environmental problems associated with laterite mining like soil erosion, water contamination and deforestation. The energy-intensive character of mineral processing may increase emissions of greenhouse gases. Uncontrolled mining operations have the potential to uproot communities, worsen social injustices and fuel violence. This paper highlights the weaknesses of the regulatory framework in Nigeria, including weak enforcement, inadequate community engagement and limited financial provisions for mine closure and rehabilitation, Laterite mining offers economic benefits through the provision of materials for building and road construction as well as the production of aluminium, iron and other valuable minerals. Finally, governments should implement stricter enforcement mechanisms for existing mining regulations.

Evaluating the Influence of Basel Accord on Banking Sector of Pakistan

The papers aim to investigate how Basel III affected Pakistan's entire banking sector from 2013 to 2018. The requirements and obligations of Basel III are regarded as the most efficient tools for the banking sector. When analyzing the impact of Basel III on the banking industry, three primary considerations are made: financial size, spread, and provision for non-performing loans. Relapse investigations were utilized for checking speculation. We inferred that the general pummel of Basel III on banks is enormous, yet not all banks have totally taken on Basel III. The significance of this research lies in giving important experiences into the viability of global regulatory structures in rising economies' potential. By evaluating the Basel Accord's effect on Pakistan's banking sector, this study adds to a more extensive comprehension of how worldwide guidelines can be adjusted to neighborhood settings and how they can address explicit challenges faced by banks in emerging nations. This analysis not only reveals insight into the operational and vital changes made by Pakistani banks but also gives suggestions for policymakers to upgrade regulatory practices and monetary strength. Eventually, this research aims to illuminate future regulatory changes and work on the flexibility of Pakistan's banking sector in the face of worldwide monetary uncertainties. We propose highlighting semiannually the effects of Basel on the banking industry and conducting a comparison analysis of conventional and Islamic banks.

FOREIGN PRACTICE OF MASS SPORT FUNDING

The purpose of the research is to study the foreign experience of the financial provision for mass sport and to identify possible sources of its funding using the example of Great Britain. Particular attention is paid to the problems of major sporting events financing that can attract global audience and sponsors seeking to increase the attractiveness of their brands and products. The conducted research allowed us to identify areas for attracting financial sources for sports organisations of various levels

China’s International Climate-Related Finance Provision and Mobilization for South-South Cooperation

This paper discusses the climate finance mobilized by China to support developing countries' climate actions. It examines China’s climate finance through various channels: bilateral public finance, multilateral public finance, export credits, and mobilized private finance, to estimate how much finance was provided and mobilized from 2013 to 2022.

FINANCIAL AND BUDGETARY PROVISION OF SOCIAL PROTECTION OF THE POPULATION OF UKRAINE UNDER THE CONDITIONS OF THE STATE OF MARTIAL

In the conditions of war, there is a need to improve the system of financial and budgetary provision of social protection and to develop an appropriate strategy, which will become the basis for reforming this system. The purpose of the study is to evaluate the system of financial and budgetary support for the social protection of the population of Ukraine in conditions of war and to justify the strategic tasks of the financial and budgetary policy of the state regarding its improvement. Applied methods: scientific generalization and abstraction, complex analysis, dialectical, sampling, economic and statistical. The research is based on the hypothesis that the level of coordination of the instruments of the state's financial and budgetary policy determines the country's ability to ensure the stability of the system of financial and budgetary provision of social protection, to minimize the risks of violation of human social security. Peculiarities of social support of Ukraine from the international community in conditions of war, the analysis of the system of financial and budgetary support for the social protection of the population of Ukraine is carried out, and the directions of the financial and budgetary policy of the state regarding the development of the system of financial and budgetary support for the social protection of the population are determined. It is substantiated that the development of institutional mechanisms for the management of state resources in the context of the financial and budgetary provision of social protection will contribute to ensuring the social security of people, the use of a combinatorial toolkit of financial and budgetary provision of social protection of Ukraine in the conditions of war should correspond to the priority of increasing the level of financing of the state's defence capability.