Relationship Between AI and Green Finance

Abstract

Green finance shows the pathway to address climate change related issues and helps in achieving the sustainable development goals (SDGs). Investor confidence is imperative for the growth of any financial instrument. Introduction of blockchain and fintech in green finance instruments helps to earn investor confidence. The purpose of the current study is to analyze the association and hedging effects between the artificial intelligence (AI) and green finance (GF). Data was extracted with the help of ‘yahoofinance.com'. Correlation analysis was performed with the help of software R to address the objective of the study. Implication of the study helps investor to diversify their portfolio and helps issuers to issue AI enabled GF instruments.