Sustainability, Journal Year: 2025, Volume and Issue: 17(11), P. 4813 - 4813
Published: May 23, 2025
In alignment with China’s carbon peak and neutrality commitments, digital inclusive finance (DIF) has emerged as a strategic instrument for emission mitigation, facilitated by coordinated policy interventions market-driven innovations. This study conducted an original multi-dimensional investigation into DIF’s intensity reduction effects through integrated analytical framework. Employing two-way fixed mediation analysis models, we systematically evaluated both direct impacts green-credit-mediated pathways using panel data across 247 Chinese cities from 2011 to 2020. A dynamic Spatial Durbin model further elucidated the spatiotemporal evolution of spatial spillover effects. It was found that DIF development can reduce cities, in particular, this phenomenon shows different types cities. Green credit mechanisms effectively mediate their decarbonization process DIF, confirming key role financial intermediation. addition, strong cross-regional effect, its impact transcends local administrative jurisdictions. The results will provide valuable insights practical recommendations policymakers stakeholders develop effective strategies contribute sustainable China globally.
Language: Английский