Published Paper Details:

Sustainability is an epicenter of concern for the world economy at present. Figures reveal that Green FDI, or foreign investment in ecofriendly avenues is among the largest categories of FDI for developed segment of the economy whereas the developing segment which also constitutes Indian Economy is currently moving towards sustainability. Thus, taking into consideration the challenges faced and factors positively affecting green economy growth pertaining to Indian Economy, this study seeks to draw an Ecological Sustainability nexus by studying the interrelationship between the variables; Foreign Direct Investment (FDI), Renewable Energy Consumption (REC) and Trade Openness (TO) with Ecological Sustainability (ES), i.e., Carbon Emissions. This analytical study makes use of Ordinary Least Square (OLS) regression, the study found an insignificant positive relationship between FDI and Ecological Sustainability. However, it has been found that a significant negative relationship exists between the REC and ES during the study period.