| Title | How Does Green Credit Promote Carbon Reduction? A Mediated Model |
|---|---|
| ID_Doc | 35203 |
| Authors | Lyu, B; Da, JY; Ostic, D; Yu, HC |
| Title | How Does Green Credit Promote Carbon Reduction? A Mediated Model |
| Year | 2022 |
| Published | |
| Abstract | Using China's provincial panel data from 2006 to 2016, this paper develops a dynamic panel data model to investigate the impact and mechanism of green credit on carbon emissions at the national and regional levels. According to the findings, green credit significantly reduces carbon emissions, with the eastern region having the greatest reduction effect. Green credit, with the exception of the western region, has a strong positive impact on disruptive low-carbon innovation. When green credit is combined with disruptive low-carbon innovation, both can significantly reduce carbon emissions; however, the green credit impact diminishes. It can be concluded that disruptive low-carbon innovation has a mediation effect on green credit's contribution to carbon emission reduction. As a result, China should broaden the scope of green credit, concentrate on providing high-quality low-carbon patented technology to science and technology enterprises, and alleviate their financing constraints. Furthermore, these enterprises should increase their output of disruptive low-carbon innovation while lowering carbon emissions through technological innovation. |
| https://www.frontiersin.org/articles/10.3389/fenvs.2022.878060/pdf |
Similar Articles
| ID | Score | Article |
|---|---|---|
32028
|
Zhang, WJ; Hong, MY; Li, J; Li, FH An Examination of Green Credit Promoting Carbon Dioxide Emissions Reduction: A Provincial Panel Analysis of China(2021)Sustainability, 13, 13 | |
| 31578
|
Liu, ZL; He, SG; Li, WT; Sun, HB Does green credit reduce carbon emissions? Evidence from China(2023)Environmental Science And Pollution Research, 30, 10 | |
| 31639
|
Wang, N; Yu, H; Shu, Y; Chen, Z; Li, T Can green patents reduce carbon emission intensity?-An empirical analysis based on China's experience(2022) | |
| 30118
|
Chen, ZG; Zhang, YQ; Wang, HS; Ouyang, X; Xie, YX Can green credit policy promote low-carbon technology innovation?(2022) | |
| 35603
|
Wu, DQ; Song, WP Understanding the role of green finance and innovation in achieving the sustainability paradigm: application of system GMM approach(2023)Environmental Science And Pollution Research, 30, 14 | |
| 31251
|
Cao, LL; Niu, HW Green Credit and Total Factor Carbon Emission Performance-Evidence from Moderation-Based Mediating Effect Test(2022)International Journal Of Environmental Research And Public Health, 19, 11 | |
| 32321
|
Wang, YF Can the green credit policy reduce carbon emission intensity of "high-polluting and high-energy-consuming" enterprises? Insight from a quasi-natural experiment in China(2023) | |
| 31368
|
Chen, X; Chen, ZG Can Green Finance Development Reduce Carbon Emissions? Empirical Evidence from 30 Chinese Provinces(2021)Sustainability, 13, 21 | |
| 30326
|
Ding, YQ; Hu, YF Accelerating efficiency of green technology innovation on carbon mitigation under low-carbon regulation(2022) | |
| 35543
|
Chen, XH; Mao, Y; Cheng, JX; Wei, P; Li, XM Green financial policy, technological advancement reversal, assessment of emission reduction effects(2024) |