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This study employs the Autoregressive Distributed Lag (ARDL) approach to assess the impact of green funding on sustainable energy practices in India's tourist sector from 2000 to 2022. Results indicate that green bonds significantly and favourably influence long-term environmental sustainability, with negligible immediate effects. The Consumer Price Index adversely affects sustainability in both short and long terms. To enhance sustainability, recommended policy measures include increased regulatory supervision, transparent market information dissemination, eco-friendly fiscal policies, and the adoption of green building technologies. Supporting sustainable globalization, innovation, adaptation, and eco-tourism regionalism can greatly benefit India's tourism industry. The study offers valuable insights for policymakers aiming to promote environmental sustainability in the sector.
Nenavath Sreenu (Thu,) studied this question.