SSRN Electronic Journal, Journal Year: 2023, Volume and Issue: unknown
Published: Jan. 1, 2023
The use of green finance to slow down global warming in support sustainable development remains widely discussed. This study examines whether investment structure moderates the impact on environment China, one top carbon-emitting nations and second-largest economy world. We primarily used moments-quantile regression approach with fixed-effect models panel data from 1992Q1 2020Q4. First, results confirmed that public private investments worked synergistically lower CO2 emissions, especially Central Western China. However, there was no proof foreign direct were complementary reducing emissions unlike region. Second, marginally lowered all provinces, mainly Eastern China; this reduction largely dependent region’s most polluting areas China’s least provinces. Third, beneficial effect occurred at varying optimal thresholds investment-related conditions across Chinese regions different quantiles. Lastly, we showed contrast variable impacts urbanization, oil prices, economic growth quantiles, renewable energy, trade openness reduced emissions. In conclusion, makes some policy recommendations for development, an important model which other countries can tailor their strategies environmentally friendly policies.
Language: Английский