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

Does digital economy agglomeration promote green economy efficiency? A spatial spillover and spatial heterogeneity perspective DOI

Hongyang Yu,

Jinchao Wang, Jiajun Xu

et al.

Environment Development and Sustainability, Journal Year: 2024, Volume and Issue: unknown

Published: May 2, 2024

Language: Английский

Citations

4
The impact of digital finance on technological innovation across enterprise life cycles in China DOI Creative Commons

Yanhong Mou

Heliyon, Journal Year: 2024, Volume and Issue: 10(14), P. e33965 - e33965

Published: July 1, 2024

This study aims to fill a gap in our knowledge by analyzing how digital financing has affected technological innovation China's firms across different growth phases. article investigates the relationship between efficiency and finance A-share listed corporations 2012 2022 using basic logistic modelling. Its main goal is comprehend affects these businesses' from various angles. The concludes that significantly improves of innovation; more importantly, Digital Finance Adoption Rate (DFAR) significant influence than Level (DFL). According Transformation Maturity (DTM) scale, helps businesses transform digitally, increasing effectiveness innovation. State-owned are on non-state-owned businesses. Other factors, including enterprise lifecycle, investment, leadership, revenue strategies, market rivalry, also shape technical efficiency. To increase efficiency, particularly state-owned businesses, suggests expanding access adoption finance. It means leveraging elements such as competition spur impact at phases organizational China highlights need for customized methods harness its potential.

Language: Английский

Citations

4
Research on the relationship of coupling coordination between digitalization and green development DOI Creative Commons

Qunzhi She,

Jing Qian,

Liangxi He

et al.

Scientific Reports, Journal Year: 2024, Volume and Issue: 14(1)

Published: Aug. 22, 2024

The coupling coordination of digitalization and green development has become an inevitable requirement for building a new pattern achieving high-quality China's economy. Based on the panel data 284 Chinese cities from 2011 to 2021, this study uses degree model, Dagum Gini coefficient, spatial convergence, Markov transfer probability matrix, Tobit model quantitatively analyze spatial–temporal evolution characteristics influencing factors digitization development. results show that (CCD) overall increasing trend during period, eastern region is higher than other regions which showing non-equilibrium characteristics. difference CCD continues downward, inter-regional differences are main source CCD. In long run, there "catch-up effect" between with low those high CCD, will tend steady state. type "club convergence", maintaining original state high, shows good in future. Factors such as environmental regulation, innovation, industrial structure upgrading financial efficiency can significantly contribute above findings provide empirical evidence achieve economic

Language: Английский

Citations

4
Pursuing the Roadmaps to SDG 13: How Climate Change Technology Moderates the nexus Between Digital Finance and Environmental Sustainability DOI Open Access
Mubasher Zaman, Muhammad Sheraz, Quande Qin

et al.

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: March 4, 2025

ABSTRACT Green digital financial mechanisms, climate change technological development, and environmentally adjusted multifactor productivity through fintech innovations ensure renewable energy infrastructure adaptation solutions by mobilizing capital toward green projects technologies. The study investigates the interplay between finance, technologies, productivity, environmental sustainability in G20 countries from 2002 to 2021. relationship is examined using Method of Moments Quantile regression (MMQR) robustness checks performed Bootstrap (BSQR), Feasible Generalized Least Squares (F‐GLS), Panel Correlated Standard Errors (PCSE). Finally, Dumitrescu Hurlin (D‐H) Causality Test check causal relationship. outcomes reveal that positively impact sustainability. Further, interaction term finance technologies also significantly impacts D‐H causality test confirmed bidirectional or unidirectional relationship, asymmetric validated relationships among panel variables. combination drives economies channeling funds reduce carbon emissions, vulnerability, enhance resilience, communities cope with adverse effects change. This suggests some fundamental policy guidelines for advancing COP‐27 commitments, which aim neutrality resilience mid‐century, SDG‐13 emphasizes taking urgent actions combat its nations.

Language: Английский

Citations

0
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

Citations

0