IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v16y2025i1d10.1007_s13132-024-01996-9.html
   My bibliography  Save this article

Environmental Risk Identification and Green Finance Development Based on Multi-scale Fusion Recognition Network

Author

Listed:
  • Meili Tang

    (Jiangxi Normal University)

  • Xiaoyuan Li

    (Jiangxi Normal University)

Abstract

This paper aims to enhance the resilience of financial enterprises against environmental risks by leveraging financial data analysis tools. The approach involves designing environmental risk assessment indicators and rating criteria. The study utilizes a convolutional neural network model extended by a multi-scale feature fusion module to analyze environmental risk information in the industry. The proposed model achieves impressive results with accuracy (Acc), precision (P), recall (R), and F1 scores reaching 99.09, 96.31, 95.32, and 95.64, respectively. These metrics outperform those of comparison models. The success of this model is anticipated to pave the way for the transformation of green finance through automated industry-level environmental risk assessment. Furthermore, the method’s adaptability extends beyond environmental risks, offering a scalable solution for identifying and assessing environmental risks in various contexts.

Suggested Citation

  • Meili Tang & Xiaoyuan Li, 2025. "Environmental Risk Identification and Green Finance Development Based on Multi-scale Fusion Recognition Network," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 1291-1306, March.
    • Handle: RePEc:spr:jknowl:v:16:y:2025:i:1:d:10.1007_s13132-024-01996-9
    DOI: 10.1007/s13132-024-01996-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-024-01996-9
    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/s13132-024-01996-9?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 search for a different version of it.

    References listed on IDEAS

    as
    1. Hong Yi & Xue Meng & Yuting Linghu & Ziyu Zhang, 2023. "Can financial capability improve entrepreneurial performance? Evidence from rural China," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(1), pages 1631-1650, March.
    2. Gao, Huasheng & Shi, Donghui & Zhao, Bin, 2021. "Does good luck make people overconfident? Evidence from a natural experiment in the stock market," Journal of Corporate Finance, Elsevier, vol. 68(C).
    3. Vanessa Simen Tchamyou, 2017. "The Role of Knowledge Economy in African Business," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(4), pages 1189-1228, December.
    4. Christoph Kreiterling, 2023. "Digital innovation and entrepreneurship: a review of challenges in competitive markets," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-13, December.
    5. Izabella V. Lokshina & Cees J.M. Lanting & Barbara J. Durkin, 2018. "IoT- and Big Data-Driven Data Analysis Services for Third Parties, Strategic Implications and Business Opportunities," International Journal of Social Ecology and Sustainable Development (IJSESD), IGI Global, vol. 9(3), pages 34-52, July.
    6. Zhang, Xu & Yang, Xian & He, Qizhi, 2022. "Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes," The North American Journal of Economics and Finance, Elsevier, vol. 62(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. Luqman, Muhammad & Mugheri, Adil & Ahmad, Najid & Soytas, Ugur, 2023. "Casting shadows on natural resource commodity markets: Unraveling the quantile dilemma of gold and crude oil prices," Resources Policy, Elsevier, vol. 86(PA).
    2. Du, He & Zhang, Chunguang, 2024. "Economic policy uncertainty and natural resources commodity prices: A comparative analysis of pre- and post-pandemic quantile trends in China," Resources Policy, Elsevier, vol. 88(C).
    3. Dong, Zhu & Shi, Hui, 2023. "Does natural resources efficiency provide roadmap for economic development in China? Evidence from econometric analysis," Resources Policy, Elsevier, vol. 86(PB).
    4. Zhang Xiufan & Fan Decheng, 2024. "Research on Digital Transformation and Organizational Innovation of Manufacturing Firms Based on Knowledge Field," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 15860-15903, December.
    5. Jean C. Kouam & Simplice Asongu, 2022. "The non-linear effects of fixed broadband on economic growth in Africa," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 50(5), pages 881-895, August.
    6. Asongu, Simplice & Tchamyou, Vanessa & Asongu, Ndemaze & Tchamyou, Nina, 2018. "The Comparative African Economics of Governance in Fighting Terrorism," MPRA Paper 92346, University Library of Munich, Germany.
    7. Adu-Gyamfi, Richard & Kuada, John & Asongu, Simplice, 2018. "An Integrative Framework for Entrepreneurship Research in Africa," MPRA Paper 89133, University Library of Munich, Germany.
    8. Simplice A. Asongu & Nicholas M. Odhiambo, 2023. "Female unemployment, mobile money innovations and doing business by females," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-26, December.
    9. Asongu, Simplice & Amavilah, Voxi & Andrés, Antonio R., 2014. "Economic Implications of Business Dynamics for KE-Associated Economic Growth and Inclusive Development in African Countries," MPRA Paper 63793, University Library of Munich, Germany.
    10. Simplice Asongu & Nicholas Odhiambo, 2020. "Thresholds of income inequality that mitigate the role of gender inclusive education in promoting gender economic inclusion in sub-Saharan Africa," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 17(1), pages 106-126, January.
    11. Asongu, Simplice & Boateng, Agyenim & Akamavi, Raphael, 2016. "Mobile Phone Innovation and Inclusive Human Development: Evidence from Sub-Saharan Africa," MPRA Paper 75046, University Library of Munich, Germany.
    12. Asongu, Simplice A. & Nnanna, Joseph & Acha-Anyi, Paul N., 2020. "Finance, inequality and inclusive education in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 67(C), pages 162-177.
    13. Emon Kalyan Chowdhury, 2025. "Drivers of entrepreneurship development in South Asia: empirical insights and policy recommendations," Journal of Innovation and Entrepreneurship, Springer, vol. 14(1), pages 1-30, December.
    14. Simplice A. Asongu & Oasis Kodila-Tedika, 2020. "Intelligence and Slave Exports from Africa," Journal of Interdisciplinary Economics, , vol. 32(2), pages 145-159, July.
    15. Abdulqadir, Idris A. & Asongu, Simplice A., 2022. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 44-61.
    16. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2021. "The Openness Hypothesis in the Context of Economic Development in Sub-Saharan Africa: The Moderating Role of Trade Dynamics on FDI," The International Trade Journal, Taylor & Francis Journals, vol. 35(4), pages 336-359, July.
    17. Simplice A. Asongu & Uchenna R. Efobi & Belmondo V. Tanankem & Evans S. Osabuohien, 2019. "Globalisation and Female Economic Participation in Sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 19/019, African Governance and Development Institute..
    18. Simplice A. Asongu & Joseph Nnanna, 2020. "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute. 20/024, African Governance and Development Institute..
    19. Asongu, Simplice A. & Adegboye, Alex & Ejemeyovwi, Jeremiah & Umukoro, Olaoluwa, 2021. "The mobile phone technology, gender inclusive education and public accountability in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 45(4).
    20. Chien, Fengsheng & Anwar, Ahsan & Hsu, Ching-Chi & Sharif, Arshian & Razzaq, Asif & Sinha, Avik, 2021. "The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries," Technology in Society, Elsevier, vol. 65(C).

    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:jknowl:v:16:y:2025:i:1:d:10.1007_s13132-024-01996-9. 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: 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.