IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0300629.html
   My bibliography  Save this article

Research on risk management incentive strategy based on the green financial ecosystem

Author

Listed:
  • ZhongPing Cui
  • Shuang Lu
  • JinRong Liu

Abstract

Taking the green financial ecosystem composed of innovators, green financial institutions and regulators as the object of research, it explores the issue of how to improve the level of efforts of the three types of subjects and the benefits of risk management in the green financial ecosystem. The optimal level of effort, optimal level of return, and optimal level of return on risk management of green financial ecosystems for innovators, green financial institutions, and regulators under the three modes of No-incentive Contract, Cost-sharing Contract, and Synergistic Cooperation Contract are investigated and analyzed respectively, and verified by numerical simulation analysis. The results show: (1) Compared to the No-incentive Contract, the Cost-sharing Contract and the Synergy Cooperation Contract generate more significant incentives, and returns increase over time in both models. (2) The effort level of the participating subjects under the Synergistic Cooperation Contract is the highest, which can realize the Pareto optimization of the participating subjects and the green financial ecosystem at the same time. The study’s findings contribute to a deeper understanding of cooperation among innovators, green financial institutions and regulators in facilitating risk management in green financial ecosystems and provide a realistic reference for risk managers in green financial ecosystems.

Suggested Citation

  • ZhongPing Cui & Shuang Lu & JinRong Liu, 2024. "Research on risk management incentive strategy based on the green financial ecosystem," PLOS ONE, Public Library of Science, vol. 19(4), pages 1-29, April.
    • Handle: RePEc:plo:pone00:0300629
    DOI: 10.1371/journal.pone.0300629
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0300629
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0300629&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0300629?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hailei Zhao, 2023. "Risk Management of Supply Chain Green Finance Based on Sustainable Ecological Environment," Sustainability, MDPI, vol. 15(9), pages 1-15, May.
    2. Maxwell Chukwudi Udeagha & Edwin Muchapondwa, 2023. "Striving for the United Nations (UN) sustainable development goals (SDGs) in BRICS economies: The role of green finance, fintech, and natural resource rent," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3657-3672, October.
    3. Christoph Nedopil & Truzaar Dordi & Olaf Weber, 2021. "The Nature of Global Green Finance Standards—Evolution, Differences, and Three Models," Sustainability, MDPI, vol. 13(7), pages 1-23, March.
    4. Guo, Wen & Yang, Bo & Ji, Jiong & Liu, Xiaorui, 2023. "Green finance development drives renewable energy development: Mechanism analysis and empirical research," Renewable Energy, Elsevier, vol. 215(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ali Rıza Güngen, 2023. "New Multilateral Development Banks and Green Lending: Approaching Scalar Complexities in the Global South," Development and Change, International Institute of Social Studies, vol. 54(2), pages 251-279, March.
    2. Liu, Qingrui & Tang, Lu, 2022. "Research on the accelerating effect of green finance on the transformation of energy consumption in China," Research in International Business and Finance, Elsevier, vol. 63(C).
    3. Hwang, Young Kyu & Sánchez Díez, Ángeles, 2024. "Renewable energy transition and green growth nexus in Latin America," Renewable and Sustainable Energy Reviews, Elsevier, vol. 198(C).
    4. Mathias Lund Larsen, 2023. "Bottom-up market-facilitation and top-down market-steering: comparing and conceptualizing green finance approaches in the EU and China," Asia Europe Journal, Springer, vol. 21(1), pages 61-80, March.
    5. Cai, Zheng & Qian, Long, 2023. "Scarcity of mineral resources and governance and development of renewable energy projects in China," Resources Policy, Elsevier, vol. 86(PB).
    6. Guo, Wen & Yang, Bo & Ji, Jiong & Liu, Xiaorui, 2023. "Abundance of natural resources, government scale and green economic growth: An empirical study on urban resource curse," Resources Policy, Elsevier, vol. 87(PA).
    7. Borojo, Dinkneh Gebre & Yushi, Jiang & Gong, Xueting & Zhang, Hongyu & Miao, Miao, 2024. "The heterogeneous impacts of climate finance on energy efficiency and renewable energy production in developing countries," Renewable Energy, Elsevier, vol. 236(C).
    8. Chen, Jin & Meng, Wenfei & Dong, Yang & Zhou, Wei, 2025. "Geographic matching analysis between green finance development and carbon emissions in China’s new era of environmental transition," Research in International Business and Finance, Elsevier, vol. 73(PA).
    9. Nicol`o Barbieri & Kerstin Hotte & Peter Persoon, 2025. "The evolving boundary of green technology," Papers 2503.21310, arXiv.org.
    10. Abdelaal Ahmed Mostafa Ahmed Ragas & Alexander Chupin & Marina Bolsunovskaya & Alexander Leksashov & Svetlana Shirokova & Svetlana Senotrusova, 2023. "Accelerating Sustainable and Economic Development via Scientific Project Risk Management Model of Industrial Facilities," Sustainability, MDPI, vol. 15(17), pages 1-16, August.
    11. Christoph Nedopil & Mathias Larsen & Aurelie Chane‐Yook & Divya Narain, 2024. "Catching up with climate priorities: Understanding multilateral development banks' evolving approach to biodiversity," Global Policy, London School of Economics and Political Science, vol. 15(4), pages 660-675, September.
    12. Lee, Chien-Chiang & Li, Jiangnan & Wang, Fuhao, 2024. "The role of green finance in the construction of new energy system: Evidence from China," Energy Economics, Elsevier, vol. 139(C).
    13. Cao, Hongjian & Zhao, Yu & Yuan, Li & Li, Ke, 2024. "Does legislation promote technological innovation in renewable energy enterprises? Evidence from China," Energy Policy, Elsevier, vol. 188(C).
    14. Guang-Wen Zheng & Abu Bakkar Siddik & Mohammad Masukujjaman & Nazneen Fatema, 2021. "Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance," Sustainability, MDPI, vol. 13(18), pages 1-27, September.
    15. Baudino, Marco, 2024. "Oil rents, renewable energy and the role of financial development: Evidence from OPEC+ members," Resources Policy, Elsevier, vol. 99(C).
    16. Wenting Cheng, 2023. "The green investment principles: from a nodal governance perspective," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 23(3), pages 373-393, September.
    17. Liu, Xiaorui & Guo, Wen, 2025. "Dynamic impact of green finance on renewable energy development: Based on scale, structure, and efficiency perspectives," Renewable Energy, Elsevier, vol. 238(C).
    18. Neringa Slavinskaitė & Kristina Čižiūnienė & Vytautė Bundonytė, 2025. "Assessment of the Sustainable Supply Chain Finance Factors," Sustainability, MDPI, vol. 17(3), pages 1-18, January.
    19. Huang, Shuai & Tan, Huizhu, 2025. "Evaluating the effects of green supply chain, digital technologies, and energy prices on renewable energy innovations: A way forward for an emerging economy," Energy Economics, Elsevier, vol. 141(C).
    20. Abdullah Emre Caglar & Senem Gönenç & Mehmet Akif Destek, 2024. "Toward a sustainable environment within the framework of carbon neutrality scenarios: Evidence from the novel Fourier‐NARDL approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(6), pages 6643-6655, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0300629. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.