Can Green Infrastructure Investment Reduce Urban Carbon Emissions:Empirical Evidence from China
Kunpeng Ai and
Xiangwu Yan ()
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Kunpeng Ai: School of Political Science and Public Administration, Henan Normal University, Xinxiang 453007, China
Xiangwu Yan: School of Economics, Zhejiang University of Finance & Economics, Hangzhou 310018, China
Land, 2024, vol. 13, issue 2, 1-18
Abstract:
Green infrastructure (GI) plays a pivotal role in contemporary urban infrastructure. Green infrastructure investment (GII) provides a fresh perspective for controlling urban carbon emissions in the context of global climate change. Based on theoretical analysis, we employed panel data from Chinese cities to examine the effects and operating mechanisms of GII on urban carbon emissions. The research reveals that the incremental GII can notably decrease urban carbon emissions, and various robustness tests and endogeneity checks corroborate this finding. However, when considering the cumulative effect, the GII stocks do not appear to influence urban carbon emissions; GII mitigates urban carbon emissions by drawing in pollution control talents, improving the efficiency of household waste treatment, increasing urban green spaces, and heightening public attention to the environment. Relative to cities in the central-western region, northern cities, smaller cities, resource-based cities, smart pilot cities, and cities with a lesser environmental emphasis, GII is more effective in curbing carbon emissions in eastern cities, southern cities, larger cities, non-resource-intensive cities, cities not in the smart pilot initiative, and cities with a stronger environmental focus. This research enhances the understanding of GI’s environmental outcomes and the determinants of urban carbon emissions from an investment viewpoint. It also dissects the four operative mechanisms through which GII lowers urban carbon emissions, offering a novel interpretation of GII for the variance in carbon emission levels across cities with diverse traits.
Keywords: global warming; green infrastructure investment; urban carbon emissions; operating mechanism (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)
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