We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Can green finance improve eco-efficiency? New Insights from China.
- Authors
Lee, Chien-Chiang; Du, Lixia
- Abstract
Achieving economic development and ecological protection simultaneously is an inevitable selection for sustainable development in today's world, so it is crucial to improve eco-efficiency (EE). According to Chinese panel data at the provincial level between 2010 and 2020, this research explores the nexus between green finance (GF) and EE. The results denote that GF can significantly improve EE, and the higher the level of EE, the stronger the effect of improvement. The upgrading of industrial structure, optimization of energy structure, enterprises' concern for environmental protection and the public's attention to the environment are all favorable factors that can enhance the promotion effect of GF on EE. Additionally, this facilitation can only be played under a good external environment and mature internal conditions. Our findings can provide new insights for improving EE by developing GF.
- Subjects
CHINA; PANEL analysis; SUSTAINABLE development; ECONOMIC development; ENVIRONMENTAL protection
- Publication
Environmental Science & Pollution Research, 2024, Vol 31, Issue 28, p40976
- ISSN
0944-1344
- Publication type
Article
- DOI
10.1007/s11356-024-33832-7