The Effect of Green Finance on Energy Sustainable Development: A Case Study in China

Bufan Zhang · Yifeng Wang

228 citations0/0 files storedEmerging Markets Finance and Trade

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Sustainable Finance and Green Bonds Energy, Environment, Economic Growth Energy and Environmental Sustainability

Abstract

Green finance development is a comprehensive system with three aspects interacted: economic, environmental, and financial activities. Based on its internal mechanism, this paper constructs an evaluation system of green finance development, which fills the absence of existing studies on green finance development. The internal development of green finance is transformed into three subsystems by PSR (Pressure-State-Response) model, and the evaluation scores are calculated by the entropy weight method. As the applications of the evaluation system, the horizontal comparison and vertical trend of green finance development in different regions of China from 2004 to 2017 are analyzed, and the relationship between green finance and sustainable energy development can also be quantitatively analyzed. The results show that sustainable energy development can be promoted through the development of green finance, using various measures in dimensions of economic development, financial development, and environmental development.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 228 citations exist upstream.

References

2016The Role of Green Finance in Environmental Protection: Two Aspects of Market Mechanism and Policies 2006Finance as a Driver of Corporate Social Responsibility 2016Comparison of China's primary energy consumption forecasting by using ARIMA (the autoregressive integrated moving average) model and GM(1,1) model 2016Green finance for sustainable green economic growth in India 2017Green insurance subsidy for promoting clean production innovation 2018From financial instability to green finance: the role of banking and credit market regulation in the Eurace model

Cited by

2021The impact of environmental pollution and green finance on the high-quality development of energy based on spatial Dubin model 2022Influence of green finance and renewable energy resources over the sustainable development goal of clean energy in China 2021The policy effect of green finance in promoting industrial transformation and upgrading efficiency in China: analysis from the perspective of government regulation and public environmental demands 2023Financial stability and sustainable development 2022Is the digital economy conducive to the development of renewable energy in Asia?2022The impact of green finance on environmental degradation in BRI region

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.