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Scientific Article details

Title Unveiling the relationship of ESG, fintech, green finance, innovation and sustainability: case of Gulf countries
ID_Doc 30955
Authors Khalil, RG; Damrah, S; Bajaher, M; Shawtari, FA
Title Unveiling the relationship of ESG, fintech, green finance, innovation and sustainability: case of Gulf countries
Year 2023
Published Environmental Science And Pollution Research, 30, 54
DOI 10.1007/s11356-023-30584-8
Abstract Technological advancement and innovations not only transformed businesses but also optimize numerous functional areas of financial services. Besides, green finance and fintech are also essential tools to achieve sustainable development agendas. Thus, it is imperative to document the evidence that how conducive such factors are to achieve 2030 sustainable development goals. The study, in this regard, is aimed to scrutinize innovation, green finance, financial technologies, and ESG factors altogether in order to determine their effectiveness on sustainable development in Gulf countries in the time span of 2000-2020. The study opts for methods of moments quantile regression (MMQR) and claim that green finance, green innovation, and fintech helps in achieving sustainable development goals. However, among ESG factors, social and governance role is negative in the sampled economies. Findings are interesting for policy makers and government institutions because it assists them to improve governance evaluation system and classification standards so that countries may no longer experience hindrance when indulging in sustainable development actions.
Author Keywords ESG; Green finance; Green innovations; Financial technologies; Gulf countries
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001096959800002
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
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