Analysis Of Prefectural Government Policies from 2005-2022 Green Financial Policy In China DOI
Xiaoxiao Zhou, Wei Liu,

Dengsheng Chen

et al.

Published: Jan. 1, 2023

The Chinese government has worked to develop lowcarbon green financing reduce greenhouse gas emissions, and contribute the battle against global warming ever since Kyoto Protocol took effect in 2005. This study used data mining compile more than 7,000 policy documents issued by various prefectural governments over last 18 years (i.e., 2005 – 2022) reveal development of China's finance policies. evolution structure intensity, instruments, object action were analyzed. relationship between financial policies level each prefecture city was further analyzed, shift 's focus on policymaking illustrated context reports. results indicate that (1) from 2022, experienced two qualitative leaps; (2) gradually begun administrative field market social fields; (3) part prefecture-level cities remains low not improved much with implementation policies.Therefore, should guide rather regulate.

Language: Английский

Does green finance promote low-carbon economic transition? DOI
Mingjun Hu,

Zhengling Sima,

Shiyu Chen

et al.

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 427, P. 139231 - 139231

Published: Oct. 9, 2023

Language: Английский

Citations

38

Striving for sustainable development: Green financial policy, institutional investors, and corporate ESG performance DOI
Xiaodong Lei, Jianglong Yu

Corporate Social Responsibility and Environmental Management, Journal Year: 2023, Volume and Issue: 31(2), P. 1177 - 1202

Published: Sept. 26, 2023

Abstract Environmental, social, and governance (ESG) practices play an increasingly important role in achieving sustainable development goals. Drawing on institutional theory, this paper empirically explores whether how green financial policy affects corporate ESG performance. Taking China's pilot for finance reform innovation (GFP) as a quasi‐natural experiment, we employ the difference‐in‐differences model to investigate causal relationship between We find that GFP significantly improves The results are robust series of checks such parallel trend examination, placebo test, mitigation omitted variable bias, alternative variables, exclusion contemporaneous policies. heterogeneity analysis shows positive impact performance is more pronounced firms with tighter constraints, higher agency costs, external pressures. On basis, further document investee ownership. above findings indicate formal institution government‐led can positively affect performance, market participants‐institutional investors help strengthen effect. Overall, our study sheds light significant promoting sustainability.

Language: Английский

Citations

29

Mapping the evolution of green finance through bibliometric analysis DOI Creative Commons
Nguyễn Minh Sáng

Environmental Economics, Journal Year: 2024, Volume and Issue: 15(1), P. 1 - 15

Published: Jan. 3, 2024

This bibliometric study seeks to analyze the intellectual structure and development of green finance research over a nearly 30-year period. Using Scopus data, comprehensive analysis 1,487 English-language publications on was conducted. The scope spans years from 1997 2024. investigates numerous facets scholarship, such as publication citation trends, influential works, authorship networks, geographic concentrations, conceptual links, developmental phases. Since 2015, number citations has increased significantly, indicating significant rise in academic industry interest. China is leader terms output influence, demonstrating its dominance field. However, it essential note that other Asia-Pacific countries, Japan Malaysia, have also made contributions Public policies, government initiatives, participation private sector are crucial accelerating investments promoting sustainability, evidenced by scholarly works subject. prospective future avenues, including bonds, credit investment, financial regulation, technology applications. Despite heavy reliance sources, this quantitative longitudinal mapping provides valuable insights into emergence evolution multidisciplinary AcknowledgmentIt express gratitude all those who contributed success study, particularly at Ho Chi Minh University Banking, Vietnam.

Language: Английский

Citations

10

How does green investment respond to ICT and financial development? DOI Creative Commons
Rongjia Chen, Muhammad Tariq Majeed

Borsa Istanbul Review, Journal Year: 2024, Volume and Issue: unknown

Published: June 1, 2024

Green investment has become the most effective option to support efforts mitigate worldwide climate change. Due efficacy of green in tackling change and global warming, researchers are searching for factors that can boost investment. Therefore, this analysis aims investigate information communications technology (ICT) financial development promoting polluted economies. The study analyzes aggregate data from economies using 2SLS, GMM, instrumental variables quantile regression estimators. In addition, we also perform regional by disaggregating into four regions: Asia, America, Africa, Europe. results reveal ICT, development, institutions, markets However, confirms favorable influence ICT on all regions, while boosts regions except Africa; institutions market promote America suggest policymakers must increase their reliance sector designing a policy

