Green Finance and Sustainable Development: International Evidence

Authors

  • Maimoona Waheed M.Phil. Scholar, Department of Business Administration, Rawalpindi Women University, Rawalpindi, Punjab, Pakistan.
  • Shoaib Ghulam Lecturer, Faculty of Management Sciences NUML, Rawalpindi Campus, Rawalpindi, Punjab, Pakistan.
  • Rizwana Hayat Assistant Chief Manager, State bank of Pakistan BSC, Pakistan.
  • Kainat Shahid Department of Accounting and Finance, Foundation University, Islamabad, Pakistan.
  • Dr. Shahzad Hussain Assistant Professor, Department of Business Administration, Rawalpindi Women University (RWU), Rawalpindi, Punjab, Pakistan.

DOI:

https://doi.org/10.55737/trt/v-i.186

Keywords:

Green Finance, Sustainable Industrialization, Panel Data Analysis

Abstract

The research investigates the relationship between green finance and sustainable industrialization based on 268 countries from the period 2001- 2024 via statistical regression models. The findings show the positively impact of green finance on sustainable industrialization. Overall, the findings confirm that green finance is a vital tool for promoting sustainable industrialization and supporting long-term sustainable development at the global level by aligning financial resources with environmental objectives. The findings provide valuable guidance for policymakers and financial institutions seeking to advance sustainable industrial development at the global level by supporting more informed policy formulation, stronger regulatory frameworks, and better-targeted investment choices that balance economic growth with environmental sustainability.

Author Biography

  • Dr. Shahzad Hussain, Assistant Professor, Department of Business Administration, Rawalpindi Women University (RWU), Rawalpindi, Punjab, Pakistan.

    Corresponding Author: [email protected]

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Published

2026-02-16

Issue

Vol. 5 No. 1 (2026): January-February 2026

Section

Articles

License

Copyright (c) 2026 Maimoona Waheed, Shoaib Ghulam, Rizwana Hayat, Kainat Shahid, Dr. Shahzad Hussain

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Waheed, M., Ghulam, S., Hayat, R., Shahid, K., & Hussain, S. (2026). Green Finance and Sustainable Development: International Evidence. The Regional Tribune, 5(1), 71-80. https://doi.org/10.55737/trt/v-i.186