#4484. Can Fintech development pave the way for a transition towards low-carbon economy: A global perspective

August 2026publication date
Proposal available till 15-05-2025
4 total number of authors per manuscript0 $

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Journal’s subject area:
Business and International Management;
Management of Technology and Innovation;
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More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
The concerns raised by environmentalists, over the excessive usage of electricity, particularly in the mining of cryptocurrencies, have caught the attention of the community at large. Regulators and stakeholders have been reevaluating the costs and benefits of technological development in general specifically targeting their efforts towards the restoration of the environment. Considering that technology has long been perceived as dual edged sword for the environment, this would be the appropriate time to assess its true role in the environmental improvement, or rather, even deterioration. Therefore, this study attempts to address the question of whether the development is helping economies towards a smooth transition towards a lower level of carbon and greenhouse gasses emissions. Our results in this aspect are highly encouraging, and confirm that development can in fact help to reduce the greenhouse gas emissions, after the inclusion of appropriate control variables.
Keywords:
Fintech; Greenhouse gas emissions; Low-carbon economy

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