IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v27y2025i8d10.1007_s10668-024-04706-2.html
   My bibliography  Save this article

The impact of green finance development on energy poverty: Does climate risk matter?

Author

Listed:
  • Nana Liu

    (Nanjing Institute of Technology)

  • Yao Bai

    (Nanjing Institute of Technology)

  • Kang Zhu

    (Nanjing Institute of Technology)

  • Congying Ouyang

    (Nanjing Institute of Technology)

  • Rongjiang Cai

    (Macao Polytechnic University)

Abstract

Energy poverty (EP) presents a significant challenge to the global energy system while also hindering sustainable development in various countries. Based on an evaluation indicator system of EP, this paper explores whether green finance (GF) significantly alleviates EP in 30 provinces of China using the method of moment estimation quantile regression (MMQR), and investigates how climate risks affect the relationship between GF and EP. The findings are as follows: (1) GF has a significant alleviating effect on EP. It can provide funding and support for sustainable energy and energy efficiency projects, thereby improving people's energy supply and utilization. GF can alleviate EP at all quantiles, but the degree of alleviation varies. (2) Climate risks have a significant moderating effect on the negative relationship between GF and EP. However, the moderating effect is only significant at the 25th and 50th quantiles. This means that the alleviating effect of GF on EP is severely affected by climate risks, which is more prevalent in provinces with lower and medium EP. (3) This moderating effect indicates the existence of spatial heterogeneity, mainly in the western regions of China. Our findings offer guidance for attaining sustainable energy development and targeted EP reduction.

Suggested Citation

  • Nana Liu & Yao Bai & Kang Zhu & Congying Ouyang & Rongjiang Cai, 2025. "The impact of green finance development on energy poverty: Does climate risk matter?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(8), pages 18869-18897, August.
    • Handle: RePEc:spr:endesu:v:27:y:2025:i:8:d:10.1007_s10668-024-04706-2
    DOI: 10.1007/s10668-024-04706-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-024-04706-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-024-04706-2?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
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    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:spr:endesu:v:27:y:2025:i:8:d:10.1007_s10668-024-04706-2. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.