Environmental Sustainability and Sustainable Development: Insights From FinTech , Green Finance, and Natural Resource Dynamics in Emerging Economies

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This analysis shows Financial Technology reduces CO2 emissions in BRICS economies, indicating paths for sustainable development.

A 1% rise in natural resource rents leads to a 0.21% increase in CO2 emissions, undermining sustainability.
Financial Technology and green finance decrease emissions by 0.16% and 0.12%, enhancing environmental outcomes.
Utilizing the Cross‐Sectionally Augmented Autoregressive Distributed Lag model captures long-term impacts on sustainability.
Integration of FinTech with green finance mechanisms may accelerate low-carbon transitions in emerging economies.

Mengyu Liang (2025) studied this question.

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