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Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation

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  • Yang, Xiaodong
  • Hunjra, Ahmed Imran
  • Alharbi, Samar S.
  • Zhao, Shikuan

Abstract

Digital inclusive finance combines traditional finance with digital technology, providing unlimited opportunities for low-carbon green technological innovation. This study analyzes the impact of digital inclusive finance on low-carbon green technological innovation. Results reveal that digital inclusive finance significantly promotes low-carbon green technological innovation by enhancing the corporate governance level and alleviating financing constraints. It also finds heterogeneity across regions, levels of competitive industries, and types of enterprise pollution. The impact digital inclusive finance on low-carbon green technological innovation is pronounced in the eastern and western regions, high levels of competitive industries and non-heavily polluting enterprises. Conversely, the effect is insignificant in the central region, low levels of competitive industries and heavily polluting enterprises.

Suggested Citation

  • Yang, Xiaodong & Hunjra, Ahmed Imran & Alharbi, Samar S. & Zhao, Shikuan, 2025. "Towards more inclusive finance: Exploring the mystery of low carbon green technological innovation," Research in International Business and Finance, Elsevier, vol. 78(C).
    • Handle: RePEc:eee:riibaf:v:78:y:2025:i:c:s0275531925002478
    DOI: 10.1016/j.ribaf.2025.102991
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