60
Views
0
CrossRef citations to date
0
Altmetric
Research Letter

The influence of green financing on renewable energy progress in India's tourism sector

Received 12 Dec 2023, Accepted 28 Apr 2024, Published online: 09 May 2024
 

ABSTRACT

This study employs the Autoregressive Distributed Lag (ARDL) approach to assess the impact of green funding on sustainable energy practices in India's tourist sector from 2000 to 2022. Results indicate that green bonds significantly and favourably influence long-term environmental sustainability, with negligible immediate effects. The Consumer Price Index adversely affects sustainability in both short and long terms. To enhance sustainability, recommended policy measures include increased regulatory supervision, transparent market information dissemination, eco-friendly fiscal policies, and the adoption of green building technologies. Supporting sustainable globalization, innovation, adaptation, and eco-tourism regionalism can greatly benefit India's tourism industry. The study offers valuable insights for policymakers aiming to promote environmental sustainability in the sector.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 53.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
USD 273.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.