Impact of FinTech and control of corruption on environmental sustainability

The current study inspects the effect of Institutional Quality and FinTech on environmental sustainability in the “Environmental Kuznets Curve (EKC)” scenario. The study employs data on six aspects of institutional quality and carbon emissions “from 82 countries from 2017 to 2024. The study observes that carbon emissions can be reduced by controlling corruption and enhancing regulatory quality in the EKC framework. However, FinTech reduces environmental quality. The causality test reveals unidirectional causality of FinTech, Growth and industrialization for ecological sustainability (CO 2 emission), while all other variables have bidirectional causality. The findings suggest that a fair institutional quality framework is essential for environmental protection, and all countries should promote the consumption of green and clean energy behind the mining of FinTech activities to enhance climate quality by reducing carbon emissions.

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Publication Details

Journal
Journal of Economic Criminology
Published
2025-04-18
DOI
https://doi.org/10.1016/j.jeconc.2025.100162
Citations
3
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
9.39
Controls
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article

Impact of FinTech and control of corruption on environmental sustainability

Falak Sher, Muhammad Naeem Shahid, Muhammad Ishtiaq, Zareen
3 citations
Journal of Economic Criminology
Energy, Environment, Economic Growth
9.39
article

Impact of FinTech and control of corruption on environmental sustainability

Falak Sher, Muhammad Naeem Shahid, Muhammad Ishtiaq, Zareen
article en
3 citations

Abstract

The current study inspects the effect of Institutional Quality and FinTech on environmental sustainability in the “Environmental Kuznets Curve (EKC)” scenario. The study employs data on six aspects of institutional quality and carbon emissions “from 82 countries from 2017 to 2024. The study observes that carbon emissions can be reduced by controlling corruption and enhancing regulatory quality in the EKC framework. However, FinTech reduces environmental quality. The causality test reveals unidirectional causality of FinTech, Growth and industrialization for ecological sustainability (CO 2 emission), while all other variables have bidirectional causality. The findings suggest that a fair institutional quality framework is essential for environmental protection, and all countries should promote the consumption of green and clean energy behind the mining of FinTech activities to enhance climate quality by reducing carbon emissions.

Journal of Economic CriminologyVol. 8
Government College University, Faisalabad (PK)
Openalex Percentile: Top 3%
Energy, Environment, Economic Growth
9.39
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Impact of FinTech and control of corruption on environmental sustainability — Falak Sher, Muhammad Naeem Shahid, et al. · Journal of Economic Criminology (2025) | TGRS Research Map | TGRS