Title |
The convergence of digital finance and green investments: opportunities, risks, energy transitions and regulatory considerations |
ID_Doc |
62405 |
Authors |
Bi, JY; Qi, Y |
Title |
The convergence of digital finance and green investments: opportunities, risks, energy transitions and regulatory considerations |
Year |
2024 |
Published |
Economic Change And Restructuring, 57, 3 |
DOI |
10.1007/s10644-024-09680-3 |
Abstract |
The financial industry is transforming due to the confluence of digital finance and green investments, which brings unprecedented potential and problems. This study rigorously examines the consequences of implementing carbon taxes on financial reporting in the corporate sectors of the European Union from 2000 to 2020. We utilize a comprehensive econometric model that includes stable variables, past patterns, and industry-specific differences to examine a dataset of business financial disclosures. Our goal is to determine the magnitude and characteristics of the impact caused by carbon taxes on reporting practices. This presentation highlights the possibilities for speeding up the world's energy transitions as it examines the synergies between sustainable investments and digital finance. The financial industry's growing use of digital technology makes green financing and ecologically responsible investments possible. However, there are also hazards associated with this convergence, which makes a thorough grasp of regulatory structures necessary. |
Author Keywords |
Carbon taxes; Financial reporting; Corporate sectors; Climate change mitigation |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Social Science Citation Index (SSCI) |
EID |
WOS:001210808300001 |
WoS Category |
Economics |
Research Area |
Business & Economics |
PDF |
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