This paper examined the impacts of financial development on environmental quality in Malaysia, using the sum of financial access, depth, and efficiency as auxiliary variables for financial development from 1987 to 2020. The autoregressive distributed lag method was used to examine whether a level relationship (long run) existed among the variables. The paper found a long-run relationship among the variables. Financial development, population growth, economic growth, and energy usage positively significantly contribute to environmental degradation in both the short and long run, while squared economic growth significantly enhanced environmental quality in both the short and long run. Hence, environmental carbon Kuznets curve (ECKC) hold in Malaysia.

本文使用金融获取，深度和效率的总和作为1987年至2020年金融发展的辅助变量，研究了金融发展对马来西亚环境质量的影响。长期存在）之间的变量。该论文发现了变量之间的长期关系。金融发展，人口增长，经济增长和能源使用在短期和长期内都对环境恶化产生积极影响，而平方经济增长在短期和长期内都显着提高了环境质量。因此，马来西亚的环境碳库兹涅茨曲线（ECKC）成立。