ANALISIS GREEN FINANCE TERHADAP PERTUMBUHAN EKONOMI
DOI:
https://doi.org/10.4590/jarsic.v2i2.25Keywords:
Consumption Energy, Green Credit, Green Finance, Economic GrowthAbstract
The concept of green finance is one of the global strategies related to social, economic and environmental crises. The purpose of this study is to determine the effect of green finance on economic recovery in several countries (Brazil, Russia, India, Indonesia, Japan and China). The method used in this research is Two Stage Least Square (TSLS) in the simultaneous equation model. The results showed that CO2 emissions have no significant effect on gross domestic product. Consumption energy, green investment, and green finance have a significant effect on gross domestic product. and green credit has a significant effect on green finance. renawble energy and gross domestic product have no significant effect on green finance.
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