The impact of green financing on renewable energy growth in China: Insights from provincial data

被引:1
作者
Zheng, Li [1 ]
Wang, Juncheng [2 ]
Zhu, Xiaoneng [3 ]
机构
[1] Shanghai Univ Finance & Econ, Zhejiang Coll, Sch Finance, Jinhua 321013, Peoples R China
[2] Nanjing Audit Univ, Sch Finance, Nanjing 211815, Peoples R China
[3] Shanghai Univ Finance & Econ, Sch Finance, Shanghai 200433, Peoples R China
关键词
Renewable energy; Green financing; Sustainable development; Provincial data; ELECTRICITY CONSUMPTION; ECONOMIC-GROWTH; CO2; EMISSIONS; SECURITY;
D O I
10.1016/j.renene.2025.123385
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The research bases its objective evaluation of green financing effects on renewable energy expansion in China through a statistical analysis of provincial data from 2003 to 2021. Sustainable development requires attention to renewable energy promotion as a fundamental issue. The research defines its core issue through the evaluation of renewable energy adoption barriers and their relationship to green financial systems. This research analyzes green financing effects on renewable energy growth through econometric methods. Research and development (R&D) receive enhancement from green financing while economic resilience improves economic growth accelerates, and renewable energy adoption speeds up. A well-developed economy combined with strong government support plays an essential role in reaching these results. Green financing enables better development of innovative emerging renewable energy technologies above traditional power generation methods. Green financing creates a spillover effect which promotes renewable energy expansion throughout nearby areas in order to increase its overall impact.
引用
收藏
页数:12
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