Role of green financial assets, financial technology and the green energy on the development of a green economy

A major issue for governments in the past few decades has been environmental deterioration caused by economic activity. Researchers are increasingly interested in the factors that contribute to environmental deterioration. The study aims to test the role of green bond financing on energy efficiency investment and economic growth. In this investigation, we use the ARDL estimator to investigate the relationships between the financial technology, green bonds, green stock, green supply chain and the development of green energy. The importance of green supply chain, green energy, green bonds and financial technology has been identified as major variables. According to the study’s findings, green supply chain, green finance and sustainable economic growth are all essential and positive indicators of a composite assessment of sustainable practices. Green bonds, reducing greenhouse gas emissions and green economic development all play a necessary part in green finance development.