[Research Contribution] The impact of financial development, green finance, and foreign direct investment on CO2 emissions in developing countries

Economic growth, attracting FDI, and environmental protection: Is it possible to achieve all three? In order to solve this difficult problem in developing countries, a group of UEH students conducted a study titled "The impact of financial development, green finance, and foreign direct investment on CO2 emissions in developing countries" Analyzing data from 47 countries during the period 2005 - 2019, the study clearly illustrated how financial flows are putting pressure on the environment, while also pointing out the "escape route" called green finance.