The impact of green finance on CO2 emissions: Investigating the regulatory role of education in ASIAN countries

Abstract

To promote the economy to improve material life, most countries face many challenges such as climate change, environmental pollution, ecosystem degradation, water crisis, lack of health care infrastructure, and armed conflict in many parts of the world (Emmerij et al, 2001). To overcome the above, many countries have begun implementing new development strategies focusing on green finance because it plays an important role in helping countries achieve sustainable development goals. At the same time, it also brings many benefits to both individuals and businesses, such as encouraging technology diffusion, and developing environmentally friendly infrastructure, creating comparative advantages, and improving the economy. Recognizing the importance of economic development and the environment is demonstrated through the bridge "green finance". Therefore, in this study “The impact of green finance on CO2 emissions: Investigating the regulatory role of education in ASIAN countries”, the authors will study the impact of green finance on CO2 emissions and related factors. At the same time, examine how the role of education influences the above relationship through conducting research samples in 12 developing countries (Vietnam, Thailand, Malaysia, Philippines, Indonesia, and Iran) and developed countries (Singapore, Israel, Qatar, Japan, Kazakhstan, and Bangladesh) in the Asian region in the period 2000 - 2022 through the MMQR model with 276 observation samples and 13 different measurement variables. Through the research article, the authors hope to obtain results that clarify the impact of measured variables on each other such as GDP, TO, POP, IQ, and EDU variables, which in turn have a negative impact on CO2 emissions. At the same time, the variables GF and FD have a positive impact on CO2 emissions. Through the above results, the group searched for common ground to contact Vietnam to propose solutions and policies to provide for the economy, while minimizing damage to our country's environment