A Ride on the Wave of “Digital” and an Advance Towards “Green”: The Spatial and Temporal Impacts of the Integration of Digital and Green Finance on the Pollution and Carbon Reduction Performance in China DOI Open Access
Peng Chen, Panpan Sun, Zaijun Li

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(6), P. 2584 - 2584

Published: March 14, 2025

The synergistic convergence of digital and green finance (DGF) serves as a critical role for advancing ecological modernization in urban systems carbon reduction performance (PCRP). Based on the symbiotic co-evolution (DF) (GF), this study explored developmental evolutionary patterns, spatial effects, influence mechanisms DGF PCRP Chinese cities. findings include following: (1) Between 2011 2022, levels both increased were generally higher eastern coastal cities than less developed western (2) temporal associations showed positive intensifying relationship during period, with most showing correlation. (3) Spatial correlation was clearly positive, characterized by clear trend expansion concentration High-high aggregates an overall banded distribution all types aggregates. clusters mainly concentrated inland major cities; notably, Low-low mostly distributed around clusters, relatively stable distribution. (4) In terms spillover not only contributed directly to but also indirectly advanced it through improving ESG performance, promoting technology innovation increasing public concern environment. addition, effect more pronounced parts non-resource This provides theoretical empirical support deepening promote at city level.

Language: Английский

A study on the relationships among green finance, environmental pollution and economic development DOI Creative Commons
Ting Zhang,

fanzhen zhao

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 51, P. 101290 - 101290

Published: Jan. 1, 2024

With the rapid development of China's economy, energy consumption is increasing. There has always been an objective contradiction between economic and environmental pollution control. Green finance important tool to solve problem. After testing that there endogeneity among green finance, development, this paper uses data in China explore spatial effect interaction relationship three by establishing a simultaneous equation. The empirical results show that: Economic pollutant emissions constitute inverted U-shaped EKC; significant positive on will also bring more investment; increase requires investment certain governance emissions.

Language: Английский

Citations

38

Empowering energy transition: Green innovation, digital finance, and the path to sustainable prosperity through green finance initiatives DOI Creative Commons
Mohammad Razib Hossain,

Amar Rao,

Gagan Deep Sharma

et al.

Energy Economics, Journal Year: 2024, Volume and Issue: 136, P. 107736 - 107736

Published: June 24, 2024

This study delves into the intricate relationship between financial digitization and green innovation, aiming to shed light on their dynamic interplay within a global context. Spanning from 2003 2020, encompasses 15 diverse countries, encompassing both developed emerging economies, including Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, Turkey, United Kingdom, USA. It not only explores direct connection innovation but also takes account various controlling factors such as economic growth, industrial value addition, research development expenditure, gross national expenditure. The key findings quantile regression reveal have significant positive effect, indicating that in countries with lower levels, an increase digital services significantly boosts innovation. impact persists across quantiles, even higher albeit lesser degree. Economic growth consistently shows negative association all quantiles. Research expenditure demonstrate emphasizing allocating percentage of activities experience substantial increases underscores facilitation finance initiatives.

Language: Английский

Citations

36

Digital finance and corporate green investment: A perspective from institutional investors and environmental regulations DOI
Sohail Ahmad Javeed, Rashid Latief,

Xiang Cai

et al.

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 446, P. 141367 - 141367

Published: Feb. 19, 2024

Language: Английский

Citations

24

“Cooperation” or “competition”: Digital finance enables green technology innovation—a new assessment from dynamic spatial spillover perspectives DOI
Qichang Xie, Dong Wang,

Qianwen Bai

et al.

International Review of Economics & Finance, Journal Year: 2024, Volume and Issue: 93, P. 587 - 601

Published: May 4, 2024

Language: Английский

Citations

18

Integration of Informatization and Industrialization: Driving Urban Green Innovation through Policy Insights DOI
Jun‐Zhuo Wang,

Peng Niu,

Qiang Feng

et al.

Published: Jan. 1, 2025

Utilizing prefecture-level data from China covering the period 2003 to 2019, this study examines effect of “Two Integrations” policy, which aims promote integration informatization and industrialization in pilot cities, on green innovation. By employing a multi-period difference-in-differences approach, findings indicate that policy has significantly positive impact This is primarily driven by enhanced economic agglomeration improved productive services. Furthermore, heterogeneity analysis reveals policy’s influence more pronounced cities characterized low energy-dependency, robust information infrastructure, an advanced industrial structure. These provide insights into practical implications specific experimental zone China.

Language: Английский

Citations

4

Green standard and green development: Theory and empirical evidence DOI
Wen Xiong,

Xueni Guo,

Yi Sun

et al.

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 414, P. 137768 - 137768

Published: June 8, 2023

Language: Английский

Citations

23

The impact of digital inclusive finance on ESG disputes: Evidence from Chinese non-financial listed companies DOI
Fahad Khalid, Muhammad Irfan, Mohit Srivastava

et al.

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 204, P. 123415 - 123415

Published: May 2, 2024

Language: Английский

Citations

15

The impact of digital inclusive finance on the collaborative reduction of pollutant and carbon emissions: spatial spillover and mechanism analysis DOI
Yan Bu, Jingchen Gao,

Wei Zhang

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 365, P. 121550 - 121550

Published: June 21, 2024

Language: Английский

Citations

14

Digital finance, natural resource constraints and firms' low-carbon behavior: Evidence from listed companies DOI
Ping Yang,

Yanqin Lv,

Xiaodan Chen

et al.

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104637 - 104637

Published: Jan. 12, 2024

Language: Английский

Citations

13

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 DOI Creative Commons
Yarong Shi, Bo Yang

Sustainable Futures, Journal Year: 2024, Volume and Issue: 7, P. 100217 - 100217

Published: May 29, 2024

This paper measures the coupling coordination development level between digital finance and green in Chinese provinces investigates their carbon emission reduction effects. The study reveals that has a significant effect, displaying an inverted "U" shape with marginal effect first increases then decreases. There are substantial differences moderating effects of formal environmental regulation informal regulation. Furthermore, central western regions, areas higher financial regulatory intensity, non-resource-based provinces, is more pronounced.

Language: Английский

Citations

12