2025, Vol. 6, Special Issue 2
A study on the nexus between green finance, fintech, and sustainable development
Author(s): Jyoti Jain
Abstract: Green finance and fintech are essential components of sustainable development. Given the significant investment and funding challenges facing India, the potential for green finance to address these issues remains uncertain. This study employs multiple regression analysis to explore the relationships between green finance, fintech, and sustainable development, utilizing time series data from 2015 to 2023. The findings indicate that green bonds, leading to a reduction in CO2 emissions during the review period, which in turn supports environmental protection and affirms the concept of a green economic recovery. Furthermore, the fintech industry is rapidly expanding, and advancements in fintech positively influence CO2 emissions in India. The country is poised to become a global leader in the implementation of green finance strategies. To achieve this, authorities must accelerate the progress of green recovery initiatives and enhance the capacity of banking institutions to offer green loans. Both fintech and green finance play a crucial role in advancing green economic development. Based on these insights, this study presents policy recommendations for decision-makers, which include the integration of fintech with green finance, building a sustainable environment framework for improving the efficiency of green finance, and the establishment of long-term strategies to foster green finance in the economy.
DOI: 10.22271/27084515.2025.v6.i2Sa.622
Pages: 10-14 | Views: 165 | Downloads: 35
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How to cite this article:
Jyoti Jain. A study on the nexus between green finance, fintech, and sustainable development. Asian J Manage Commerce 2025;6(2S):10-14. DOI: 10.22271/27084515.2025.v6.i2Sa.622
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