The role of green digital investments in promoting sustainable development goals and green energy consumption

The study investigates how digitalization in the financial sector, implementing innovative technologies and green finance solutions, leads to achieving sustainable development goals in general and environmental sustainability that promotes the transition to green energy in particular. The study resu...

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Main Authors: Inese Mavlutova, Aivars Spilbergs, Inna Romanova, Jekaterina Kuzmina, Andris Fomins, Atis Verdenhofs, Andris Natrins
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2199853125000538
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author Inese Mavlutova
Aivars Spilbergs
Inna Romanova
Jekaterina Kuzmina
Andris Fomins
Atis Verdenhofs
Andris Natrins
author_facet Inese Mavlutova
Aivars Spilbergs
Inna Romanova
Jekaterina Kuzmina
Andris Fomins
Atis Verdenhofs
Andris Natrins
author_sort Inese Mavlutova
collection DOAJ
description The study investigates how digitalization in the financial sector, implementing innovative technologies and green finance solutions, leads to achieving sustainable development goals in general and environmental sustainability that promotes the transition to green energy in particular. The study results will increase the knowledge of digital financial technologies, open IC technology innovations and green finance in achieving sustainable development goals (SDGs). The authors examined issues related to digital technologies and green finance and their impact on CO2 emissions and green energy consumption in European countries: an extensive literature review of publications on green finance, technologies, innovation and green energy was carried out. Tested hypotheses revealed a statistically significant impact of green digital finance investments on primary energy consumption from renewable sources increase and the carbon intensity of electricity generation downfall due to digitalization and climate bonds.
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issn 2199-8531
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publishDate 2025-06-01
publisher Elsevier
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series Journal of Open Innovation: Technology, Market and Complexity
spelling doaj-art-e25725fba2dc4bd4b255f7e9a89e5bda2025-08-20T02:07:17ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312025-06-0111210051810.1016/j.joitmc.2025.100518The role of green digital investments in promoting sustainable development goals and green energy consumptionInese Mavlutova0Aivars Spilbergs1Inna Romanova2Jekaterina Kuzmina3Andris Fomins4Atis Verdenhofs5Andris Natrins6BA School of Business and Finance, K. Valdemāra street, Riga 161, Latvia; Corresponding author.BA School of Business and Finance, K. Valdemāra street, Riga 161, LatviaUniversity of Latvia, Faculty of Economics and Social Sciences, Aspazijas boulevard 4, Riga, LatviaBA School of Business and Finance, K. Valdemāra street, Riga 161, LatviaBA School of Business and Finance, K. Valdemāra street, Riga 161, LatviaBA School of Business and Finance, K. Valdemāra street, Riga 161, LatviaBA School of Business and Finance, K. Valdemāra street, Riga 161, LatviaThe study investigates how digitalization in the financial sector, implementing innovative technologies and green finance solutions, leads to achieving sustainable development goals in general and environmental sustainability that promotes the transition to green energy in particular. The study results will increase the knowledge of digital financial technologies, open IC technology innovations and green finance in achieving sustainable development goals (SDGs). The authors examined issues related to digital technologies and green finance and their impact on CO2 emissions and green energy consumption in European countries: an extensive literature review of publications on green finance, technologies, innovation and green energy was carried out. Tested hypotheses revealed a statistically significant impact of green digital finance investments on primary energy consumption from renewable sources increase and the carbon intensity of electricity generation downfall due to digitalization and climate bonds.http://www.sciencedirect.com/science/article/pii/S2199853125000538DigitalizationGreen digital investmentsSDGsCarbon emissionsGreen energy consumption
spellingShingle Inese Mavlutova
Aivars Spilbergs
Inna Romanova
Jekaterina Kuzmina
Andris Fomins
Atis Verdenhofs
Andris Natrins
The role of green digital investments in promoting sustainable development goals and green energy consumption
Journal of Open Innovation: Technology, Market and Complexity
Digitalization
Green digital investments
SDGs
Carbon emissions
Green energy consumption
title The role of green digital investments in promoting sustainable development goals and green energy consumption
title_full The role of green digital investments in promoting sustainable development goals and green energy consumption
title_fullStr The role of green digital investments in promoting sustainable development goals and green energy consumption
title_full_unstemmed The role of green digital investments in promoting sustainable development goals and green energy consumption
title_short The role of green digital investments in promoting sustainable development goals and green energy consumption
title_sort role of green digital investments in promoting sustainable development goals and green energy consumption
topic Digitalization
Green digital investments
SDGs
Carbon emissions
Green energy consumption
url http://www.sciencedirect.com/science/article/pii/S2199853125000538
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