Driving environmental sustainability in emerging economies: The nexus of green finance, foreign direct investment, financial development, and green technology innovation

Business Strategy & Development, Год журнала: 2024, Номер 7(4)

Опубликована: Сен. 30, 2024

Abstract The relevance of environmental sustainability has grown significantly among academics, professionals, and the general public. A variety factors influence an economy's ability to support its sustainability. Foreign direct investment (FDI), financial development (FD), green technological innovation (GTI), finance (GF) are pillars that hold key accomplishing goals. Despite extensive studies on influencing finance, there remains a gap in grasping impact various study's objective is analyze relationship between ecological sustainability, financing, FDI, innovative technologies, FD developing countries. study employed fixed effect random model with robustness analysis gain empirical understanding relationship. findings highlighted plays crucial role technologies encourages economies embrace It also supports pollution haven hypothesis (PHH) increase FDI positive carbon emission. makes significant novel contribution by analyzing combined numerous theoretical practical implications for addressing constraints posed PHH include tightening domestic legislation, international cooperation, pushing adoption cleaner technology throughout industries. helps governments enact effective regulations encourage have beneficial knock‐on cutting

Язык: Английский

Green finance for achieving environmental sustainability in G7 countries: Effects and transmission channels

Research in International Business and Finance, Год журнала: 2024, Номер unknown, С. 102691 - 102691

Опубликована: Дек. 1, 2024

Язык: Английский