The Influence of GDP, Population, and Governance on Green Finance in Sub Sahara Africa

Green finance inflow in Subsahara Africa has remained persistently low beyond the universal average, thereby attracting investigation on what influences itsinvestment. The study examined the influence of GDP, Population & Governance quality on Green finance investment in fortyone Subsahara out of 46 subsahara Africa from 2015-2022. The study adopted quantitative, explanatory research design using panel data analysis to examine the influence of GDP, population, and governance on green finance inflows in Sub-Saharan Africa, with corruption perception as a moderating variable. GDP (LogGDP) displayed a positive and statistically significant(β=19,611.81,P= 0.047), Population (LogPop) also showed a highly significant and positive coefficient of 17.8031 (p = 0.000),Governance (Average Governance Index) had a negative and statistically insignificant coefficient (-5.39, p = 0.611), contrary to expectations derived from Institutional Theory; Corruption Perception Index (CPI) showed a weak and statistically insignificant relationship with green finance (coefficient = 317,086.9, p = 0.879). the study concluded that economic strength (GDP) and demographic expansion (population) are the most influential drivers of green finance inflows in Sub-Saharan Africa. governance quality and perceptions of corruption presents a disconnect between formal institutional ratings and the operational environment investors encounter on the ground. It recommends Promotion of inclusive economic growth, Harness demographic potential, strengthen institutional implementation, deepen anti-corruption efforts and integrate governance with economic planning.