气候变化领域集成服务门户(CCPortal): Nexus between green finance, environmental degradation, and sustainable development: Evidence from developing countries

CCPortal

DOI	10.1016/j.resourpol.2023.103371
	Nexus between green finance, environmental degradation, and sustainable development: Evidence from developing countries
	Hunjra, Ahmed Imran; Hassan, M. Kabir; Ben Zaied, Younes; Managi, Shunsuke
发表日期	2023
ISSN	0301-4207
EISSN	1873-7641
卷号	81
英文摘要	In this study, we aim to investigate the impact of green finance and environmental degradation on sustainable development in developing countries. We use a panel dataset for 42 developing countries for the 2000-2020 period employing the panel fixed effect estimation. Adjusted net savings are used to measure sustainable development, green credit, green securities, and green investments are applied as proxies for green finance, and carbon (CO2) emissions are used to indicate environmental degradation. The analysis reveals that green finance has a positive and significant impact, whereas environmental degradation exerts a negative and significant impact on sustainable development in developing countries. Further, we find the same outcomes by employing the system-generalized method of moments estimation, confirming the robustness of our results. Our study has implications for regulators and policymakers seeking to achieve sustainable development in developing coun-tries. Our findings will be useful for designing policies related to green financing and investment in developing nations.
英文关键词	Sustainable development; Green finance; Developing countries; Environmental degradation; Panel data
语种	英语
WOS研究方向	Environmental Studies
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000991515900001
来源期刊	RESOURCES POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281396
作者单位	Universite Internationale de Rabat; University of Louisiana System; University of New Orleans; Kyushu University
推荐引用方式 GB/T 7714	Hunjra, Ahmed Imran,Hassan, M. Kabir,Ben Zaied, Younes,et al. Nexus between green finance, environmental degradation, and sustainable development: Evidence from developing countries[J],2023,81.
APA	Hunjra, Ahmed Imran,Hassan, M. Kabir,Ben Zaied, Younes,&Managi, Shunsuke.(2023).Nexus between green finance, environmental degradation, and sustainable development: Evidence from developing countries.RESOURCES POLICY,81.
MLA	Hunjra, Ahmed Imran,et al."Nexus between green finance, environmental degradation, and sustainable development: Evidence from developing countries".RESOURCES POLICY 81(2023).