articleJournal of Innovation & KnowledgeFeb 17, 2025GOLD OA

The role of green finance in attaining environmental sustainability within a country's ESG performance

AКAleksy КwilinskiOLOleksii LyulyovTPTetyana Pimonenko

Sumy State University · British Academy · +1 more institution

Indexed incrossrefdoaj

Abstract

The ongoing issues that follow climate change require the implementation of relevant strategies and instruments to accelerate countries’ efforts toward environmental sustainability. Thus, the pursuit of environmental sustainability has become a global imperative as countries increasingly adopt measures to enhance their environmental, social, and governance (ESG) performance. Moreover, an effective system of financial support is needed. This paper aims to assess the impact of green finance on the environmental dimension of ESG performance in European Union (EU) countries from 2008 to 2020. The study applies the following methods: (1) a spatial Durbin model to examine the relationship between green finance and…

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61
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FWCI
156.62
Percentile
100%
References
144
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3

Topics & keywords

Topics
Keywords
  • Sustainability
  • Business
  • Natural resource economics
  • Economics
  • Ecology
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