scholarly journals Has Green Finance Facilitated China's Low-Carbon Economic Transition?

Author(s):  
Li Wenqi ◽  
Jingjing Fan ◽  
Jiawei Zhao

Abstract The development of green finance helps to promote the transition to a low-carbon economy. Using data from 30 provinces in China from 2001-2019, we empirically examine the impact of green finance on the transition to a low-carbon economy and further explore the mediating role of low-carbon technological innovation in this facilitation process. The study finds that (1) green finance can significantly contribute to the transformation of the low-carbon economy from China as a whole. However, when China is divided into four regions: east, central, west and northeast, the contribution of green finance to the low-carbon economic transition in the west is not significant. (2) After adding low-carbon technologies to the model, green finance still has a significant contribution to the low-carbon economic transition, but this contribution decreases with the intervention of low-carbon technologies. (3) There is a strong spatial dependence between green finance development and low-carbon economic transformation in 30 Chinese provinces. However, the dependence among provinces tends to weaken after 2011. And the overall green financial development in China shows a positive spillover effect on the low-carbon economic transition. Based on the analysis results, several countermeasures are proposed to promote the further development of China's low-carbon economy.

2014 ◽  
Vol 989-994 ◽  
pp. 1216-1219
Author(s):  
Jian Bo Hu

Contradiction between the environment and economic development have become increasingly prominent, high-carbon development model of the world economy is more difficult to maintain, low-carbon development has becomea strategic objective of all countries. Countries hold low-carbon technologies, the establishment of a green trade barriers, lack of core technology and our industry, lack of international competitiveness of exports facing enormous challenges. For this reason, the paper deeply analyzes the impact of a low-carbon economy on the international competitiveness of the industry and made a reasonable suggestions and strategies from both countries and companies on how to enhance the international competitiveness of industry.


2013 ◽  
Vol 742 ◽  
pp. 398-403 ◽  
Author(s):  
Yuan Yuan He ◽  
Xin Tan

Since the British first proposed the concept of "low-carbon economy", the international community had made a great effort in controlling greenhouse gas emissions and developing a low-carbon economy. However, the development of low-carbon economy is a top-down economic transformation driven by policy, which is different from the bottom-up economic transition driven by technology progress in the past. The influence of policy-making in low-carbon economy is everywhere, so the study of policy formulation and decision-making can be significant for low-carbon economy transition. This paper delivers a policy influence research method by constructing a regional low-carbon development model based on System Dynamics, and validates this model by comparing the simulation data and the Chinese calendar year statistics. Finally, some policy making suggestions based on the research are provided.


2013 ◽  
Vol 409-410 ◽  
pp. 660-663
Author(s):  
Xiao Wei Wu

the development of low carbon building is not only the requirement of current economic transition,it is also the realistic choice to implement Scientific Development Concept and to build "two type society". This paper briefly describes the connotation of low carbon buildings , and then illustrates the low-carbon economy background, the necessity of low carbon building development, and finally put forward the corresponding path selection.


2010 ◽  
Vol 160-162 ◽  
pp. 1067-1071
Author(s):  
Bao Zhu Sheng ◽  
Xiao Juan Chen

Building material industry which belongs to High-carbon is facing severe challenges and great opportunity when coping with global climatic change. Low-carbon is an inevitable trend that economy grows. Low-carbon economy is the backbone for economic transition and also the right way for people move towards future .By means of structural adjustment and technology innovation building material industry is destined to achieve full vitality in the transition to the low-carbon economy.


Author(s):  
Dongri Han ◽  
Tuochen Li ◽  
Shaosong Feng ◽  
Ziyi Shi

Facing the pressures of international carbon emission reduction, the transformation into a low-carbon economy has become a common issue of all countries. The core of developing a low-carbon economy is to increase carbon productivity, which can be measured as the economic benefits of unit carbon emissions. Therefore, using province-level panel data in China from 2009 to 2017, we analyze the carbon productivity level of each region, and empirically investigate the threshold effect of clean energy development on carbon productivity under different technological innovation levels. The results show that the carbon productivity is rising, and China’s economic development pattern has been shifting towards low-carbon and sustainable development. Furthermore, the driving force of clean energy development on carbon productivity is not monotonously increasing (decreasing) but is a “double threshold effect” of technological innovation capability. Finally, based on the research conclusions and realistic requirements of China’s low-carbon economic transformation, this paper proposes improving carbon productivity from the aspects of innovation capability improvement and institutional guarantee.


2014 ◽  
Vol 687-691 ◽  
pp. 4478-4481 ◽  
Author(s):  
Lei Yu

Based on rural as research object, this paper mainly combines the local rural development present situation to measure rural carbon emissions, and with the help of Kaya model respectively. The rural residents' energy consumption and carbon emissions are generated by the impact factors of agricultural production LMDI decomposition. And it established the cointegration model of influence factors of the carbon in the empirical analysis. It seek a accord with the actual situation of rural low carbon economy development path.


2020 ◽  
Vol 1 (2) ◽  
pp. 205-210
Author(s):  
David Yibakuo Amakiri ◽  
Solomon Ugochukwu Ezike

The responses of government to the novel coronavirus has snowballed into circumstances that can aptly be termed a new normal likewise are the ongoing efforts to transition to a low carbon economy. The effect of these combinations is a paradigm shift in the energy sector and the investments that underpin the linkages. Many aspects of these investments in the energy sector have also been thrown into murky waters arising from the hardship operators face now and the consequent inability to perform agreed obligations adequately. In a post-COVID-19 world, these scenarios pose legal risks and will be subject of energy arbitration proceedings. This article highlights the impact of COVID-19 on the energy industry, the claims emerging from it, and the repercussions for arbitration of energy disputes. It also highlights how these changes affect the quest for a just transition to a low-carbon economy.


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