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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
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