推动新兴经济体的环境可持续性:绿色金融、外国直接投资、金融发展和绿色技术创新的关系

IF 4.8 Q1 BUSINESS Business Strategy and Development Pub Date : 2024-09-30 DOI:10.1002/bsd2.70008
Ravita Kharb, Neha Saini, Dinesh Kumar
{"title":"推动新兴经济体的环境可持续性:绿色金融、外国直接投资、金融发展和绿色技术创新的关系","authors":"Ravita Kharb,&nbsp;Neha Saini,&nbsp;Dinesh Kumar","doi":"10.1002/bsd2.70008","DOIUrl":null,"url":null,"abstract":"<p>The relevance of environmental sustainability has grown significantly among academics, professionals, and the general public. A variety of factors influence an economy's ability to support its environmental sustainability. Foreign direct investment (FDI), financial development (FD), green technological innovation (GTI), and green finance (GF) are pillars that hold the key to accomplishing sustainability goals. Despite extensive studies on the factors influencing green finance, there remains a gap in grasping the impact of green finance and various investment factors on environmental sustainability. The study's objective is to analyze the relationship between ecological sustainability, green financing, FDI, innovative green technologies, and FD in developing countries. The study employed a fixed effect and random effect model with robustness analysis to gain an empirical understanding of the relationship. The findings highlighted that green finance plays a crucial role in green technologies and encourages economies to embrace sustainability. It also supports the pollution haven hypothesis (PHH) and the understanding that an increase in FDI has a positive relationship with carbon emission. The study makes a significant novel contribution by analyzing the combined influence of financial and green technological development on environmental sustainability. The numerous theoretical and practical implications for addressing the constraints posed by the PHH include tightening domestic legislation, developing international cooperation, and pushing the adoption of cleaner technology throughout industries. It helps governments enact effective environmental regulations to encourage green investment and technological innovation to have a beneficial knock-on effect on cutting ecological sustainability.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":4.8000,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Driving environmental sustainability in emerging economies: The nexus of green finance, foreign direct investment, financial development, and green technology innovation\",\"authors\":\"Ravita Kharb,&nbsp;Neha Saini,&nbsp;Dinesh Kumar\",\"doi\":\"10.1002/bsd2.70008\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>The relevance of environmental sustainability has grown significantly among academics, professionals, and the general public. A variety of factors influence an economy's ability to support its environmental sustainability. Foreign direct investment (FDI), financial development (FD), green technological innovation (GTI), and green finance (GF) are pillars that hold the key to accomplishing sustainability goals. Despite extensive studies on the factors influencing green finance, there remains a gap in grasping the impact of green finance and various investment factors on environmental sustainability. The study's objective is to analyze the relationship between ecological sustainability, green financing, FDI, innovative green technologies, and FD in developing countries. The study employed a fixed effect and random effect model with robustness analysis to gain an empirical understanding of the relationship. The findings highlighted that green finance plays a crucial role in green technologies and encourages economies to embrace sustainability. It also supports the pollution haven hypothesis (PHH) and the understanding that an increase in FDI has a positive relationship with carbon emission. The study makes a significant novel contribution by analyzing the combined influence of financial and green technological development on environmental sustainability. The numerous theoretical and practical implications for addressing the constraints posed by the PHH include tightening domestic legislation, developing international cooperation, and pushing the adoption of cleaner technology throughout industries. It helps governments enact effective environmental regulations to encourage green investment and technological innovation to have a beneficial knock-on effect on cutting ecological sustainability.</p>\",\"PeriodicalId\":36531,\"journal\":{\"name\":\"Business Strategy and Development\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2024-09-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Business Strategy and Development\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/bsd2.70008\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business Strategy and Development","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/bsd2.70008","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0

摘要

环境可持续性在学术界、专业人士和普通公众中的相关性已大大提高。一个经济体支持其环境可持续性的能力受到多种因素的影响。外国直接投资(FDI)、金融发展(FD)、绿色技术创新(GTI)和绿色金融(GF)是实现可持续发展目标的关键支柱。尽管对影响绿色金融的因素进行了广泛研究,但在把握绿色金融和各种投资因素对环境可持续性的影响方面仍存在差距。本研究旨在分析发展中国家的生态可持续性、绿色融资、外国直接投资、创新绿色技术和可持续发展之间的关系。研究采用了固定效应和随机效应模型,并进行了稳健性分析,以获得对这一关系的实证理解。研究结果表明,绿色金融在绿色技术方面发挥着至关重要的作用,并鼓励经济体拥抱可持续性。研究还支持污染天堂假说(PHH)以及外国直接投资的增加与碳排放之间存在正相关关系的认识。本研究通过分析金融和绿色技术发展对环境可持续性的综合影响,做出了重要的新贡献。该研究对解决 PHH 带来的制约因素具有诸多理论和实践意义,包括加强国内立法、开展国际合作以及推动各行业采用清洁技术。它有助于政府制定有效的环境法规,鼓励绿色投资和技术创新,从而对削减生态可持续性产生有益的连锁反应。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
Driving environmental sustainability in emerging economies: The nexus of green finance, foreign direct investment, financial development, and green technology innovation

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

求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
Business Strategy and Development
Business Strategy and Development Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
5.80
自引率
6.70%
发文量
33
期刊最新文献
Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets Corporate sustainability commitment in the Middle East and North Africa region: Impact on innovation and firm performance Beyond aroma: A sustainability performance analysis of Italian coffee roasting companies ESG risk, CEO education and gender: Evidence from Southeast Asia Beyond financials: Examining the impact of customer focus, internal processes, and learning & growth on the sustainable performance of commercial banks—Moderating role of management commitment
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1