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The impact of green digital finance on energy resources and climate change mitigation in carbon neutrality: Case of 60 economies

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  • Yu, Huaying
  • Wei, Wei
  • Li, Jinhe
  • Li, Ying

Abstract

Renewable energy projects have difficulties accessing finance, and digital finance can help fill the green finance gap. This study uses panel data from 60 emerging and non-emerging economies collected between 2010 and 2020 by employing pooled mean group method to show how green digital finance affects climate change mitigation from a resource-constraint viewpoint. The findings demonstrate that advocating for digitally accessible green finance helps to develop green and renewable energy resources and reduce CO2 emissions. The study provides practical policy recommendations.

Suggested Citation

  • Yu, Huaying & Wei, Wei & Li, Jinhe & Li, Ying, 2022. "The impact of green digital finance on energy resources and climate change mitigation in carbon neutrality: Case of 60 economies," Resources Policy, Elsevier, vol. 79(C).
    • Handle: RePEc:eee:jrpoli:v:79:y:2022:i:c:s0301420722005591
    DOI: 10.1016/j.resourpol.2022.103116
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    Cited by:

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    3. Larisa Vazhenina & Elena Magaril & Igor Mayburov, 2023. "Digital Management of Resource Efficiency of Fuel and Energy Companies in a Circular Economy," Energies, MDPI, vol. 16(8), pages 1-21, April.
    4. Lu, Ling & Liu, Peng & Yu, Jian & Shi, Xunpeng, 2023. "Digital inclusive finance and energy transition towards carbon neutrality: Evidence from Chinese firms," Energy Economics, Elsevier, vol. 127(PB).
    5. Xuan, Di & Jiang, Xiaoyan & Fang, Yan, 2023. "Can globalization and the green economy hedge natural resources? Functions of population growth and financial development in BRICS countries," Resources Policy, Elsevier, vol. 82(C).
    6. Wang, Yang & Taghizadeh-Hesary, Farhad, 2023. "Green bonds markets and renewable energy development: Policy integration for achieving carbon neutrality," Energy Economics, Elsevier, vol. 123(C).
    7. Huang, Chenchen & Lin, Boqiang, 2023. "Promoting decarbonization in the power sector: How important is digital transformation?," Energy Policy, Elsevier, vol. 182(C).
    8. Guo, Xiaohong & Tu, Yongqian, 2023. "How digital finance affects carbon intensity–The moderating role of financial supervision," Finance Research Letters, Elsevier, vol. 55(PA).
    9. Libin Feng & Zhengcheng Sun, 2023. "The Impact of Green Finance Pilot Policy on Carbon Intensity in Chinese Cities—Based on the Synthetic Control Method," Sustainability, MDPI, vol. 15(15), pages 1-21, July.

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