Scenario analysis on the global carbon emissions reduction goal proposed in the declaration of the 2009 G8 Summit

2009 ◽  
Vol 52 (11) ◽  
pp. 1694-1702 ◽  
Author(s):  
JingYun Fang ◽  
ShaoPeng Wang ◽  
Chao Yue ◽  
JiangLing Zhu ◽  
ZhaoDi Guo ◽  
...  
Keyword(s):  
Scenario Analysis ◽  
Carbon Emissions ◽  
Emissions Reduction ◽  
Carbon Emissions Reduction ◽  
Global Carbon

scholarly journals An Examination of Green Credit Promoting Carbon Dioxide Emissions Reduction: A Provincial Panel Analysis of China

2021 ◽  
Vol 13 (13) ◽  
pp. 7148
Author(s):  
Wenjie Zhang ◽  
Mingyong Hong ◽  
Juan Li ◽  
Fuhong Li
Keyword(s):  
Carbon Dioxide ◽  
Carbon Emissions ◽  
Carbon Dioxide Emissions ◽  
Industrial Structure ◽  
Emissions Reduction ◽  
Green Finance ◽  
Carbon Emissions Reduction ◽  
Negative Effect ◽  
Emissions Intensity ◽  
The Impact

The implementation of green finance is a powerful measure to promote global carbon emissions reduction that has been highly valued by academic circles in recent years. However, the role of green credit in carbon emissions reduction in China is still lacking testing. Using a set of panel data including 30 provinces and cities, this study focused on the impact of green credit on carbon dioxide emissions in China from 2006 to 2016. The empirical results indicated that green credit has a significantly negative effect on carbon dioxide emissions intensity. Furthermore, after the mechanism examination, we found that the promotion impacts of green credit on industrial structure upgrading and technological innovation are two effective channels to help reduce carbon dioxide emissions. Heterogeneity analysis found that there are regional differences in the effect of green credit. In the western and northeastern regions, the effect of green credit is invalid. Quantile regression results implied that the greater the carbon emissions intensity, the better the effect of green credit. Finally, a further discussion revealed there exists a nonlinear correlation between green credit and carbon dioxide emissions intensity. These findings suggest that the core measures to promote carbon emission reduction in China are to continue to expand the scale of green credit, increase the technology R&D investment of enterprises, and to vigorously develop the tertiary industry.

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