1.Barrett, S. and Dannenberg, A. 2014. Sensitivity of collective action to uncertainty about climate tipping points. Nature Climate Change, 4(1): 36-39.

2.Bist, J.P. 2018. Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries. Cogent Economics & Finance, 6(1): 1449780.

3.Beck, T. and Levine, R. 2004. Stock markets, banks, and growth: Panel evidence. Journal of Banking & Finance, 28(3): 423-442.

4.Christopoulos, D.K. and Tsionas, E.G. (2004). Financial development and economic growth: evidence from panel unit root and cointegration tests. Journal of Development Economics, 73(1): 55-74.

5.Charfeddine, L. and Khediri, K.B. 2016. Financial development and environmental quality in UAE: Cointegration with structural breaks. Renewable and Sustainable Energy Reviews, 55: 1322-1335.

6.Dahiya, S. 2022. Investigating the moderating role of financial development in environmental degradation in India. Journal of Public Affairs, 22: e2765.

7.Dar, J.A. and Asif, M. 2017. Is financial development good for carbon mitigation in India? A regime shift-based cointegration analysis. Carbon Management, 8(5-6): 435- 443.

8.Dunteman, G.H. 1989. Principal components analysis (Vol. 69). Sage.

9.Dullien, S. 2010. The financial and economic crisis of 2008-2009 and developing countries. (No Title).

10.Eccles, R.G., Ioannou, I. and Serafeim, G. 2014. The impact of corporate sustainability on organizational processes and performance. Management Science, 60(11): 2835-2857.

11.Elkington, J. and Rowlands, I.H. 1999. Cannibals with forks: The triple bottom line of 21st century business. Alternatives Journal, 25(4): 42.

12.Everitt, B.S., Landau, S., Leese, M. and Stahl, D. 2011. Cluster analysis. John Wiley & Sons.

13.Goel, I., Sharma, S. and Kashiramka, S. 2020. The water poverty index: an application in the Indian context. In Natural Resources Forum (Vol. 44, No. 3, pp. 195-218). Oxford, UK: Blackwell Publishing Ltd.

14.Granger, C.W. 1988. Causality, cointegration, and control. Journal of Economic Dynamics and Control, 12(2-3): 551-559.

15.Groen, J.J.J. and Kleibergen, F. 2003. Likelihood-based cointegration analysis in panels of vector error-correction models. Journal of Business & Economic Statistics, 21(2): 295-318.

16.Grossman, G.M. and Krueger, A.B. 1995. Economic growth and the environment. The Quarterly Journal of Economics, 110(2): 353-377.

17.Guru, B.K. and Yadav, I.S. 2019. Financial development and economic growth: panel evidence from BRICS. Journal of Economics, Finance and Administrative Science, 24(47): 113-126.

18.Hart, S.L. and Ahuja, G. 1996. Does it pay to be green? An empirical examination of the relationship between emission reduction and firm performance. Business Strategy and the Environment, 5(1): 30-37.

19.Hellman, J.S. 2000. Measuring governance, corruption, and state capture: How firms and bureaucrats shape the business environment in transition economies (Vol. 2312). World Bank Publications.

20.Jensen, M.C. and Meckling, W.H. 2019. Theory of the firm: Managerial behavior, agency costs and ownership structure. In Corporate governance (pp. 77-132). Gower.

21.Jian, J., Fan, X., He, P., Xiong, H. and Shen, H. 2019. The effects of energy consumption, economic growth and financial development on CO2 emissions in China: A VECM approach. Sustainability, 11(18): 4850.

22.Joint Research Centre-European Commission. 2008. Handbook on constructing composite indicators: methodology and user guide. OECD publishing.

23.Jolliffe, I.T. 2002. Principal component analysis for special types of data (pp. 338-372). Springer New York.

24.Keohane, R.O. and Victor, D.G. 2011. The regime complex for climate change. Perspectives on Politics, 9(1): 7-23.

25.Khan, H., Weili, L. and Khan, I. 2022. The role of financial development and institutional quality in environmental sustainability: panel data evidence from the BRI countries. Environmental Science and Pollution Research, 29(55): 83624- 83635.

26.Lenka, S.K. and Sharma, R. 2017. Does financial inclusion spur economic growth in India?. The Journal of Developing Areas, 51(3): 215-228.

27.Lenka, S.K. 2015. Measuring financial development in India: A PCA approach. Theoretical & Applied Economics, 22(1).

28.Le, T.H., Chuc, A.T. and Taghizadeh-Hesary, F. 2019. Financial inclusion and its impact on financial efficiency and sustainability: Empirical evidence from Asia. Borsa Istanbul Review, 19(4): 310-322.

29.Le, H.P. and Ozturk, I. 2020. The impacts of globalization, financial development, government expenditures, and institutional quality on CO2 emissions in the presence of environmental Kuznets curve. Environmental Science and Pollution Research, 27: 22680-22697.

30.Maysami, R.C. and Koh, T.S. 2000. A vector error correction model of the Singapore stock market. International Review of Economics & Finance, 9(1): 79-96.

