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FinTech Innovations for Climate Transition in Oman: The Role of Technology, Policy, and Disruptive Models in Sustainable Development

FinTech Innovations for Climate Transition in Oman: The Role of Technology, Policy, and Disruptive Models in Sustainable Development
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Author(s): Shanmuga Pria (University of Technology and Applied Science, Oman), Iman Al Rubaie (University of Technology and Applied Science, Oman)and Venkata vara Prasad (University of Technology and Applied Science, Oman)
Copyright: 2026
Pages: 24
Source title: Legal and Regulatory Considerations of Leveraging Sustainable Finance
Source Author(s)/Editor(s): Siraj Kariyilaparambu Kunjumuhammed (Modern College of Business and Science, Oman)
DOI: 10.4018/979-8-3373-0350-5.ch005

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Abstract

This chapter explores the evolving role of Financial Technology (FinTech) in supporting climate transition, focusing on its influence on sustainable development, environmental conservation, and socio-economic dynamics. It examines the interplay between FinTech innovations and climate goals, highlighting the opportunities and challenges in utilizing FinTech for sustainable urbanization, financial inclusion, and resource management. The chapter discusses the impact of independent variables such as FinTech development, environmental transition, research and development (R&D), and policy frameworks on the achievement of climate transition goals. The findings reveal significant correlations between FinTech indicators and environmental factors, demonstrating FinTech's potential in driving sustainable investments and mitigating environmental risks. Additionally, the chapter offers insights into aligning FinTech growth with sustainability objectives and provides recommendations for integrating FinTech into sustainability strategies.

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