Assessing the role of green finance in sustainable energy investments by power utilities: Evidence from China

被引:12
作者
Liu, Yang [1 ]
Zhao, Xiaomeng [2 ]
Dong, Kangyin [1 ]
Jiang, Qingzhe [1 ]
机构
[1] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China
[2] Univ Int Business & Econ, Int Business Strategy Inst, Beijing 100029, Peoples R China
关键词
Green finance; Sustainable energy utilities; Green technological innovation; RENEWABLE ENERGY; INNOVATION; CONSUMPTION; EVOLUTION; INDUSTRY; QUALITY; POLICY;
D O I
10.1016/j.jup.2023.101627
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
In the global effort to combat climate change and achieve sustainable development, advancing sustainable energy in the power sector has gained substantial attention. However, financing these initiatives remains a significant challenge. Green finance emerges as a promising solution, particularly in China. This research empirically investigates the impact of green finance on China's investments in sustainable energy utilities. Our findings highlight the effectiveness of green finance in driving the growth of sustainable energy generation, particularly in the wind and solar power sectors. Furthermore, green finance indirectly promotes sustainable energy generation by fostering green technological innovation.
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页数:12
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