Exploring the impact of sustainable finance on carbon emissions: Policy implications and interactions with low-carbon energy transition from China

被引:0
作者
Zhang, Wei [1 ]
Han, Jie [1 ]
Kuang, Shiyi [2 ]
Işık, Cem [3 ,4 ,5 ,6 ]
Su, Ya [1 ]
Ju Lai Ti, Gu Li Ni Ga Er [1 ]
Li, Su [1 ]
Xia, Zebang [1 ]
Muhammad, Anas [1 ]
机构
[1] School of Economics and Management, China University of Geosciences, No. 388, Lumo Road, Hubei Province, Wuhan City
[2] Beijing Normal University, No. 19 Xinjiekouwai Street, Haidian District, Beijing
[3] Department of Economics, Faculty of Economics and Administrative Sciences, Anadolu University, Tepebaşı, Eskişehir
[4] Faculty of Tourism, Atatürk University, Erzurum
[5] Azerbaijan State University of Economics (UNEC), Clinic of Economics, Baku
[6] Western Caspian University, Economic Research Center (WCERC), Baku
关键词
Environmental kuznets curve (EKC); Environmental performance; Green finance; Low-carbon energy transition; Transition finance;
D O I
10.1016/j.resourpol.2024.105272
中图分类号
学科分类号
摘要
With the increasing attention to environmental degradation and sustainable development goals, the low-carbon energy transition has emerged as a focal point in both academic and political realms. This research examines, under the framework of the Environmental Kuznets Curve, the impact of low-carbon energy transition, natural resource rents, and economic growth on environmental performance. Additionally, it delves into the regulatory role of green finance and transition finance in the nexus between low-carbon energy transition and environmental performance. The research findings reveal that the influence of low-carbon energy transition, economic growth, and natural resource rents on environmental performance exhibits distinct regional heterogeneity. The research also verifies the premise that the Environmental Kuznets Curve exists exclusively in the eastern area of China. Further investigation indicates that sustainable finance plays a crucial regulatory role in the relationship between low-carbon energy transition and environmental performance. According to these results, the paper suggests that provinces should establish dual environmental and economic goals and optimize financial policy design. Moreover, governments and enterprises should achieve sustainable development goals through means such as technological innovation, regulatory frameworks, and market mechanisms. © 2024 Elsevier Ltd
引用
收藏
相关论文
共 56 条
[1]  
AlNemer H.A., Hkiri B., Tissaoui K., Dynamic impact of renewable and non-renewable energy consumption on CO2 emission and economic growth in Saudi Arabia: fresh evidence from wavelet coherence analysis, Renew. Energy, 209, pp. 340-356, (2023)
[2]  
Aminu N., Clifton N., Mahe S., From pollution to prosperity: investigating the Environmental Kuznets curve and pollution-haven hypothesis in sub-Saharan Africa's industrial sector, J. Environ. Manag., 342, (2023)
[3]  
Anas M., Zhang W., Bakhsh S., Ali L., Isik C., Han J., Et al., Moving towards sustainable environment development in emerging economies: the role of green finance, green tech‐innovation, natural resource depletion, and forested area in assessing the load capacity factor, Sustain. Dev., (2023)
[4]  
Bakry W., Mallik G., Nghiem X.H., Sinha A., Vo X.V., Is green finance really “green”? Examining the long-run relationship between green finance, renewable energy and environmental performance in developing countries, Renew. Energy, 208, pp. 341-355, (2023)
[5]  
Bao Z.J., Shi C.Z., Tu W.Y., Li L.J., Li Q., Recent developments in modification of biochar and its application in soil pollution control and ecoregulation, Environ. Pollut., 313, (2022)
[6]  
Debrah C., Chan A.P.C., Darko A., Green finance gap in green buildings: a scoping review and future research needs, Build. Environ., 207, (2022)
[7]  
Elahi E., Li G., Han X., Zhu W., Liu Y., Cheng A., Yang Y., Decoupling livestock and poultry pollution emissions from industrial development: a step towards reducing environmental emissions, J. Environ. Manag., 350, (2024)
[8]  
Fareed Z., Rehman M.A., Adebayo T.S., Wang Y., Ahmad M., Et al., Financial inclusion and the environmental deterioration in Eurozone: the moderating role of innovation activity, Technol. Soc., 69, (2022)
[9]  
Gonzalez A., Germain R.M., Srivastava D.S., Filotas E., Dee L.E., Gravel D., Et al., Scaling-up biodiversity-ecosystem functioning research, Ecol. Lett., 23, 4, pp. 757-776, (2020)
[10]  
Halkos G.E., Tzeremes N.G., Exploring the existence of Kuznets curve in countries' environmental efficiency using DEA window analysis, Ecol. Econ., 68, 7, pp. 2168-2176, (2009)