31.Mukherjee, T.K. and Naka, A. 1995. Dynamic relations between macroeconomic variables and the Japanese stock market: an application of a vector error correction model. Journal of Financial Research, 18(2): 223-237.

32.Nations, U. 2015. Transforming our world: The 2030 agenda for sustainable development. New York: United Nations, Department of Economic and Social Affairs.

33.North, D. 1990. Institutions, institutional change and economic performance. Cambrige University Press.

34.Oates, W.E. 1972. Fiscal Federalism. New York: Harcourt Brace Jovanovich. Polity IV Dataset http://www. bsos. umd. edu/cidcm/inscr/polity.

35.Orlitzky, M., Bauer, R. and Busch, T. 2016. Sustainable development and financial markets: Old paths and new avenues. Business and Society, 55(3).

36.Ostrom, E. 1990. Governing the commons: The evolution of institutions for collective action. Cambridge university press.

37.Qayyum, M., Ali, M., Nizamani, M.M., Li, S., Yu, Y. and Jahanger, A. 2021. Nexus between financial development, renewable energy consumption, technological innovations and CO2 emissions: the case of India. Energies, 14(15): 4505.

38.Razzaq, A., Sharif, A., Ahmad, P. and Jermsittiparsert, K. 2021. Asymmetric role of tourism development and technology innovation on carbon dioxide emission reduction in the Chinese economy: Fresh insights from QARDL approach. Sustainable Development, 29(1): 176-193.

39.Redhu, S. and Jain, P. 2023. Unveiling the nexus between water scarcity and socioeconomic development in the water-scarce countries. Environment, Development and Sustainability, pp. 1-21.

40.Sachs, J.D. and Warner, A. 1995. Natural resource abundance and economic growth.

41.Sarstedt, M. 2019. Revisiting hair et al.’s multivariate data analysis: 40 years later. In The Great Facilitator: Reflections on the Contributions of Joseph F. Hair, Jr. to Marketing and Business Research (pp. 113-119). Cham: Springer International Publishing.

42.Shahbaz, M., Bhattacharya, M. and Mahalik, M.K. 2018. Financial development, industrialization, the role of institutions and government: a comparative analysis between India and China. Applied Economics, 50(17): 1952-1977.

43.Shahbaz, M., Shahzad, S.J.H., Ahmad, N. and Alam, S. 2016. Financial development and environmental quality: the way forward. Energy Policy, 98: 353-364.

44.Shlens, J. 2014. A tutorial on principal component analysis. arXiv preprint arXiv:1404.1100.

45.Svartzman, R., Bolton, P., Despres, M., Pereira Da Silva, L.A. and Samama, F. 2021. Central banks, financial stability and policy coordination in the age of climate uncertainty: a three- layered analytical and operational framework. Climate Policy, 21(4): 563-580.

46.Svirydzenka, K. 2016. Introducing a new broad-based index of financial development. International Monetary Fund.

47.Tabachnick, B.G., Fidell, L.S. and Ullman, J.B. 2013. Using multivariate statistics (Vol. 6, pp. 497-516). Boston, MA: pearson.

48.Taylor, P.J. and Buttel, F.H. 1992. How do we know we have global environmental problems? Science and the globalization of environmental discourse. Geoforum, 23(3): 405-416.

49.Uddin, A., Chowdhury, M.A.F., Sajib, S.D. and Masih, M. 2020. Revisiting the impact of institutional quality on post-GFC bank risk-taking: Evidence from emerging countries. Emerging Markets Review, 42: 100659.

50.UNDP, U. 1997. Governance for Sustainable Human Development, A Policy Document, United Nations Development Programme. Diambil daripada http://magnet. undp. org/policy/default. htm.

51.Wang, N., Zhang, X., Wang, Z., Chen, Y. and Li, S. 2023. Can financial development improve environmental quality? New findings from spatial measures of Chinese urban panel data. Heliyon, 9(7).

52.Warner, K., Hamza, M., Oliver-Smith, A., Renaud, F. and Julca, A. 2010. Climate change, environmental degradation and migration. Natural Hazards, 55: 689-715.

53.Wold, S., Esbensen, K. and Geladi, P. 1987. Principal component analysis. Chemometrics and Intelligent Laboratory Systems, 2(1-3): 37-52.

54.Xu, B., Li, S., Afzal, A., Mirza, N. and Zhang, M. 2022. The impact of financial development on environmental sustainability: A European perspective. Resources Policy, 78: 102814.

55.XIE, X. 2019. Principal component analysis. Wiley interdisciplinary reviews.

56.Zadek, S. and Robins, N. 2015. “Aligning the financial system with sustainable development.” Financing Sustainable Development, pp. 102.

57.Zafar, M.W. Saud, S. and Hou, F. 2019. The impact of globalization and financial development on environmental quality: evidence from selected countries in the Organization for Economic Co-operation and Development (OECD). Environmental Science and Pollution Research, 26: 13246-13262.

58.Zhou, P., Ang, B.W. and Poh, K.L. 2007. A mathematical programming approach to constructing composite indicators. Ecological Economics, 62(2): 291-297.