Decoupling between Economic Development and Carbon Emissions and Its Driving Factors: Evidence from China

Xiao-chun, Zhao; Jiang, Mei; Zhang, Wei

doi:10.3390/ijerph19052893

Cited by 51 publications

(41 citation statements)

References 46 publications

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“…The main reason can be considered as a well-functioning financial sector may provide more financing at a lower cost, thus more and more capital flows into environmental protection and energy conservation projects and enterprises, promoting the rapid development of the environmental protection industry and driving the green transformation and upgrading of traditional industries as well [ 10 ]. Besides, the development of finance prompts listed companies to adopt energy-saving technologies and finally achieve the goal of reducing environmental pollution [ 12 , 13 ]. Likewise, Shahbaz et al [ 14 ] showed that inefficient use of energy has a significant and negative influence on environmental quality, while the adoption of high-efficiency technologies at the production and consumption levels can build a cleaner environment.…”

Section: Literature Reviewmentioning

confidence: 99%

Does governance impact on the financial development-carbon dioxide emissions nexus in G20 countries

et al. 2022

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In the past 40 years, the continuous strengthening of the greenhouse effect has led to a significant increase in the global average temperature. Although people’s understanding of climate change has been strengthened, the world has not yet witnessed a significant decline in pollutant emissions; hence it is imperative to get to the root cause. This paper is based on the STIRPAT model framework and uses the panel data of G20 countries over the period 1999–2019 to examine the role of financial development on carbon emissions under good governance. The results show that financial development significantly promotes carbon dioxide emissions, and the impact presents an inverted “U”-shaped trend when the quadratic term of financial development is introduced. Surprisingly, governance quality indicators increase carbon emissions. However, financial development accompanied by good governance suppresses carbon emissions. Moreover, according to the grouped results of developed and developing countries, different nations should adopt differentiated strategies in development finance to implement the carbon emission targets proposed by the G20. In addition, this paper also confirms the existence of the Environmental Kuznets Curve hypothesis. In light of this, policymakers should optimize the quality of governance while shifting their agendas toward environmentally responsible financial practices to promote financial development to improve environmental quality effectively. Furthermore, strengthen international cooperation, enhance public environmental protection concepts, and take joint actions to achieve low-carbon and win-win results.

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Section: Literature Reviewmentioning

confidence: 99%

Does governance impact on the financial development-carbon dioxide emissions nexus in G20 countries

et al. 2022

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“…All the studies by (Wu et al, 2019;Mo and Wang., 2021;Tian and Lin., 2021) have concluded that the relationship between the two gradually tends toward low-carbon economic development, providing a scientific theoretical basis for adopting emission reduction measures to reach the peak in each region. In another study, Zhao et al (2022) argued that carbon emissions and economic growth are closely related and generally do not cross over in the long run; this view was also supported by (Myszczyszyn and Suproń, 2021) study of carbon emissions and economic growth in V4 countries (namely Czech Republic, Hungary, Poland, and Slovakia). However, there is still a degree of dependence of economic growth on carbon emissions.…”

Section: The Relationship Between Carbon Emissions and Economic Growthmentioning

confidence: 81%

Analysis of Regional Carbon Emission Decoupling Coupling in China Based on ArcGIS Analysis-Empirical Evidence From Urban-Rural Integration in Fujian Province

Xie

Zhang

et al. 2022

Front. Energy Res.

