Dr.  Kashif  Abbass
Nanjing University of Science and Technology, China

Title: Climate Change, Fiscal Action, and Financial Access: Unpacking Emissions Drivers in Asian Economies

Abstract:

Climate change remains one of the most pressing global challenges, with rising carbon emissions contributing significantly to environmental degradation and economic vulnerabilities. This study examines the effectiveness of government fiscal measures in mitigating climate change in Asian economies from 2004 to 2022. The study uses robust panel econometric methods, cross-sectional augmented autoregressive distributed lags (CS-ARDL), generalized method of moments (GMM), moments of quantile regression (MMQR), and the dynamic common correlated effects (DCCE) to capture heterogeneous and country-specific impacts at various carbon emission levels. The empirical findings demonstrate that fiscal policy and financial inclusion exert significant long-run effects on emissions, with their direction and magnitude varying by country, while foreign direct investment (FDI) and consumption demonstrate mixed impacts. Moreover, MMQR analysis uncovers FDI's notable and variable effects on rising carbon emissions across quantiles. The DCCE robustness checks analysis confirms the consistency of these associations while uncovering substantial heterogeneity. These findings are critical for climate change mitigation, highlighting specific policies needed for financial inclusion and FDI to guarantee green economic changes and SDG (13) achievement in Asia. The study, therefore, emphasizes the enhancement of green fiscal measures to stimulate green financing policies to ensure green FDI and sustainable economic development.

Biography:

Dr. Kashif Abbass recognized among the top 2% of scientists worldwide in the 2025 global ranking by Stanford University in collaboration with Elsevier. Dr. Kashif Abbass holds a Ph.D. in Management Science and Engineering with a specialization in Finance from Nanjing University of Science and Technology, China. His research expertise spans finance, green finance, climatic finance, environmental economics, sustainable development, and the role of financial systems in advancing environmental sustainability. He has published more than 20 papers in leading SSCI/SCI-indexed journals and holds an H-index of 21 (WOS). Dr. Abbass integrates advanced econometric modeling with policy-relevant analysis, focusing on financial sustainability, fiscal policy, financial development, financial inclusion for sustainability, and innovative financial mechanisms to support climate change mitigation. He serves as an academic editor for the Journal of Innovation & Knowledge, guest editor for Frontiers in Energy Research, and article editor for Sage Open, contributing actively to global scholarly dialogue in green finance, climatic finance, and sustainability. He was also recognized by ScholarGPS as a 2024 Top Scholar.