GREEN FINANCE, GREEN TECHNOLOGY INNOVATION AND AGRICULTURAL CARBON EMISSIONS IN CHINA

Extensive agricultural development in China has given rise to a range of environmental issues that pose a significant hurdle to the country's "dual-carbon" goal. In order to tackle this challenge effectively, it becomes crucial to tap into the potential of green financial developments as means of reducing carbon emissions. To shed light on this matter, this study collates data from a total of 30 provinces in China from 2007 to 2019. And A two-way fixed-effects model was employed to examine the extent to which the advancement of green finance (GF) in China has effectively contributed to the decrease of carbon emissions in the agricultural sector. Furthermore, our research endeavors encompass the investigation of the specific mechanisms via which green finance has its influence on carbon emissions within the agricultural sector. The findings indicate that the implementation of green finance plays a crucial role in facilitating the reduction of carbon emissions within the agricultural sector in China. Technological advancements emerge as the primary mechanism through which green finance facilitates agricultural carbon emission reduction. Nevertheless, the impact of modernizing the regional industrial structure has been detrimental in this regard.