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China’s ambitious measures for developing a low-carbon economy led to the “double carbon” target initiation. Under this national goal, reaching peak carbon emissions by 2030 is desired. This should not come at the cost of economic growth; which means carbon emissions can be reduced while economic growth can be achieved simultaneously. To realise this strategic reform, the first pilot ecological civilisation zone in Fujian Province of China was initiated; its outcome is set to be the responsible case for such initiations aiming at increased low-carbon economy development. Therefore, it is essential to investigate the relationship between carbon emissions and economic growth based on the evidence. Hence, we applied a model that combines the Tapio and Coupled coordination. Combining the Tapio and the coupled coordination models allows us to analyse carbon emissions and economic growth in Fujian Province over 20 years, i.e., 2001–2020. First, we divided the urban-rural integration process into four stages following China’s Five-Year Plan (FYP): T1 (2001–2005), T2 (2006–2010), T3 (2011–2015), and T4 (2016–2020). Second, ArcGIS mapping was used to represent the spatial evolution pattern of low-carbon economic development in Fujian Province. We observed that the low-carbon economy in Fujian Province had reached a point where the economic growth rate has already exceeded its carbon emission growth rate and is currently in a weak decoupling state. In addition, there observed a bifurcation pattern between carbon emissions and economic growth, especially in the coastal cities that are out of balance, whereas the inland cities are being coordinated. Overall, it is observed that the concept of ecological civilisation is crucial for China to achieve the “double carbon goal,” and it is high time to create accelerating measures that guide the integration of urban and rural areas in the future with appropriate infrastructure.

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“…First, some researchers believe that the carbon emissions generated in the process of using cultivated land resources only include the direct or indirect greenhouse gas carbon emission caused by human production and operation activities [ 32 , 33 ]. Second, others believe that the carbon emissions generated in the process of utilizing cultivated land resources should also include the carbon sink effect of cultivated land resources and outputs [ 34 , 35 ]. Based on the published research results, more researchers focus on the first cognition [ 28 , 36 , 37 ].…”

Section: Methodsmentioning

confidence: 99%

Spatiotemporal Characteristics, Decoupling Effect and Driving Factors of Carbon Emission from Cultivated Land Utilization in Hubei Province

Xiao

Zhang

Qian

et al. 2022

IJERPH

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The carbon emission level and spatiotemporal characteristics in Hubei Province were estimated and studied using the Intergovernmental Panel on Climate Change (IPCC) carbon emission coefficient technique based on county data from Hubei Province from 2000 to 2020. The relationship between carbon emissions from cultivated land utilization and agricultural economic growth was examined using the Tapio decoupling index, and the factors influencing carbon emissions in Hubei Province were further examined using the Logarithmic Mean Divisia Index (LMDI model). The results demonstrate that: (1) Spatiotemporal variations in carbon emissions are evident. In terms of time, the volume of carbon emissions in Hubei Province is still substantial, and the transition to low-carbon land use is quite gradual. Geographically, the high-value region of the middle east coexists with the low-value zone of the west, with apparent regional contrasts. (2) The decoupling between carbon emissions and agricultural economic growth is becoming more and more obvious in Hubei Province. The number of counties and cities in a negative decoupling state has significantly decreased, and the majority of counties are now in a strong decoupling condition. (3) Agricultural production efficiency is the most significant driving factor for restricting carbon emission, according to the decomposition results of carbon emission driving factors based on the LMDI model. In addition, the results of sample decomposition based on topographic characteristics indicate that agricultural production efficiency is primarily responsible for the suppression of carbon emissions in flat regions. The increase in carbon emissions in hilly regions is primarily influenced by agricultural productivity. The increase in carbon emissions in mountainous regions is mostly influenced by agricultural labor intensity. This study′s finding has enlightening implications for the high-quality growth of agriculture.

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Decoupling between Economic Development and Carbon Emissions and Its Driving Factors: Evidence from China

Cited by 51 publications

References 46 publications

Does governance impact on the financial development-carbon dioxide emissions nexus in G20 countries

Does governance impact on the financial development-carbon dioxide emissions nexus in G20 countries

Analysis of Regional Carbon Emission Decoupling Coupling in China Based on ArcGIS Analysis-Empirical Evidence From Urban-Rural Integration in Fujian Province

Spatiotemporal Characteristics, Decoupling Effect and Driving Factors of Carbon Emission from Cultivated Land Utilization in Hubei Province

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