| Title | The impact of green finance on the intensity and efficiency of carbon emissions: the moderating effect of the digital economy |
|---|---|
| ID_Doc | 62665 |
| Authors | Liu, WJ; Zhu, P |
| Title | The impact of green finance on the intensity and efficiency of carbon emissions: the moderating effect of the digital economy |
| Year | 2024 |
| Published | |
| Abstract | Carbon emissions have become a global challenge that threatens human development. Governments have taken various measures to reduce carbon emissions, and green finance is an important and innovative way to realize carbon emission reductions. This paper uses data on a prefecture-level city in China to explore the impact of green finance on carbon emission intensity from both theoretical and empirical perspectives, and analyzes the mechanisms by which green finance affects carbon emission intensity. On this basis, this paper further analyzes the impact of green finance on carbon emission efficiency. In addition, this paper introduces variables related to the digital economy to perform a comprehensive examination of the moderating effect of digital economy development on the relationship between green finance and both carbon emission intensity and efficiency. The results indicate that green finance reduces carbon emission intensity and that green innovation, green total factor productivity and the transformation and upgrading of industry are important mediating mechanisms. Meanwhile, analysis shows that green finance improves carbon emission efficiency. This paper also finds that the digital economy significantly enhances the role of green finance in reducing carbon emission intensity and promoting carbon emission efficiency, and makes a positive contribution to promoting carbon emission reduction. The findings will contribute to strengthening the government's capacity for environmental protection, developing green finance, and reducing carbon emissions. |
| https://www.frontiersin.org/articles/10.3389/fenvs.2024.1362932/pdf?isPublishedV2=False |
Similar Articles
| ID | Score | Article |
|---|---|---|
32836
|
Lei, TY; Luo, X; Jiang, JJ; Zou, K Emission reduction effect of digital finance: evidence from China(2023)Environmental Science And Pollution Research, 30.0, 22 | |
| 32470
|
Jiang, SS; Wang, L All paths to the same end?-a comparative study on carbon emissions reduction effects of digital finance and green finance(2024) | |
| 32988
|
Li, C; Zhao, Q; Wang, LP The Impact Mechanism and Effect Evaluation of Digital Economy Development on Regional Carbon Emission Reduction: Evidence from Provincial Panel Data in China(2024)International Journal Of Environmental Research, 18.0, 6 | |
| 30733
|
Zhang, ML; Liu, Y Influence of digital finance and green technology innovation on China's carbon emission efficiency: Empirical analysis based on spatial metrology(2022) | |
| 62351
|
Li, HM; Xu, RZ How does digital finance affect the efficiency of urban green economies? Evidence from China(2023) | |
| 62788
|
Shi, YR; Yang, B The coupling and coordinated development of digital finance and green finance under the vision of "dual carbon" and the examination of carbon emission reduction effect(2024) | |
| 30885
|
Javeed, SA; Cai, X; Latief, R Driving sustainable growth by unlocking the power of digital finance functions: the moderation of environmental regulations(2023) | |
| 62752
|
Yang, T; Wang, R; Chapman, AJ Research on the Impact of Green Finance and the Digital Economy on the Energy Consumption Structure in the Context of Carbon Neutrality(2023)Sustainability, 15, 22 | |
| 62710
|
Xuan, SY; Ge, WF; Yang, P; Zhang, YF Exploring digital finance, financial regulations and carbon emission nexus: New insight from resources efficiency, industrial structure and green innovation in China(2024) | |
| 33174
|
Liu, XH; Chong, Y; Di, DY; Li, GX Digital financial development, synergistic reduction of pollution, and carbon emissions: evidence from biased technical change(2023)Environmental Science And Pollution Research, 30.0, 50 |