Can the green finance pilot policy promote the low-carbon transformation of the economy? DOI
Yingying Zhang,

Nianqiao Feng,

Xinpeng Wang

et al.

International Review of Economics & Finance, Journal Year: 2024, Volume and Issue: 93, P. 1074 - 1086

Published: April 5, 2024

Language: Английский

Natural resource consumption and industrial green transformation: Does the digital economy matter? DOI
Qiying Ran, Xiaodong Yang,

Hongchuan Yan

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 81, P. 103396 - 103396

Published: Feb. 24, 2023

Language: Английский

Citations

150

How does green finance affect energy efficiency? The role of green technology innovation and energy structure DOI
Chien‐Chiang Lee, Chang-song Wang, Zhi-Wen He

et al.

Renewable Energy, Journal Year: 2023, Volume and Issue: 219, P. 119417 - 119417

Published: Oct. 10, 2023

Language: Английский

Citations

82

Exploring the relationship of green investment and green innovation: Evidence from Chinese corporate performance DOI
Xueli Zhang, Yan Song, Ming Zhang

et al.

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 412, P. 137444 - 137444

Published: May 9, 2023

Language: Английский

Citations

80

Promoting or inhibiting? New-type urbanization and urban carbon emissions efficiency in China DOI
Wanxu Chen,

Guanzheng Wang,

Ning Xu

et al.

Cities, Journal Year: 2023, Volume and Issue: 140, P. 104429 - 104429

Published: June 15, 2023

Language: Английский

Citations

74

Spillover Effects of Green Finance on Attaining Sustainable Development: Spatial Durbin Model DOI Creative Commons
Aleksy Кwilinski, Oleksii Lyulyov, Tetyana Pimonenko

et al.

Computation, Journal Year: 2023, Volume and Issue: 11(10), P. 199 - 199

Published: Oct. 5, 2023

Attaining sustainable development goals is a complex process that involves range of economic, social, and environmental factors. It requires investments in infrastructure, technology, human capital. In this case, green finance conducive to channel toward projects initiatives by providing incentives for environmentally friendly practices technologies encouraging companies investors adopt business models. This paper aims check the spatial spillover effect on attaining European Union (EU) countries 2008–2021. The study applies Durbin model explore research hypothesis. findings confirm promotes achievement goals. However, impact heterogeneous depending EU region. should intensify its policy considering regional features significantly affect reducing greenhouse gas emissions, improving energy efficiency, promoting renewable energy. addition, it necessary develop alternative financial sources involving bonds could be used fund projects, building construction, etc.

Language: Английский

Citations

68

Green credit and industrial green total factor productivity: The impact mechanism and threshold effect tests DOI
Chong Wang, Lei Wang

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 331, P. 117266 - 117266

Published: Jan. 20, 2023

Language: Английский

Citations

62

Green Finance Policy and ESG Performance: Evidence from Chinese Manufacturing Firms DOI Open Access
Xiuli Sun,

Cui Zhou,

Zhuojiong Gan

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(8), P. 6781 - 6781

Published: April 17, 2023

While the literature has examined key role of green finance policy on firms’ innovation and environmental performance, little attention been paid to environmental, social, governance (ESG) which is increasingly important stakeholders. Exploiting heterogeneity in exposure pilot zones China 2017 as a quasi-natural experiment, this paper employs difference-in-differences model explore effect ESG performance. Based data listed manufacturing firms during 2013–2020, our results indicate that could promote Moreover, overall positive driven mainly by pillar. Utilizing subsample estimation triple differences method, we further find higher performance with less financial constraints, economically more developed zones, state-owned enterprises (SOEs). Mechanism analysis indicates promotes even if it worsens constraints. Our study contributes research both impacts relationship between constraints well structure.

Language: Английский

Citations

57

Does the green credit policy affect the carbon emissions of heavily polluting enterprises? DOI
Chuanwang Sun,

Yingfang Zeng

Energy Policy, Journal Year: 2023, Volume and Issue: 180, P. 113679 - 113679

Published: June 25, 2023

Language: Английский

Citations

57

The impact of green finance policy on green innovation performance: Evidence from Chinese heavily polluting enterprises DOI Creative Commons
Kaiwen Chang, Dan Luo,

Yizhe Dong

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 352, P. 119961 - 119961

Published: Jan. 13, 2024

Green innovation (GI) is increasingly recognised as an effective strategy for tackling climate change, mitigating environmental issues, and promoting sustainable development. Using panel data of the Chinese listed firms from 2007 to 2019, this study adopts difference-in-differences approach assess impact green finance policy (GFP) initiated by government in 2012 on performance firms. The findings reveal that GFP significantly boosts heavily polluting enterprises (HPEs). Notably, effect more pronounced state-owned with high dependence external finance. Compared penalty-based regulations, incentive-based voluntary regulations demonstrate significant moderating effects relationship between HPEs. We also identify improved efficiency usage investments a potential mechanism through which enhances Further comparative analysis shows can achieve simultaneous improvement both quality quantity innovation, whereas HPEs predominantly exhibit enhancements quantity. To maximise GFP's positive effects, it recommended facilitate targeted bank lending towards support their structural transformation. Additionally, coordinated deployment diverse instruments advised exploit synergistic effects.

Language: Английский

Citations

55

Impact of green finance on green energy efficiency: A pathway to sustainable development in China DOI
Xingqi Zhao,

Boya Zeng,

Xue-Shu Zhao

et al.

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 450, P. 141943 - 141943

Published: March 26, 2024

Language: Английский

Citations

29