There is a notion that finance plays a crucial role in anthropogenic; however, the
emerging trends have been observed to incorporate environmental concerns into sustainable
financing. Moreover, technological innovations tend to help in achieving carbon neutrality.
This research examines the role of green financing (GFIN) and green technologies in
dealing with carbon neutrality in G10 economies from 2000 through 2018. Advanced panel
estimations; Cross-Sectional ARDL, cross-sectional dependence, unit root test with
and without structural breaks, slope homogeneity, and panel cointegration has applied.
The long- and short-run estimates confirm that GFIN and technologies promote carbon
neutrality. Moreover, the long-run results endorse the validity of the Environmental
Kuznets Curve. Similar findings are observed in the short run except for EKC; however,
their marginal contribution toward carbon neutrality is relatively higher in the long
run. Moreover, the negative sign of the error correction term endorses convergence
towards steady-state equilibrium. These results are endorsed by alternative estimators
and offer valuable recommendations.
