Can green finance strengthen energy resilience? The case of China

被引：4
|
作者：
Nepal, Rabindra [1 ]
Zhao, Xiaomeng [2 ]
Liu, Yang [3 ]
Dong, Kangyin [3 ]
机构：
[1] Univ Wollonogng, Fac Business & Law, Sch Business, Wollongong, NSW, Australia
[2] Univ Int Business & Econ, Int Business Strategy Inst, Beijing 100029, Peoples R China
[3] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China
来源：
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE | 2024年 / 202卷
关键词：
Energy resilience; Green finance; Heterogeneity; Mediating effects; China; CONSUMPTION; GROWTH;
D O I：
10.1016/j.techfore.2024.123302
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Enhancing the energy system's resilience to risks is a pressing need, and green finance provides inspiration in achieving this goal. Nevertheless, only a limited number of scholars have empirically examined the impact of green finance on energy resilience. This study employs panel data for 16 years (2006-2021) from 30 provinces in China to empirically investigate the correlation between energy resilience and green finance. The study also aims to analyze heterogeneity and the underlying influencing mechanisms. The results indicate that green finance can effectively enhance China's energy resilience, particularly in the economic and social domains. This finding is highly reliable, as it passes several robustness checks. Additionally, this positive impact is not universal. The significance of promoting green financing is limited to the eastern and western areas, where it can indirectly bolster energy resilience by fostering industrial transformation and driving green technology innovation. These discoveries offer valuable insights for policymakers aiming to enhance the energy system's resilience to risks from a green financing perspective.
引用
收藏
页数：14
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