Language: Английский

Citations

6

Emerging new themes in green finance: a systematic literature review DOI Creative Commons
H. M. N. K. Mudalige

Future Business Journal, Journal Year: 2023, Volume and Issue: 9(1)

Published: Dec. 20, 2023

Abstract There is a need for an extensive understanding of the emerging themes and trends within domain green finance, which still evolving. By conducting systematic literature review on purpose this study to identify that have garnered significant attention over past 12 years. In order in bibliometric analysis was performed 978 publications were published between 2011 2023 taken from databases Scopus Web Science. The author examined annual scientific production, journal distribution, countries most relevant authors, frequent words, areas where empirical research lacking, words' frequency time, trend topics, finance. outcome identified following seven themes: (i) finance environmental sustainability; (ii) investments; (iii) innovation; (iv) policy/green credit guidelines; (v) economy; (vi) corporate social responsibility; (vii)trends/challenges/barriers/awareness these will contribute existing corpus knowledge provide valuable insights into landscape as it evolves.

Language: Английский

Citations

13

Pilot policies for low-carbon cities in China: a study of the impact on green finance development and energy carbon efficiency DOI
Jiazhan Gao,

Guihong Hua,

Baofeng Huo

et al.

Climate Policy, Journal Year: 2024, Volume and Issue: 25(1), P. 137 - 152

Published: June 3, 2024

Improving the efficiency of energy carbon emissions (ECEE) is crucial for China's pursuit high-quality development. This paper assesses low-carbon city pilot policy (LCCPP) as a strategic measure to enhance ECEE and its alignment with global efforts mitigate climate change. By analyzing panel data from 205 Chinese cities 2003 2016, this study evaluates LCCPP's effectiveness spatial spillover effects on ECEE. Results indicate 6.5% increase in compared non-pilot counterparts, these findings substantiated through extensive robustness checks. The analysis underlying mechanisms reveals that LCCPP boosts by promoting green finance co-agglomeration producer services manufacturing. Furthermore, policy's impact varies: it more substantial non-resource-based those advanced synergistic industry agglomerations. Employing difference-in-differences approach, uncovers an inverted U-shaped pattern ECEE, suggesting nuanced regional influence policy. research contributes understanding policy-driven environmental improvements their economic co-benefits within urban settings.

Language: Английский

Citations

5

Environmental commitments and Innovation in China's corporate landscape: An analysis of ESG governance strategies DOI
Lemuel Kenneth David, Jianling Wang, Vanessa Angel

et al.

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 349, P. 119529 - 119529

Published: Nov. 9, 2023

Language: Английский

Citations

12

Navigating the green finance frontier: a bibliometric and content analysis of green finance and environmental sustainability DOI Creative Commons
Ashish Kumar,

Suman Ahuja,

Nupur Soti

et al.

Cogent Economics & Finance, Journal Year: 2024, Volume and Issue: 12(1)

Published: Sept. 6, 2024

Language: Английский

Citations

4

Unpacking China’s climate policy mixes shows a disconnect between policy density and intensity in the post-Paris era DOI Creative Commons
Xiaoran Li, Shutong He,

Yao Gu

et al.

npj Climate Action, Journal Year: 2025, Volume and Issue: 4(1)

Published: March 24, 2025

Abstract As the world’s largest greenhouse gas emitter, China would make important contributions to achievement of Paris goals if it made economy-wide, strong policy interventions combat climate change. Despite a growing number studies on China’s governance, overall landscape and its key characteristics remain underexamined. To address this knowledge gap, we developed dataset 358 climate-related policies adopted by central government in 2016–2022 assessed mix including density, balance intensity. Our findings reveal that higher density does not equate stronger action. Significant variation also exists alignment with Nationally Determined Contributions, especially high-emitting sectors. Moreover, despite relatively balanced regulatory, economic, informational instruments, guarantee study shows challenges coherence calls for mechanisms integrate national into sectoral policies.

Language: Английский

Citations

0

The Impact of ESG News Sentiment on Green Bond Credit Spreads: Signal Transmission and Market Response DOI

Yilong Li,

Chen Xiaoqiu,

Liu Shucheng

et al.

Published: Jan. 1, 2025

Language: Английский

Citations

0