ABSTRACT
This chapter investigates the intricate relationship between green finance, carbon emissions, economic development, and green technology innovation in selected ASEAN countries. It explores how green financing can mitigate carbon emissions while fostering sustainable economic growth and technological advancement. The rapid economic expansion in Southeast Asia has led to a surge in carbon emissions, prompting the need for mobilizing financial resources for eco-friendly projects. Green development finance offers a promising avenue to address these challenges and drive economic progress. Leveraging environmental and macroeconomic data of selected ASEAN countries from 2000 to 2020, our analysis reveals a favorable economic trajectory alongside increased CO2 emissions. This highlights the urgency of reallocating financial resources strategically to promote sustainable development. Green finance emerges as a pivotal catalyst for achieving substantial carbon reduction and shaping a more sustainable ASEAN future.
