Assessing financing models to the goals of sustainable consumption

Abstract

The interpretive, exploratory research reached conclusions from historical secondary data regarding financing models, namely interest-based and non-interest-based methods of financing with respect to the concept of sustainable consumption. The purpose of the research was to demonstrate that the way we manage our finances has an effect on the concept of sustainable consumption and its goals. The outcome of the research showed us that there is a definite linkage between the variables, especially in light of general systems theory, and concludes that the interest-based financing model is negatively aligned to the goal of sustainable consumption.