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Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:50:38am WEST

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Daily Overview

Session

Egg-Timer: Environmental Policy and Sustainability
Location: D-107
Session Chair: Akash Kumar Biswal, Indian Institute of Science Education and Research Bhopal, India

Presentation 6

Green Finance as a Catalyst of Sustainable Economic Growth in South Asia: An Empirical Analysis

Jaishree ‎, Satyanarayana Murthy Dogga

Central University of Rajasthan, India

This study investigates the impact of green finance on sustainable economic growth in eight South Asian countries from 2002 to 2022. A Sustainable Economic Growth Index (SEGI) is developed using Principal Component Analysis (PCA), incorporating economic structure, economic efficiency, and environmental quality indicators. The relationship between green finance and sustainable economic growth is analysed using a Panel Autoregressive Distributed Lag (Panel-ARDL) framework, with additional controls such as economic growth, carbon emissions, renewable energy consumption, urbanisation, trade openness, political stability, and institutional quality. The results show that green finance has a significant positive effect on sustainable economic growth in both the long and short run. Dumitrescu–Hurlin causality tests reveal a bidirectional causal relationship between green finance and sustainable economic growth. Robustness checks using DOLS and FMOLS confirm the stability of the findings. The study suggests that expanding green financial flows, strengthening institutions, and maintaining political stability can enhance sustainability outcomes in South Asia, while regulated trade openness may support technology transfer and broader long-term development.