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Role of banking sector in green economic growth: empirical evidence from South Asian economies
Economic Change and Restructuring ; 2023.
Article in English | Web of Science | ID: covidwho-20238668
ABSTRACT
The COVID-19 pandemic has slowed progress to the achievement of net-zero and sustainability goals. In particular, emerging economies may benefit greatly from the cooperation of banking institutions in promoting green recovery. This study focusses on banking institutions in South Asian countries that boost the intermediary financial spread, according to a thorough sample of banks from 2011 to 2021. The analysis employs the data envelopment analysis method, and the results are robust. In addition to these characteristics, we also consider aspects such as urbanisation, industrialisation, and population expansion. Banks may play a significant role in facilitating the realisation of environmental targets because of the clear advantages of the results, which provide comfort for green recovery. As green financing may lead to more efficient and robust financial systems, the results provide strong evidence for policymakers, financial institutions, and the financial sector.
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Full text: Available Collection: Databases of international organizations Database: Web of Science Language: English Journal: Economic Change and Restructuring Year: 2023 Document Type: Article

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Full text: Available Collection: Databases of international organizations Database: Web of Science Language: English Journal: Economic Change and Restructuring Year: 2023 Document Type: Article