The impact of green finance on carbon emission efficiency

被引：10

作者：

Wu, Gongliang ^{[1
,3
]}

Liu, Xu ^{[1
,3
]}

Cai, Yueling ^{[2
]}

机构：

[1] Zhejiang Univ Technol, Sch Econ, Hangzhou, Peoples R China

[2] Zhejiang Sci Tech Univ, Sch Econ & Management, Hangzhou, Peoples R China

[3] Zhejiang Univ Technol, Inst Ind Syst Modernizat, Hangzhou, Peoples R China

来源：

HELIYON | 2024年 / 10卷 / 01期

关键词：

Green finance; Carbon emission efficiency; Sensitivity analysis; LSTM model; Random forest model;

D O I：

10.1016/j.heliyon.2023.e23803

中图分类号：

O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];

学科分类号：

07 ; 0710 ; 09 ;

摘要：

Green finance plays a pivotal role in guiding and incentivizing private capital to invest in lowcarbon industries and initiatives. This study utilizes data of Chinese cities from 2006 to 2022 to investigate the influence of green finance on carbon emission efficiency. The results show that green finance significantly contributes to enhancing carbon emission efficiency. The impact of green finance on carbon emission efficiency is subject to a dual threshold effect, which depends on the level of regional economic development. Regional innovation emerges as a vital channel through which green finance influences carbon emission efficacy. Moreover, the sensitivity of carbon emission efficiency to the green finance index shows an inverted U-shaped trend. Green support is most significant in green finance sub-dimensions. These findings provide valuable theoretical support for the role of green finance in fostering carbon efficiency improvement and provide essential insights for formulating effective policy strategies.

引用

页数：18

共 50 条

[41] A Study on the Impact of Digital Finance on the Efficiency of Urban Green Economy Development
Wu, Gongliang
Cai, Yueling
[J]. POLISH JOURNAL OF ENVIRONMENTAL STUDIES, 2024, 33 (03): : 3431 - 3441
[42] Impact of Digital Inclusive Finance on Urban Carbon Emission Intensity: From the Perspective of Green and Low-Carbon Travel and Clean Energy
Su, Zhi
Cao, Ruijie
[J]. SUSTAINABILITY, 2023, 15 (16)
[43] Can green finance reduce carbon emission intensity? Mechanism and threshold effect
Chang Gan
Mihai Voda
[J]. Environmental Science and Pollution Research, 2023, 30 : 640 - 653
[44] Can green finance reduce carbon emission intensity? Mechanism and threshold effect
Gan, Chang
Voda, Mihai
[J]. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (01) : 640 - 653
[45] Analysis of the carbon emission reduction effect of Fintech and the transmission channel of green finance
Xu, Jie
Chen, Fu
Zhang, Weiwei
Liu, Yiting
Li, Tingting
[J]. FINANCE RESEARCH LETTERS, 2023, 56
[46] The coupling and coordinated development of digital finance and green finance under the vision of "dual carbon" and the examination of carbon emission reduction effect
Shi, Yarong
Yang, Bo
[J]. SUSTAINABLE FUTURES, 2024, 7
[47] Industrial co-agglomeration, green finance and urban carbon emission efficiency: empirical evidence from shandong province in China
Fang, S.
Li, W.
Xu, J.
Li, Q.
Zhang, Y.
Wang, C.
Gong, W.
Zhang, R.
[J]. GLOBAL NEST JOURNAL, 2024, 26 (07):
[48] Influence of digital finance and green technology innovation on China's carbon emission efficiency: Empirical analysis based on spatial metrology
Zhang, Minglong
Liu, Yin
[J]. SCIENCE OF THE TOTAL ENVIRONMENT, 2022, 838
[49] Carbon Risk and Green Finance
Duho, King Carl Tornam
[J]. PROGRESS IN DEVELOPMENT STUDIES, 2024, 24 (01) : 78 - 80
[50] The Impact of Green Finance on Agricultural Pollution and Carbon Reduction: The Case of China
Cao, Li
Gao, Jiaqi
[J]. SUSTAINABILITY, 2024, 16 (14)

← 1 2 3 4 5 →