The mitigating effect of digital inclusive finance development on urban environmental pollution: Insights from innovation capacity and financing constraints

Hongji Liao, Jiarui Zhang, Runze Gong and Wen Zhang

International Review of Financial Analysis, 2025, vol. 97, issue C

Abstract: Drawing upon city-level data spanning from 2011 to 2021, this paper delves into the implications of digital financial inclusion's development on mitigating urban environmental pollution. Our findings underscore the efficacy of digital inclusive finance in significantly reducing urban pollution. This effect is primarily attributed to digital inclusive finance's ability to foster urban innovation capacity, which in turn curbs environmental degradation. Furthermore, by alleviating financing constraints, digital inclusive finance plays a pivotal role in mitigating urban environmental pollution. Notably, the impact of digital inclusive finance on pollution reduction is particularly pronounced in central cities. This research offers compelling evidence for leveraging digital inclusive finance in environmental protection efforts and serves as a valuable reference for shaping future policies in this domain.

Keywords: Digital inclusive finance; Environmental pollution; Innovation ability (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1057521924007476
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:finana:v:97:y:2025:i:c:s1057521924007476

DOI: 10.1016/j.irfa.2024.103815

Access Statistics for this article

International Review of Financial Analysis is currently edited by B.M. Lucey

More articles in International Review of Financial Analysis from Elsevier
Bibliographic data for series maintained by Catherine Liu ().