The Role of Green Finance in Integration with Technological Innovation for Sustainable Development: Bibliometric Analysis Approach

Abstract

The shift to equitable growth is growing more reliant on the collaboration of green finance and technical innovation. The assessment investigates how green finance may be efficiently integrated with emerging technologies to enhance environmental sustainability, with an emphasis on its social benefits. The review involves a thorough examination of the current state of green financing, emphasising its role in promoting environmentally beneficial initiatives and lowering carbon emissions. The study then dives into advances in green technology, such as power generation from renewable sources, the digital currency for green financing, and smart grid developments, all of which are critical to meeting sustainable development targets. The evaluation highlights important gaps in current study, such as the demand for standardised measures and thorough data to assess the social and ecologic implications of green financing programmes. It emphasises the relevance of regulatory frameworks and legislative assistance in promoting the widespread use of green technology, especially among emerging economies. The study explores narratives from various locations to demonstrate the effective integration of green financing with technology innovation, highlighting the social advantages such as generating employment, improved overall wellness, and increased social resilience to climate change. Furthermore, the assessment advocates for a more comprehensive strategy to implementing green finance and technologically enabled solutions, taking into account factors related to society, economy, and politics. It encourages international stakeholders to work together more closely to exchange best practices and build global standards. Finally, this study contributes to the larger dialogue on sustainable development by giving a glimpse at how green financing, together with technical innovation, might lead to significant environmental gains and social welfare advances.