Green finance and technological innovation: enhancing carbon emission control in China

Sultan Sikandar Mirza, Fan Zheng Yi, Francis Scrimgeour and Shaen Corbet
Additional contact information
Sultan Sikandar Mirza: University of Waikato
Fan Zheng Yi: University of Waikato Institute, HangzhouCityUniversity

Mitigation and Adaptation Strategies for Global Change, 2025, vol. 30, issue 6, No 5, 27 pages

Abstract: Abstract This study investigates the impact of green finance development (GFDI) on carbon emission reduction efficiency (CE_CCR) across 208 cities in China from 2010 to 2022. Our findings reveal that GFDI significantly promotes carbon emission reduction efficiency, an effect that is substantially amplified by green technological innovation, as measured by green patent applications and grants.. A heterogeneity analysis indicates regional and natural disparities, with middle and resource-based regions exhibiting a more pronounced effect. The results of the DID analysis of this study further underscore the importance of tailored policy interventions to enhance carbon emission control efficiency. Overall, our research highlights the crucial roles of green finance and technological advancements in promoting sustainable environmental development and effective carbon emission management in China.

Keywords: Green finance; Technological Innovation; Carbon Emission Efficiency; Environmental Policy; Sustainable Development; Data Envelopment Analysis; DID Analysis (search for similar items in EconPapers)
JEL-codes: G18 H23 O13 Q54 Q56 R11 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11027-025-10241-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:masfgc:v:30:y:2025:i:6:d:10.1007_s11027-025-10241-w

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11027

DOI: 10.1007/s11027-025-10241-w

Access Statistics for this article

Mitigation and Adaptation Strategies for Global Change is currently edited by Robert Dixon

More articles in Mitigation and Adaptation Strategies for Global Change from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().