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Open access Sep 2026

Financial development shapes the effects of green funding and integrated trade on carbon emissions in developing economies

This paper examines the role of integrated trade in the relationship between green funding and carbon emissions across different levels of financial sector development in 132 developing countries, over the 2004–2024 period. Using a dynamic panel dataset and the two-step System Generalized Method of Moments (System GM...

Daniel Ofori-Sasu · 0 citations
Open access Sep 2026

Fiscal policies and governance for green infrastructure development: Evidence from the ASEAN countries

This study analyzes the impact of fiscal policy on green infrastructure development in 10 Association of Southeast Asian Nations (ASEAN) countries during the period 2001–2025, using balanced panel data with 250 observations. The econometric model includes fiscal policy, green investment, environmental tax, gross domest...

L. Tam, Ngoc Phuong Tran · 0 citations
Open access 2025

The Impact of Financial Development on Carbon Emissions and Energy Consumption Patterns in OPEC Member Countries: An Econometric Analysis

Energy plays a crucial role in the economic development of countries. Achieving economic development in developing nations appears unlikely without adequate energy resources. Over recent decades, energy demand has been rising due to population growth and changes in the economic structure of nations. This growing demand...

Hossein Heidari, Salman Sotoudeh Nia Korani · 0 citations
Open access Sep 2026

Financial Development and Carbon Emissions Nexus: Assessing the Moderating Role of Institutional Quality in a Heterogeneous Global Panel

Financial development helps countries to achieve a high growth trajectory. However, its implications for environmental sustainability are rather complex. Rising carbon dioxide emissions, a byproduct associated with financial development activities, pose serious constraints on environmental sustainability. Numerous fact...

Azeez, Ameen, Sadia · 0 citations
Open access Aug 2026

GREEN FINANCE AND CARBON EMISSIONS IN EUROPEAN COUNTRIES: EVIDENCE FROM A QUANTILE APPROACH

This study examines the impact of green finance on carbon emissions in eleven European countries over the period 2003–2023, using consumption-based CO₂ emissions as the empirical proxy. To capture distributional heterogeneity beyond mean effects, the Method of Moments Quantile Regression (MMQR) is employed, while boots...

P. Tran, Sang The Bui, Tam Chi Trinh · 0 citations
Open access Sep 2026

Environmental protection expenditure, digital government, and EU membership: Cross-country panel evidence

Type of the article: Research ArticleAbstractEnvironmental protection accounts for a small share of public budgets, which makes its determinants a practical policy question. Digital administration is expected to improve public resource allocation, and environmental protection is an information-intensive function where...

Nora Ayvazyan, L. Zakharkina, Alina Danileviča et al. · 0 citations

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