Conferencia de la 2nd LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development - LEIRD 2022: “Exponential Technologies and Global Challenges: Moving toward a new culture of entrepreneurship and innovation for sustainable”, Virtual Edition, December 5 – 7.

Researchers and policymakers worldwide are always searching for a solution that may give both economic growth and ecological balance. A new type of financial innovation, green finance, has been identified by the International Finance Corporation as one that may both boost the economy and benefit the environment. Although Peru's natural resources are abundant, achieving resource efficiency is a considerable challenge. The necessity to address inadequate domestic value-added in resource utilization is evident when it comes to mineral extraction. There is also a lack of water efficiency in Peru because current tariff rates do not adequately reflect the actual cost of water as a limited resource. This study attempts to address and provide various solutions to achieving economic growth through green financing by conducting correlation analysis, OLS, and robust regression analysis. From the re...