Nexus among digital inclusive finance and carbon neutrality: Evidence from company-level panel data analysis

Weiwei Wang, Pengpeng Gao and Jiahaoran Wang

Resources Policy, 2023, vol. 80, issue C

Abstract: This research examined the effects of digital finance and renewable energy investment on carbon neutrality using Chinese companies' panel data from 2005 to 2020 in 30 Chinese provinces. The findings demonstrate that inclusive digital financing may directly lower carbon intensity. It can also impact carbon intensity by enhancing the industrial structure and resource efficiency and encouraging green technologies. The marginal impact of digital financing is lower for big enterprises (larger for small firms). This is in line with the reality that small businesses face more difficulties in accessing finance. Digital finance opens new funding avenues for such businesses to achieve sustainability. The inclusive feature of digital financing, as opposed to conventional banking, may enhance private businesses' green innovation.

Keywords: Digital inclusive finance; Carbon neutrality; Renewable energy; Resources efficiency (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420722006444
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:80:y:2023:i:c:s0301420722006444

DOI: 10.1016/j.resourpol.2022.103201

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().