Abstract
This study examines green finance's role in sustainable economic and environmental development in the selected 26 OECD countries from 2000 to 2018. Due to the peculiarity of the macroeconomic data, we opted for autoregressive with a fixed-effect model to enable us to account for the autocorrelation and unbalance data settings. The regression analysis shows that green finance promotes sustainable economic and environmental development. Therefore, we recommend promoting green finance by facilitating a solid green financial market, green financial system, and speedy development of the green financial system in underdeveloped areas. This policies may serve as reference for achieving SDGs by 2030.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
