Visualizing green finance and green growth relationships with power bi tools

Authors

  • Hien Thi Le Tran
  • Tri Thanh Ho Ho Chi Minh City University of Food Industry

DOI:

https://doi.org/10.1285/i20705948v17n1p34

Keywords:

green growth, green finance, CO2, environmental sustainability

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.

Author Biographies

Hien Thi Le Tran

I am delighted to have the opportunity to introduce myself. My name is Tran Thi Le Hien, and I am a university lecturer specializing in Finance and Banking, with over 12 years of experience in both industry and academia. Currently, I am working at the Ho Chi Minh City University of Food Industry. As a passionate finance enthusiast, I constantly strive to enhance my knowledge and skills. I hold a Master's degree in Finance and Banking and am currently pursuing a Ph.D. at the University of Finance and Marketing in Vietnam. My teaching experience includes courses in Financial Practice, Statistical Principles, Financial Information Systems, and Data Analysis in Accounting and Finance. I have also collaborated and worked with numerous companies and organizations in the finance industry to apply my knowledge and solutions to practical problems. I always seek new and innovative solutions to real-world challenges in finance. My strengths lie in my ability to conduct independent research and my unyielding thirst for knowledge. With my experience and expertise, I hope to make meaningful contributions to the community and add value to the projects I am involved in

Tri Thanh Ho, Ho Chi Minh City University of Food Industry

Thanh Tri Ho, Ph.D., Director of HUFI overseas education center, Lecturer at Faculty of Accounting and Finance. Experience and research based on analyzing the econometric application, International finance, and foreign direct investment, building the project related to the e-commerce website. The author has published 7 articles in the ISI - Scopus catalog and 8 conference papers with the web of science index.

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Published

15-03-2024