GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES
This study examines the interplay between natural resource dependence, fintech development, and fiscal policy in shaping carbon neutrality outcomes in developing economies over the period 2000 to 2023. Utilizing panel data econometric techniques, including fixed effects and dynamic panel models, th...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2025-04-01
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| Series: | Gusau Journal of Accounting and Finance |
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| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/369 |
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| _version_ | 1849228291467116544 |
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| author | Nageri Kamaldeen |
| author_facet | Nageri Kamaldeen |
| author_sort | Nageri Kamaldeen |
| collection | DOAJ |
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This study examines the interplay between natural resource dependence, fintech development, and fiscal policy in shaping carbon neutrality outcomes in developing economies over the period 2000 to 2023. Utilizing panel data econometric techniques, including fixed effects and dynamic panel models, the analysis reveals that fintech innovation significantly contributes to reducing carbon emissions by enhancing financial inclusion and promoting green investments. Conversely, excessive reliance on natural resources exacerbates environmental degradation, while prudent fiscal policies and institutional quality mitigate these adverse effects. The findings underscore the critical role of digital financial infrastructure and sound governance in advancing sustainable development and environmental stewardship. Policy recommendations advocate for targeted fintech promotion alongside resource management reforms to achieve carbon neutrality goals in emerging markets.
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| format | Article |
| id | doaj-art-528aa117292946a680f3e2d5e40201b7 |
| institution | Kabale University |
| issn | 2756-665X 2756-6897 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | Department of Accounting and Finance, Federal University Gusau |
| record_format | Article |
| series | Gusau Journal of Accounting and Finance |
| spelling | doaj-art-528aa117292946a680f3e2d5e40201b72025-08-23T05:06:47ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972025-04-016110.57233/gujaf.v6i1.06GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIESNageri Kamaldeen0Department of Accounting Science, Walter Sisulu University, Mthatha, South Africa This study examines the interplay between natural resource dependence, fintech development, and fiscal policy in shaping carbon neutrality outcomes in developing economies over the period 2000 to 2023. Utilizing panel data econometric techniques, including fixed effects and dynamic panel models, the analysis reveals that fintech innovation significantly contributes to reducing carbon emissions by enhancing financial inclusion and promoting green investments. Conversely, excessive reliance on natural resources exacerbates environmental degradation, while prudent fiscal policies and institutional quality mitigate these adverse effects. The findings underscore the critical role of digital financial infrastructure and sound governance in advancing sustainable development and environmental stewardship. Policy recommendations advocate for targeted fintech promotion alongside resource management reforms to achieve carbon neutrality goals in emerging markets. https://journals.gujaf.com.ng/index.php/gujaf/article/view/369natural resourcesfintech developmentfiscal policycarbon neutralitydeveloping economiespanel econometrics |
| spellingShingle | Nageri Kamaldeen GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES Gusau Journal of Accounting and Finance natural resources fintech development fiscal policy carbon neutrality developing economies panel econometrics |
| title | GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES |
| title_full | GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES |
| title_fullStr | GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES |
| title_full_unstemmed | GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES |
| title_short | GOVERNANCE, DIGITAL FINANCIAL INNOVATIONS, AND GREEN GROWTH: ASSESSING THE IMPACT OF FINTECH ON CARBON NEUTRALITY IN DEVELOPING COUNTRIES |
| title_sort | governance digital financial innovations and green growth assessing the impact of fintech on carbon neutrality in developing countries |
| topic | natural resources fintech development fiscal policy carbon neutrality developing economies panel econometrics |
| url | https://journals.gujaf.com.ng/index.php/gujaf/article/view/369 |
| work_keys_str_mv | AT nagerikamaldeen governancedigitalfinancialinnovationsandgreengrowthassessingtheimpactoffintechoncarbonneutralityindevelopingcountries |