Effect of Green Finance on Industrial Carbon Emissions in China——Empirical Analysis Based on Provincial Panel Data

Autor: Zhou Yingying, Zhou Zhuoran, Zhang Youxin, Chang Yilin
Jazyk: English<br />French
Rok vydání: 2023
Předmět:
Zdroj: E3S Web of Conferences, Vol 441, p 03024 (2023)
Druh dokumentu: article
ISSN: 2267-1242
DOI: 10.1051/e3sconf/202344103024
Popis: Based on the Environmental Kuznets Curve (EKC), this paper empirically analyzes the impact of green finance development on industrial carbon emissions in China by using the panel data of Chinese mainland province. It is found that the development of green finance has significantly suppressed the industrial carbon emissions in China. Heterogeneity test shows that the inhibition effect on carbon emission in central China is the most obvious, and the inhibition effect on carbon emission in eastern and western regions decreases in turn. Technological progress significantly inhibits carbon emissions, especially in central China, followed by the western region and finally the eastern region. It is suggested to improve the green and low-carbon financing system, support the optimization of energy consumption structure and guide substantive technological progress, so as to promote the realization of carbon emission reduction targets.
Databáze: Directory of Open Access Journals