Assessing the impact of green energy and finance on environmental performance in China and Japan

被引:37
|
作者
Zakari, Abdulrasheed [1 ,2 ]
Oryani, Bahareh [3 ]
Alvarado, Rafael [4 ]
Mumini, Kadir [5 ]
机构
[1] Univ Wollongong, Fac Business & Law, Sch Business, Wollongong, Australia
[2] Alma Mater Europaea ECM, Maribor, Slovenia
[3] State Univ New York, Dept Technol & Soc, Incheon, South Korea
[4] Univ Espiritu Santo, Esai Business Sch, Samborondon 091650, Ecuador
[5] Fed Polytech Ede, Dept Business Adm & Management, Ede, Osun State, Nigeria
关键词
Environmental performance; Green finance; Green energy; China; Japan; ECONOMIC-GROWTH; RENEWABLE ENERGY; CO2; EMISSIONS; PANEL-DATA; CONSUMPTION; AFRICA;
D O I
10.1007/s10644-022-09469-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
China and Japan have enjoyed significant economic boosts due to technological progress. However, these are accompanied by serious environmental pollution, which has brought China and Japan's commitments to climate treaties into question. Therefore, this study attempts to contribute to the literature on green finance, energy, and the environmental sustainability nexus. We investigate the role of green finance and energy in the environmental performance of Asia (China and Japan) between 2010 and 2020. The empirical results show that green finance promotes environmental sustainability, suggesting that green finance reduces environmental pollution. Similarly, green energy positively affects environmental performance; this validates the theory that green energy technology is environmentally friendly. Therefore, we recommend promoting the green energy system through subsidies and grants.
引用
收藏
页码:1185 / 1199
页数:15
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