How Does Financial Inclusion Support a Green Economy in Asia?

English

Abstract

The purpose of this research is to investigate financial inclusion with green economy
development performance. To achieve this goal, this study uses data envelopment analysis
(DEA) to assess the productive feasibility of green and complex basic designs in increasing
green profitability. This study uses CO2 emissions as an indicator for measuring green
economy development management. The results of this research are expected to provide an
overview and suggestions on how to develop financial inclusion while maintaining
environmental sustainability. This study uses quantitative non-parametric data
envelopment analysis (DEA) methods using robust analysis. We found that economic
development does not ignore environmental sustainability. Economic development must
also be able to minimize the impact of environmental damage. Infrastructure development
surprisingly has a negative impact on green economy development as well as credit.
However, financial inclusion provides optimistic results that have the potential to drive
Green economic development in Asia. The industrial structure that is affected by green
financial inclusion also positively encourages an increase in environmentally friendly
economic growth