Evaluating energy financing considerations and sustainable energy innovation with the role of financial development and energy development

被引：0
作者：
Sergey Evgenievich Barykin
Sergey Mikhailovich Sergeev
Angela Bahauovna Mottaeva
Elena De La Poza Plaza
Natalya Vladimirovna Baydukova
Alexander Viktorovich Gubenko
机构：
[1] Peter the Great St. Petersburg Polytechnic University,Graduate School of Service and Trade
[2] Peter the Great St. Petersburg Polytechnic University,Graduate School of Industrial Management
[3] Financial University Under the Government of the Russian Federation,Department of Management and Innovations
[4] Universitat Politècnica de València,Center for Economic Engineering (INECO)
[5] Saint Petersburg State University of Civil Aviation,Department of Economics
来源：
Environmental Science and Pollution Research | 2023年 / 30卷
关键词：
Energy financing considerations; Financial development; Sustainable energy innovation; Energy development; Bank loans; Fuzzy AHP-TOPSIS;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
The purpose of the study is to test the role of energy development in energy financing considerations for sustainable energy innovation and financial development. To achieve the study objective, a fuzzy decision-making modeling technique is applied. The results revealed that bank loans are now the main source of financing for innovation and creativity in Chinese business entities. Project-based financing might be replaced with collaborative and sustainable energy innovation (CSI), warranting energy development. Moreover, green financing loan schemes invest both public and private funds in sustainable energy innovation to capitalize on financial development through sustainable energy innovation. The consideration and application of financial consideration for sustainable energy innovation-financing projects or companies are limitless. Providing for screening energy development cooperation proposals with small financial payback hurdle rates might have large opportunity costs. There may be a case for governments to increase industrial growth, improve resource efficiency, and increase factor productivity while tackling climate change. Economic growth in China may have an even greater influence on environmental sustainability than in other countries. On such points, there is a need to pay the attention. If the suggested policy suggestions are implemented successfully, they would help to enhance the scope of financing considerations for sustainable energy innovation to uplift financial development through energy development mechanisms at the corporate level.
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页码：6849 / 6863
页数：14
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