This study investigates the moderating influence of institutional quality on the relationship between green finance and sustainable development goals. The study takes data from 46 countries, including 22 developed and 24 developing countries, from 2013 to 2022. We use feasible generalized least square method for analyzing the data. Findings direct that green financing and institutional quality significantly enhance sustainable development goals. Further, regression outcomes also prove the moderating effect of institutional quality in our analysis. The interactive role of institutional quality significantly improves the influence of green finance on sustainable development goals. The strong quality of institutions certifies that investment in green finance is effectively allocated, strengthening their favorable impacts on social and environmental outcomes. Understanding this relationship is vital for policymakers and management to exploit the benefits of green finance investment in attaining sustainable development goals.
[1]Shandong Second Med Univ, Sch Publ Hlth, Weifang 261053, Shandong, Peoples R China.
[2]China Univ Min & Technol, Sch Management, Beijing 100083, Peoples R China.
[3]Shandong Nongyou Software Co Ltd, Weihai 264209, Shandong, Peoples R China.
[4]Shihezi Univ, Sch Econ & Management, Shihezi 832000, Xinjiang, Peoples R China.
(8.0+极速模式)