气候变化领域集成服务门户(CCPortal): Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D

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DOI	10.1016/j.eneco.2022.106183
	Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D
	Zhang, Dongyang; Mohsin, Muhammad; Taghizadeh-Hesary, Farhad
发表日期	2022
ISSN	0140-9883
EISSN	1873-6181
卷号	113
英文摘要	Economies must decarbonize their energy sectors to meet their climate-policy objectives. This requires high investment in low-carbon energy infrastructure; however, there is a shortage of financial resources. In this study, based on data from 2008 to 2018 G-20 economies, we estimated the impact of green finance and digital finance on environmental protection using a quantile regression model. The results show that CO2 emissions in the environment are reduced by green finance, renewable energy investment, and technological innovation, as shown in the panel quantile regression findings, whereas CO2 emissions are increased by factors such as economic growth, energy consumption, trade, and foreign direct investment. This study proposes different ways for policymakers to increase the impact of green finance, promote digital finance, and create a carbon-trading market for sustainable development.
英文关键词	Green finance; Technology innovation; Renewable energy investment; Quantile regression; Sustainable development
语种	英语
WOS研究方向	Economics
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000882699600006
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280651
作者单位	Capital University of Economics & Business; Jiangsu University; Tokai University; Tokai University
推荐引用方式 GB/T 7714	Zhang, Dongyang,Mohsin, Muhammad,Taghizadeh-Hesary, Farhad. Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D[J],2022,113.
APA	Zhang, Dongyang,Mohsin, Muhammad,&Taghizadeh-Hesary, Farhad.(2022).Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D.ENERGY ECONOMICS,113.
MLA	Zhang, Dongyang,et al."Does green finance counteract the climate change mitigation: Asymmetric effect of renewable energy investment and R&D".ENERGY ECONOMICS 113(2022).