Empowering energy transition: Green innovation, digital finance, and the path to sustainable prosperity through green finance initiatives

This study delves into the intricate relationship between financial digitization and green innovation, aiming to shed light on their dynamic interplay within a global context. Spanning from 2003 to 2020, the study encompasses 15 diverse countries, encompassing both developed and emerging economies, including Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, Turkey, the United Kingdom, and the USA. It not only explores the direct connection between financial digitization and green innovation but also takes into account various controlling factors such as economic growth, industrial value addition, research and development expenditure, and gross…