November 28, 2025SustainabilityOpen Access

Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development

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BJBartosz Jóźwik SSSevgi Sümerli Sarıgül MDMesut Dogan

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Implication

Empirical evidence explores relationships between green finance and ecological footprint, suggesting green growth may mitigate environmental degradation.

Key Points

Green growth and financial globalization significantly impact the ecological footprint, implying the need for eco-friendly policies.
Panel data analysis from 1994 to 2020 reveals a bidirectional relationship, indicating the importance of green finance.
Advanced econometric techniques confirm cointegration exists among green finance variables and ecological outcomes.
Promoting sustainable growth strategies could support environmental objectives while mitigating negative impacts from economic growth.

Cite This Study

Jóźwik et al. (2025) studied this question.

synapsesocial.com/papers/6928f12ea65b730b9ea7a7b9 https://doi.org/10.3390/su172310509

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Implication

Empirical evidence explores relationships between green finance and ecological footprint, suggesting green growth may mitigate environmental degradation.

Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development

Discussion

Member takes

Implication

Key Points

Cite This Study

Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development

Discussion

Member takes

Implication

Key Points

Cite This Study

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