Related Experiment Video
Updated: Jul 15, 2025

Watershed Planning within a Quantitative Scenario Analysis Framework
Published on: July 24, 2016
Harnessing digital solutions for sustainable development: a quantile-based framework for designing an SDG framework
Najia Saqib1, Haider Mahmood2, Muntasir Murshed3,4
1Department of Finance, College of Business Administration, Prince Sultan University, Riyadh, Saudi Arabia. nsaqib@psu.edu.sa.
Abstract:
The paper investigates how financial technology might help countries promote renewable energy and reach the Sustainable Development Goals (SDGs). It is generally agreed that FinTech (financial technology) has the ability to help achieve the SDGs by 2030 and promote a sustainable society through technology-driven solutions. The financial sector has launched greener investment options in order to mobilize substantial financial resources towards climate neutrality in the coming decade. To achieve the Sustainable Development Goals and the goals set forth in the Paris Climate Agreement, however, this procedure must be accelerated. With the use of the innovative "quantile-on-quantile (QQ)" technique, this study uses the data of top FinTech economies for the period 1990-2020 and provides country-specific insights into the relationship between FinTech and renewable energy. Using quantile causality analysis, we may identify the direction of causality between these variables at the observed extremes. An extensive long-term relationship between FinTech and renewable energy was found in all countries. The leading FinTech economies show a positive association between the two at most quantiles, and a bidirectional causality relationship is seen across significant quantiles. This highlights the considerable yet variable impact FinTech policies have on renewable energy and vice versa in these innovative economies. These results highlight the connection between growing FinTech and promoting a green transition to further Sustainable Development Goals and provide useful insight for policy formulation.
Related Concept Videos
Sustainable Development
Levels of Use of a GIS
Methods Of Healthcare Delivery System
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
Design Example: Sustainability in Concrete Building
There are multiple approaches to achieve sustainability in a commercial concrete building. For instance, construct a concrete parking area under the building, utilizing pervious concrete paver blocks in open areas to facilitate rainwater collection through an underground...
Design Example: Analyzing Capacity Contours for Flood Risk Assessment
Percentile

