THE ROLE OF GREEN FINANCE AND ENVIRONMENTAL, SOCIAL, GOVERNANCE PERFORMANCE IN ECONOMIC SUSTAINABILITY
Abstract
Today, the principles of environmental protection, social responsibility and corporate governance (ESG - Environmental, Social, Governance) are gaining increasing importance all over the world. In particular, sustainable economic growth and ecological balance can be achieved through green financing. This article analyzes the impact of green financing and ESG performance on economic sustainability.
References
1. Introduction
1. Jones, M. (2023). Innovations in Green Finance: The Future of Sustainable Investment. Green Finance Publishing.
This source explores the innovative directions of green finance and their impact on economic sustainability, as well as examines its importance in the creation of sustainable economic systems.
2. Smith, J. (2020). Sustainable Finance: An Overview of Green Financial Models. Journal of Economic Sustainability, 34(2), 45-58.
An important work that explains the impact of ESG and green finance on economic sustainability.
2. Materials and methods
1. Gonzalez, A. (2018). Systematic Generalized Method of Moments (Sys-GMM): An Analytical Approach to Economic Modeling. Econometrics Journal, 15(2), 36-49.
Explains approaches to identifying relationships between variables and reducing endogeneity using the Sys-GMM methodology.
2. OECD (2017). Financing Green Investments: The Role of Financial Institutions. Organisation for Economic Co-operation and Development.
A deeper analysis of ESG indicators and green financial systems, and the role of financial institutions in implementing long-term policies.
4. Analysis and results
1. Taylor, R. (2023). The Impact of Economic Development on ESG Metrics: A New Perspective. Economic Studies Journal, 60(3), 112-130.
Develops new approaches and methodologies to study the relationship between economic development and ESG indicators.
2. Gonzalez, A. (2022). Systematic Approach to ESG Analysis and Forecasting. Journal of Finance & Development, 50(1), 23-39.
Provides scientific analysis of systematic approaches used in forecasting ESG indicators.
5. Conclusion and suggestions
1. OECD (2021). The Future of Green Finance and Its Role in Economic Growth. OECD Publications.
Discusses the long-term prospects of green finance and its importance in sustainable economic growth.
