Visualizing green finance and green growth relationships with power bi tools


Abstract


This article provides an overview of the concept of green finance and its role in promoting sustainable economic growth, with a particular focus on the top 15 countries with the highest GDP and green growth index from 2010 to 2019. The article discusses the negative impact of energy consumption on the environment and highlights the need for a shift towards a low-carbon, resource-efficient, and socially inclusive economy.  Data from 186 countries were collected from the World Bank and the OECD's iLibrary for the years 2010 to 2019, and the analysis method involved descriptive statistical analysis and simple linear regression analysis using the DAX function language in Power BI. The research findings reveal that CO2 emissions and economic financial indicators are interrelated, and using Power BI tool visualizing green finance data  shows the correlation between GDP and CO2 emissions and highlights the countries that have achieved high levels of green finance. The article concludes by suggesting several solutions to promote green finance on a global scale, including establishing funding sources that prioritize green finance projects, creating green investment opportunities, and improving legal regulations to support the development of green finance.

DOI Code: 10.1285/i20705948v17n1p34

Keywords: green growth, green finance, CO2, environmental sustainability

Full Text: pdf


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