The drivers of environmental sustainability in BRICS economies: Do green finance and fintech matter?

The BRICS nations have made environmental sustainability a top priority in their policies due to concerns about the negative impact of fossil fuel reliance on the environment. Their dependence on fossil fuels, both for energy production and imports, has led to a steady increase in greenhouse gas emissions over time. However, the BRICS nations also have significant potential for renewable energy sources that can be harnessed without harming the environment. In this study, we examine how green finance (GFN) and financial technology (fintech) can contribute to the BRICS nations' goal of achieving carbon neutrality from 2000 to 2018. We also consider the influence of energy innovation, economic growth, and natural…