Green finance and environmental pollution: Evidence from China

被引：14

作者：

Zhang, Yongji ^{[1
]}

Bawuerjiang, Reziya ^{[2
]}

Lu, Meiting ^{[3
]}

Li, Yiqiong ^{[4
]}

Wang, Ke ^{[1
]}

机构：

[1] Beijing Inst Technol, Sch Management, Beijing 100081, Peoples R China

[2] City Univ Hong Kong, Coll Business, Hong Kong, Peoples R China

[3] Macquarie Univ, Dept Accounting & Corp Governance, Sydney, Australia

[4] Univ Queensland, Business Sch, Brisbane, Australia

来源：

ECONOMIC ANALYSIS AND POLICY | 2024年 / 84卷

关键词：

Green finance; Environmental pollution; Industrial structure; Energy mix; Green technology; SYSTEM; FIRMS;

D O I：

10.1016/j.eap.2024.08.022

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Green finance has emerged as a vital tool in addressing the dual imperatives of environmental protection and economic growth. This study investigates the relationship between green finance initiatives and environmental pollution in China. Drawing on urban data spanning from 2006 to 2021, we employ a comprehensive analysis to discern the impact of green finance policies on mitigating environmental degradation. Our findings highlight the pivotal role of green finance in reducing pollution through channels such as industrial structure optimization, energy mix transformation, and the promotion of green technology. Moreover, we identify specific conditions under which green finance interventions prove most effective, including regions characterized by robust digital economy development, competitive commercial banking, and stringent government environmental regulations. By shedding light on the nuanced interplay between green finance and environmental outcomes, this research underscores the importance of targeted policy measures in fostering ecological sustainability within China's evolving economic landscape.

引用

页码：98 / 110

页数：13

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