The construction of green finance and high-quality economic development under China's SDGs target.
Government executives
Green finance
High-quality economic development
Market index
Journal
Environmental science and pollution research international
ISSN: 1614-7499
Titre abrégé: Environ Sci Pollut Res Int
Pays: Germany
ID NLM: 9441769
Informations de publication
Date de publication:
Nov 2023
Nov 2023
Historique:
received:
22
06
2023
accepted:
21
07
2023
medline:
15
11
2023
pubmed:
28
7
2023
entrez:
27
7
2023
Statut:
ppublish
Résumé
The study of top economic growth with the goal of Sustainable Development Goals (SDGs) has become an important issue in the world, and scholars have analyzed high-quality economic development(HED) influencing factors from many perspectives, but there are few studies on green finance(GF) and high-quality economic development(HED). we examine the logical link between green financing and high-quality economic development, as well as the transmission mechanism behind this relationship. Using data from 30 Chinese regions from 2011 to 2021, our empirical study shows that green financing may improve high-quality economic development. Several robustness tests show that this association exists. Furthermore, our findings indicate that more robust government governance and market synergy may promote green finance for high-quality economic development. Green finance can enhance high-quality economic development by minimizing resource mismatch and encouraging green technology advancement. Simultaneously, green finance for high-quality economic development is significantly heterogeneous. Green credit and green insurance are important forms of support for promoting high-quality economic development, with significantly higher impacts in the eastern regions than in the central and western regions. Our research offers policymakers insights on encouraging green finance growth in China.
Identifiants
pubmed: 37501035
doi: 10.1007/s11356-023-28977-w
pii: 10.1007/s11356-023-28977-w
doi:
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM
Pagination
111891-111902Subventions
Organisme : Applied research Project on Humanities and Social Sciences in Shandong Province
ID : 2021-YYJJ-01
Informations de copyright
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
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